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China will raise the monthly threshold for IIT

 According to the report on the work of the government on March 5, 2018, China will increase personal income tax threshold for individual IIT and also increase the expense deductions for item like children’s education and treatment for serious disease.

At present, the standard monthly taxthreshold for Chinese and Foreigner is 3500 and 4800, respectively. Additional,for foreigner can deduct more expense as below:

Rent fee
Language education fee
Children’s education fee
Visiting relatives fee, twice one year.
Reasonable allowance for domestic or overseas travel

時間:2018-05-07 22:02來源:未知作者:admin 點擊:

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