Social security tax deduction standard

Legal analysis: According to the provisions of China's tax law, the basic old-age insurance premium, basic medical insurance premium, unemployment insurance premium and housing accumulation fund paid by units and individuals can be deducted from taxpayers' taxable income. At present, the above-mentioned "three insurances and one gold" are jointly paid by enterprises and individuals. Therefore, if the unit actually pays in accordance with the prescribed payment ratio, it will be exempted from personal income tax and deducted from the personal taxable income. In short, when an individual obtains wages and salary income paid by the company, his income does not need to include the part paid by the company, while the part paid by the individual from the salary of the current month is allowed to be deducted from the taxable income. If a unit or individual pays the basic old-age insurance in 560 yuan and 320 yuan according to the regulations, the actual salary of 1 1 is 4,000 yuan (excluding the basic old-age pension 560 yuan paid by the unit), and the income after deduction is 3,680 yuan. It is worth noting that the "three insurances and one gold" that are allowed to be deducted before tax exemption has stipulated standards, and the part that exceeds the standards needs to be incorporated into the employee's salary and salary for the current month. On the one hand, the withholding agent can deduct the "three insurances and one gold" paid to the company when declaring the withholding tax. If it is included in the total wages, it can be deducted within the prescribed proportion and standard range. Usually, it is simple to directly exclude this part from the total wages, so that it can not be deducted when calculating and paying personal income tax. On the other hand, regarding the deduction standard, the provisions of "three insurances" are that the payment base is the total salary of employees last month, and the payment ratio is "basic endowment insurance" 14% (non-deep households 13%), 8% for individuals, 6.2% for "basic medical insurance", 2% for individuals and 65438 for "unemployment insurance". However, the deduction standard of housing provident fund is relatively complicated, and its payment base is the average monthly salary of employees in the previous year, and the average salary cannot exceed 3 times of the average monthly salary of employees in the previous year in our city, and the payment ratio is 12% of the base, that is, it cannot exceed the above two standards of 3 times and 12%. For example, if the average monthly salary of employees in the previous year was 15654.8 yuan, and the average monthly salary of a person in the previous year was 20,000 yuan, and the contribution ratio was 15%, then the actually paid housing provident fund was 20,000×15% 000 yuan, and both the contribution base and the withholding ratio exceeded the standard. Then the allowable deduction of housing provident fund is 65,433. However, if the deposit ratio is 10%, the actually paid housing provident fund is 20,000×10% 000 yuan, but the deposit base exceeds the specified standard, the deductible housing provident fund is15654.8×10% 565.

Legal basis: People's Republic of China (PRC) Social Insurance Law.

Article 12 The employing unit shall pay the basic old-age insurance premium according to the proportion of the total wages of employees stipulated by the state and record it in the basic old-age insurance pooling fund.

Employees shall pay the basic old-age insurance premium in accordance with the proportion of wages stipulated by the state and record it in their personal accounts.

Individual industrial and commercial households without employees, part-time employees who have not participated in the basic old-age insurance in the employing unit and other flexible employees who have participated in the basic old-age insurance shall pay the basic old-age insurance premiums in accordance with state regulations and record them in the basic old-age insurance pooling fund and individual accounts respectively.

Twenty-third employees should participate in the basic medical insurance for employees, and employers and employees should pay the basic medical insurance premiums in accordance with state regulations.

Individual industrial and commercial households without employees, part-time employees who have not participated in the basic medical insurance for employees and other flexible employees can participate in the basic medical insurance for employees, and individuals pay the basic medical insurance premium in accordance with state regulations.

Article 35 The employing unit shall pay the work-related injury insurance premium according to the total wages of employees and the rate determined by the social insurance agency.

Forty-fourth employees should participate in unemployment insurance, and employers and employees should pay unemployment insurance premiums in accordance with state regulations.

Fifty-third employees should participate in maternity insurance, the employer should pay maternity insurance premiums in accordance with state regulations, and employees do not pay maternity insurance premiums.