What do taxes and social security mean?

Taxation and social security expenditure refer to social security tax, also known as "social security tax" and "payroll tax". It is a special tax with wages and salaries as the tax object, and its tax revenue is used for specific social insurance projects. Taxpayers are generally employers and employees, and taxes are shared by both parties, but in some cases, employers pay unilaterally. The social security fee is collected from the unit by the local taxation bureau at the beginning of each month, so as long as the employee goes to work for half a month, the unit needs to pay the social security fee for the employee this month, and the employee needs to bear the personal social security payment this month. Under any of the following circumstances, the employer may withhold the wages of the workers: (1) Personal income tax withheld and remitted by the employer; (two) social insurance premiums withheld by the employer and borne by the individual workers; (3) The alimony and maintenance expenses required to be withheld by the court's judgment or ruling; (four) other expenses that can be deducted from the wages of workers as stipulated by laws and regulations.

Legal basis:

Calculation of taxable income in Article 6 of the Individual Income Tax Law of People's Republic of China (PRC);

(1) For the comprehensive income of individual residents, the taxable income shall be the income after deducting expenses of 60,000 yuan, special additional deductions and other deductions determined according to law.

(2) For the income from wages and salaries of non-resident individuals, the taxable income shall be the balance of monthly income after deducting expenses of 5,000 yuan; Income from labor remuneration, royalties and royalties shall be taxed.

(3) For operating income, the taxable income shall be the balance of the total income in each tax year after deducting costs, expenses and losses.

(four) if the income from property leasing does not exceed 4,000 yuan each time, the 800 yuan shall be deducted; If it exceeds 4,000 yuan, 20% of the expenses will be deducted, and the balance will be taxable income.

(5) For the income from property transfer, the taxable income shall be the balance after deducting the original value of the property and reasonable expenses from the income from property transfer.

(6) Interest, dividends, bonus income and contingent income shall be limited to the taxable income each time.

Income from remuneration for labor services, remuneration for manuscripts and royalties shall be the balance after deducting expenses. The amount of remuneration should be reduced by 70%.

Derivative problem:

How to handle social security?

1. How do individuals pay social security? Freelancers can apply for social security (pension+medical care). 2. Insurance conditions: urban hukou or rural hukou. 3. Handling place: local community street social security service points, or district and county social security bureaus (labor and social security bureaus). 4. How do individuals pay the basic information needed in social security issues: household registration book, ID card and photocopy, and two 1 inch photos.