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Guangzhou social security is accrued according to the total wages? How to calculate?
Guangzhou social security is calculated on the basis of total wages, excluding it. Because the calculation formula of social security in Guangzhou is: social security payment amount = total wages * social security payment ratio, in which the social security payment ratio is stipulated by the state, generally around 10%, and the total wages are declared by enterprises according to the actual wages of employees, social security in Guangzhou is calculated according to the total wages, not accrued.
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