taxNet: Calculate the tax and net salary by providing anual gross...

In paodan/TaxCal: Calculate Chinese tax.

Calculate the tax and net salary by providing anual gross salary

Description

Calculate the tax and net salary by providing anual gross salary

Usage

taxNet(
  salary,
  bin = c(0, 36, 144, 300, 420, 660, 960) * 10^3,
  rate = c(0.03, 0.1, 0.2, 0.25, 0.3, 0.35, 0.45)
)

Arguments

salary	annual gross salary in RMB.
bin	the bins for taxing. The default is c(0, 36,000, 144,000, 300,000, 420,000, 660,000, 960,000).
rate	the rate for each taxing bin. The default is c(0.03, 0.1, 0.2, 0.25, 0.3, 0.35, 0.45).

Value

a list, including annual gross salary, the tax you should pay, and the net anual salary. And make a plot, projecting the net salary on the curve.

Examples

taxNet(100000)
taxNet(c(100000, 200000, 250000, 270000, 300000))

paodan/TaxCal documentation built on April 4, 2022, 12:43 a.m.