Before revision: Personal income calculation The formula for calculating Personal Income (PI) can be expressed as follows: PI = Undistributed profits (UP) - Corporate tax (CT) - Net interest households payment (NIH) + Transfer payment from households (TPH) In this formula: Undistributed profits (UP) represent the earnings that are not distributed among shareholders and are retained by the company.
After revision: National Income -- social security contribution+ interest of public debt + windfall gainPersonal income calculation The formula for calculating Personal Income (PI) can be expressed as follows: PI = Undistributed profits (UP) - Corporate tax (CT) - Net interest households payment (NIH) + Transfer payment from households (TPH) In this formula: Undistributed profits (UP) represent the earnings that are not distributed among shareholders and are retained by the company.