Job Recruitment Website - Social security inquiry - The actual wage is higher than the social security contribution base, the wages before income tax can be fully deductible?
The actual wage is higher than the social security contribution base, the wages before income tax can be fully deductible?
Yes. By checking the official website of the National Social Security Bureau information, as of April 14, 2023, the actual salary is higher than the social security contribution base, the income tax before the salary is allowed to be fully deductible. The insurance contribution base is the basis for the proportional contribution of the insured. Social security contribution base is 60%-300% of the average social wage for the payment base.
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