What is social security tax?

From June 5438+065438+1 October1day in 2020, corporate social insurance premiums will be collected by tax authorities. After collecting social security income tax, the tax authorities are fully responsible for all aspects of social security fee collection, including declaration, verification and recovery. Through data sharing, it is easy to find out whether enterprises pay social security fees illegally. If the enterprise fails to pay social security according to the actual situation, it will face various penalties such as late payment fee, fine and late payment fee, and may even affect the tax credit rating of the enterprise.