What do you mean by withholding social security fees and collecting taxes?

Withholding and remitting social insurance premiums refers to the system in which payment units withhold and remit the pension, medical care and unemployment insurance premiums that employees should pay from their wages. Withholding and remitting is the right and obligation entrusted to the employer by law, and the payer and individual shall not refuse or interfere.

Taxation is the most important income form and source of national finance. The essence of taxation is a special distribution relationship formed by the state to meet the needs of the public, rely on the strength of the public, participate in the distribution of national income in accordance with the standards and procedures prescribed by law, and forcibly obtain fiscal revenue. It embodies a specific distribution relationship between the state and taxpayers in the collection and distribution of tax benefits under a certain social system.

The tax features are as follows:

1, required. The compulsion of taxation means that the state, as a social manager, relies on political power and political power to levy taxes by issuing laws or decrees;

2. It's free. The unpaid nature of taxation means that part of the income of social groups and social members is transferred to the state through taxation, and the state does not pay any remuneration or cost to taxpayers;

3. The fixity of taxation refers to taxation according to the standards stipulated by national laws and regulations, that is, taxpayers, tax objects, tax items, tax rates, tax calculation methods and time limits, etc. , are stipulated in advance by tax laws and regulations, have a relatively stable probation period, and are fixed continuous income.

The tax objectives are as follows:

1, turnover tax. Turnover tax is a tax levied on commodity production circulation and non-production circulation. Turnover tax is the main tax in the tax structure.

2. Income tax. Income tax, also known as income tax, refers to a tax that takes all kinds of income as the object of taxation;

3. Property tax. Property tax refers to a tax that takes the property owned or controlled by taxpayers as the object of taxation;

4. Behavior tax. Behavior tax refers to a kind of tax that takes some specific behaviors of taxpayers as the object of taxation;

5. Resource tax. Resource tax refers to a tax levied on units and individuals engaged in resource development in China. In the current tax system, resource tax, land value-added tax, cultivated land occupation tax and urban land use tax all belong to resource tax.

legal ground

People's Republic of China (PRC) tax collection management law

Article 32 If a taxpayer fails to pay the tax within the prescribed time limit and a withholding agent fails to pay the tax within the prescribed time limit, the tax authorities shall order him to pay the tax within the prescribed time limit, and impose a late fee of 0.5% of the overdue tax on a daily basis from the date of overdue payment.