Job Recruitment Website - Social security inquiry - Is the tax bank withholding social security withholding?
Is the tax bank withholding social security withholding?
Dear you, withholding tax means deducting the social security withholding tax first, and then putting the deduction into the social security account, which is the original social security withholding. At present, social insurance is collected from local taxes in 17 provinces. This is also the case in your province. Bank deductions are handled by the Social Security Bureau. In other words, the local tax is collected by the Social Security Bureau and withheld by the bank.
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