Does the individual tax include five insurances?

Individual tax does not include five risks, as follows:

1, because this part of the five insurance and one gold expenses borne by individuals also belongs to the salary paid by the company. Personal income tax is the general name of legal norms that adjust the social relationship between tax authorities and natural persons in the process of personal income tax collection and management.

2. After-tax salary is the pre-tax salary-personal part of social security. The five insurances and one gold often mentioned are pension, medical care, unemployment, maternity and work injury. The personal part does not include maternity and work-related injuries, so it is three insurances and one gold. In other words, after-tax wages are pre-tax wages-three insurances and one gold that individuals bear. The social security part borne by the company, that is, the five insurances and one gold part borne by the company, has nothing to do with pre-tax and post-tax and even the pre-tax salary will not include the amount paid by the company, and the post-tax salary will not include the amount paid by the company for employees.

According to the implementation regulations of the individual income tax law, other deductions determined according to law include individual payment of enterprise annuities and occupational annuities that meet the requirements of the state.

Legal basis: Article 13 of the Regulations for the Implementation of the Individual Income Tax Law.

Other deductions mentioned in Item (1) of Paragraph 1 of Article 6 of the Individual Income Tax Law include payment of enterprise annuities and occupational annuities that meet the requirements of the state, purchase of commercial health insurance and tax deferred commercial endowment insurance that meet the requirements of the state, and other items that can be deducted according to the provisions of the State Council.