What does social security tax silver mean?

Social security tax payment is the act of paying social insurance and taxes.

Payment of social security tax means that individuals or enterprises pay social insurance premiums and various taxes to the relevant departments in accordance with the law, in which social insurance includes insurance expenses such as pension, medical care, unemployment, work injury and maternity.

Various taxes cover income tax, business tax and other forms, which are intended to protect citizens' basic welfare and provide economic support for vulnerable groups, and are one of the sources of national fiscal revenue. By fulfilling this obligation, individuals and enterprises can obtain corresponding rights and services and make contributions to national development.