What Is PTKP In Tax? Check Out The Definition And Provisions Here

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YOGYAKARTA In the taxation system in Indonesia, the term PTKP is known as Non-Taxable Income. What is PTKP?

PTKP is one of the variables that affects the income tax calculation (PPh). The following is a complete review of what PTKP is.

According to Article 7 of Law Number 36 of 2008 concerning Income Taxes, PTKP is the amount of individual taxpayer income exempted from Article 21.

Quoted from the official website of the Directorate General of Taxes (DJP), PPh article 21 is a deduction of income paid to private people in connection with work, positions, services, and activities.

Well, in calculating PPh Article 21, PTKP functions as a taxpayer for taxpayers (WP).

If the income of taxpayers does not exceed PTKP, then Taxpayers are not subject to Article 21. On the other hand, if Taxpayers' income exceeds the PTKP limit, net income after deducting PTKP will be the basis for calculating PPh 21.

The latest PTKP provisions still refer to the Minister of Finance Regulation (PMK) Number 101 of 2016 concerning Taxless Income Adjustments (PTKP).

According to the PMK, the amount of Non-Taxable Income for Private Taxpayers with unregistered and dependent status is IDR 54,000,000 per year or IDR 4,500,000.

For taxpayers with the status of marriage, an additional Rp4,500,000 will be added. next, additional for a wife whose income is combined with her husband's income of Rp54,000,000.

Supplement to each member of the family of inbreeding and half-hearted families in a straight descent and adopted children amounting to Rp4,500,000, a maximum of three people per family.

For taxpayers whose income is less than that value, the PPH 21 is nil. Even so, taxpayers are still required to report the PPh Annual Notification Letter (SPT).

This obligation applies to taxpayers to obtain Non-Effective (NE) status from the Directorate General of Taxes (DJP).

The amount of PTKP tariff is determined based on the status of the taxpayer at the beginning of the tax year concerned.

According to PMK No. 101 of 2016 concerning Adjustments to PTKP, the following is the complete tariff of PTKP based on the status of taxpayers:

That's the information about what PTKP is. Get news updates of other options only on VOI.ID.