How much is personal salary tax exempt, including medical insurance?

Personal income tax does not include social security.

Individuals do not need to pay personal income tax for the social security part.

According to Article 1 of the Notice of the Ministry of Finance of State Taxation Administration of The People's Republic of China on Individual Income Tax Policies for Basic Endowment Insurance, Basic Medical Insurance, Unemployment Insurance and Housing Provident Fund, the basic endowment insurance, basic medical insurance and unemployment insurance actually paid by enterprises and institutions according to the payment ratio or method stipulated by the people's government of the country or province (autonomous region or municipality directly under the Central Government) shall be exempted from individual income tax;

The basic old-age insurance premium, basic medical insurance premium and unemployment insurance premium actually paid by individuals according to the payment ratio or method stipulated by the state or the people's governments of provinces (autonomous regions and municipalities directly under the Central Government) are allowed to be deducted from the taxable income of individuals, and the social insurance premium paid by individuals in social security centers can be deducted before tax.

Extended data:

How to calculate the premium?

Payment amount = payment base * payment proportion.

1, social security payment base

Social security payment base refers to the wage base used by enterprises or individual employees to calculate and pay social insurance premiums. This base multiplied by the prescribed rate is the amount of social insurance premiums that enterprises or individuals should pay.

Local social security payment bases are linked to local average wage data. It is determined according to the average monthly wage income of employees from June 1 day to February 1 day in the previous year. Once a year, it will not change within one year after confirmation. The time to apply for adjusting the social security base is generally in July.

Enterprises generally take the total wages of enterprise employees as the payment base, and individual employees take half of their average monthly salary in the previous year as the salary base for individuals to pay social insurance premiums. In China, the payment base is approved by the social insurance agency according to the employer's declaration.

2. Payment ratio

Payment ratio, that is, the collection rate of social insurance premiums. China's "Social Insurance Law" does not make specific and clear provisions on the collection rate of social insurance. According to China's current social insurance policy, we implement different collection ratios for different types of social insurance.

Calculation method of personal income tax

Taxable income = (monthly income-five insurances and one gold-threshold-other deductions determined according to law-special additional deduction) * applicable tax rate-quick deduction.

Note: The new tax law will take effect on1October 20 19 1 day, and the latest tax threshold and tax rate will take effect on1October 20 18 1 day.

According to the provisions of the new tax law, from 20 1 810/0 month1to 201812 February 3 1, the income from taxpayers' wages and salaries is subject to the individual income tax rate.