Can the company deduct income tax by paying social security to employees?

It is not tax deductible for enterprises to pay social security.

It is not tax deductible for enterprises to pay social security. Enterprises have the obligation to pay social security for employees. Social security and tax deduction are two different concepts. Social security paid by enterprises cannot be deducted, tax is tax, social security is social security, and social security fees paid by enterprises are only allowed to be included in enterprise costs. As long as the labor contract is established, social insurance must be paid. The probation period is included in the labor contract period, so social insurance should be paid. The probation period shall be stipulated in the terms of the labor contract, and the probation period agreed orally shall not be recognized, which belongs to the time limit agreed in the labor contract. According to the relevant regulations, the employer shall register social insurance for employees within 30 days from the date of employment.

How to calculate the tax rate?

The personal income tax exemption amount is 5000 yuan, and the specific calculation formula for paying individual tax is: monthly taxable income = pre-tax income -5000 yuan (threshold)-special deduction (three insurances and one gold, etc.). )-special additional deduction-other deductions determined according to law; Tax amount = monthly taxable income * tax rate-quick deduction.

Special deductions include basic old-age insurance premium, basic medical insurance premium, unemployment insurance premium and housing accumulation fund. ; Special additional deductions include children's education, continuing education, housing loan interest or housing rent, support for the elderly and serious medical expenses. Other deductions determined according to law include donations. Other deductions determined according to law include donations, etc.

Among them, the monthly deduction standard of housing loan interest is 1000 yuan, and the longest deduction time is 240 months, which can be deducted by one or both spouses in proportion; The deduction standard of housing rent is from 800 yuan to 1500 yuan per month. Different cities have different deduction standards, which are generally divided according to the population of the city.

The collection scope of personal income tax includes wages, salaries, royalties, business income, labor remuneration, interest, dividends, bonus income, property lease income, property transfer income, accidental income and other income.

I hope the above content can help you. Please consult a professional lawyer if you have any other questions.

Legal basis: Regulations on the Implementation of Enterprise Income Tax in People's Republic of China (PRC).

Article 35 The basic social insurance premium and housing accumulation fund paid by an enterprise for its employees in accordance with the scope and standards stipulated by the relevant competent department of the State Council or the provincial people's government are allowed to be deducted.

Article 38 The following interest expenses incurred by an enterprise in its production and business activities are allowed to be deducted:

(1) Interest expenses incurred by non-financial enterprises in borrowing from financial enterprises, interest expenses incurred by various deposits and interbank lending of financial enterprises, and interest expenses incurred by enterprises in issuing bonds upon approval;

(two) the interest expenses of non-financial enterprises borrowing from non-financial enterprises shall not exceed the amount calculated according to the interest rate of similar loans of financial enterprises in the same period.