The difference between five insurances, one gold and tax.

The difference between five insurances and one gold and tax:

1, with different concepts: five insurances and one fund refer to endowment insurance, medical insurance, maternity insurance, work injury insurance, unemployment insurance and housing accumulation fund. Tax refers to the money or kind that the government collects from enterprises, collectives and individuals in order to maintain its operation and provide public services to the society. It is compulsory, fixed and unpaid.

2. Personal income tax is paid to the state, while five insurances and one gold are paid to the elderly in the future, which are different in nature. People who pay social security also have to declare individual taxes; The payment basis of social security is the same as that of individual tax, both of which are wages. After the integration of the five certificates, the relevant information of social security and individual tax will be cross-examined.

How to calculate tax:

1, taxable income of income tax = current output tax-current input tax.

2. Surcharge tax = (output tax payable income tax) × tax rate

3. Education surcharge = (specific income tax paid) x3 %；;

4. dike safety protection fee = main business income x 0.1%;

5, regional education surcharge = (payable income tax output tax) × 2%;

6. Income tax taxable income = total income-non-taxable income deduction-loss compensation, income tax = total assets x collection rate, and the collection rate is 25%.

Legal basis:

People's Republic of China (PRC) social insurance law

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The state establishes social insurance systems such as basic old-age insurance, basic medical insurance, industrial injury insurance, unemployment insurance and maternity insurance, so as to guarantee citizens' right to receive material assistance from the state and society in accordance with the law when they are old, sick, injured, unemployed and have children.