Personal pension account tax avoidance

"Personal pension income is stable, which is a great supplement to social security pension! The maximum annual payment is 12000 yuan, and you can also apply for special deduction, which can save a lot of money for our working class! "

Recently, articles praising "personal pension policy" are everywhere on the Internet, telling us how to get high returns. Many experts also told us that through calculation and demonstration, we can avoid taxes and save a lot of money.

But is this really the case?

I don't think so! Personal pension can really avoid taxes for the high-paying class. However, for us ordinary people, we may not only fail to save money, but also pay 3% more tax for nothing.

First of all, I would like to introduce to you how personal pension can avoid taxes and save money.

First of all, you must go to the corresponding bank first, and you can open a personal pension account through mobile banking. Then, you can bind the bank card for payment.

Maximum annual amount 12000 yuan. You can buy it once or monthly, which is more flexible.

So how to avoid taxes?

In fact, personal pension tax avoidance is particularly similar to additional special deductions. For example, you paid 12000 this year. In March of the following year, there will be a year-end settlement of individual taxes. On the tax APP, there is a column, which is a special deduction for "personal pension".

This 12000 yuan was included in the final accounts at the end of the year, and the tax money deducted on weekdays was refunded.

To put it bluntly, there are seven special deductions in China, namely, raising children under 3 years old, preschool education, adult continuing education, mortgage repayment, renting a house, supporting the elderly, and serious illness medical treatment.

Coupled with this "personal pension", it is actually equivalent to eight special deductions.

This can really save a lot of tax money for high-income groups, especially those with a monthly income of 1 10,000 to more than 20,000. Because it is a high-paying class, the annual 12000 yuan may be deducted by more than 20%. Paying personal pension and withdrawing money after retirement is taxable, but the tax rate is only 3%. This is equivalent to saving 17% tax, saving more than 2000 yuan.

Can ordinary people save money by buying personal pensions? We can know from the following calculation.

1. High-paid people can avoid taxes and save money.

For the high-paying class, it is indeed possible to avoid taxes and save money. We can give an example.

For example, a person has a high monthly income. After deducting five insurances and one gold, the tax payable is 6.5438+0.5 million yuan. Then according to the taxation rules of individual tax, under normal circumstances, he needs to pay taxes:

(8000-5000) × 3%+(65438+5,000 -8000)× 10%

=790 yuan This is the amount he needs to pay every month under normal circumstances. The tax to be paid in one year is 9480 yuan.

However, after paying the personal pension of 1 10,000 yuan per month, the tax amount changed from10.5 million to10.4 million. At this time, you only need to pay taxes:

(8000-5000) × 3%+(65438+4000 -8000)× 10%

=690 yuan will reduce its tax payment for one month 100 yuan and for one year 1200 yuan.

At the same time, after retirement, whether you receive it monthly or in one lump sum, you need to pay 3% tax. That 12000 yuan a year, you need to pay 360 yuan tax.

Compared with the previous 1200 yuan, 840 yuan is saved.

It can be said that the higher the income, the better the effect of tax avoidance and money saving. Like some ultra-high-income groups, the part with a monthly salary of more than 85,000 yuan is subject to 45% tax deduction. He is charged 45% tax for a year 12000. However, after paying the personal pension, you only need to pay 3% tax when withdrawing money, which is equivalent to 42% of 12000, which is 5040 yuan.

It is 5040 yuan a year, and hundreds of thousands in decades.

2. Low-income groups may not only fail to save money, but also be taxed more.

For example, a person's monthly salary is only 6000 yuan. Although the tax threshold is 5000 yuan, because he has extra special deductions. Therefore, he doesn't need to deduct a penny of tax.

Now he pays this personal pension, 1000 every month, and one year is 12000. After he retires, he will be taxed at 3% when withdrawing money, whether it is one-time withdrawal or monthly withdrawal.

In other words, his annual income 12000 yuan should not be taxed at all. But after paying the personal pension, you have to pay 3% tax when you withdraw money.

Every year, he will pay 12000×3%=360 yuan's tax. If you pay for 20 years, you have to pay 7200 yuan more.

Therefore, for low-income groups, there is no tax avoidance and money saving effect at all. On the contrary, you may have to pay more taxes and be deducted 3% tax.

According to my personal calculation, without any extra special deduction, anyone with a monthly salary of less than 8,000 yuan is not suitable for buying a personal pension. This monthly salary is 8000 yuan, which refers to the amount of tax after deducting five insurances and one gold.

One more question, is it necessary to notarize in case the person who bought the personal pension dies? Notarization also requires a 2% handling fee.

If the customer who pays the personal pension dies, his children can inherit it.

There will be a problem here: what if the family members' children can't remember the bank card password of the elderly and can't get the money?

At this time, you need to go to the notary office for notarization.

According to the new regulations of China's notary office, notarization needs to pay a handling fee of 2%.

Originally, 3% tax was deducted, plus 2% notary fee, and the money lost 5%. Can the income of individual pension exceed 5% interest?

This personal pension can invest in many projects, all of which are wealth management and fund products. Don't say how high the income of these products can be, they are not guaranteed. Of course, you can also invest in deposits. But how high is the deposit interest? It is absolutely impossible to get more than 5%.

Probably saved alone for many years. After his accidental death, his family first notarized, then paid 3% tax and took the money. Not only lost, but also lost the principal. Not that I'm alarmist, it's really possible!

Finally, make a summary:

At present, personal pension seems to be good. Especially in tax avoidance, it can really save a sum of money. However, this is all aimed at high-income groups.

For our ordinary working class, the monthly salary is several thousand dollars. If you buy another personal pension, you have to pay more taxes and a lot of money.

Again, personal pension is very suitable for the rich, not for the general public. We working people have some money in our hands, and we just need to deposit or buy government bonds regularly.