Job Recruitment Website - Social security inquiry - Does the general taxpayer use tax deduction for social security payment?

Does the general taxpayer use tax deduction for social security payment?

Use.

The social security paid by ordinary taxpayers for employees is the part borne by the company. Before tax, it is deducted by borrowing: management fee loan: salary payable to employees.

In the past, the formula of our salary was (pre-tax income-social security fee-exemption amount) × applicable tax rate-quick deduction amount. Starting from next year 1 month, there is another item, that is, tax line deduction, and those who meet the conditions can enjoy further tax relief. That is, (pre-tax income-social insurance fee-exemption amount-special additional deduction) × applicable tax rate-quick deduction.