How to calculate the basic social insurance premium and housing accumulation fund actually paid?

Hello! According to the Regulations on the Management of Housing Provident Fund, the unit shall remit the housing provident fund paid by the unit and remitted for employees into the housing provident fund account within 5 days from the date of monthly payment of employees' wages, and the entrusted bank will transfer it into the employee housing provident fund account. The specific payment ratio and payment base are as follows:

1, payment ratio. According to the Guiding Opinions on Several Specific Issues of Housing Provident Fund Management issued by the Ministry of Construction, the Ministry of Finance and the People's Bank of China (Jian Ji Gai [2005] No.5), the minimum deposit ratio of units and employees in cities with districts (mainly prefecture-level cities) is not less than 5%, and in principle it is not higher than 12% (the total deposit ratio is 10% to 24%). In other words, there is only a minimum deposit ratio of housing provident fund, which is not capped. However, the Notice of State Taxation Administration of The People's Republic of China of the Ministry of Finance on Individual Income Tax Policies for Basic Endowment Insurance, Basic Medical Insurance, Unemployment Insurance and Housing Provident Fund (Caishui [2006] 10) stipulates that the housing provident fund actually paid by units and individuals is allowed to be deducted from the personal taxable income within the range of the average monthly salary of employees in the previous year 12%. The part of the housing provident fund paid by units and individuals that exceeds the above-mentioned prescribed proportion shall be incorporated into the income from personal current wages and salaries, and personal income tax shall be levied. In other words, the part that the unit pays for the individual or the individual pays more than 12% will be included in the individual's salary income, and the individual income tax will be paid according to the regulations. For example, at present, the contribution ratio of ordinary provident fund in Shanghai is 7% of the total wages paid by employees and enterprises, and if there is supplementary provident fund, the proportion is 8% of the total wages. When the two items are added together, the maximum amount of one-way deposit is 15%. If the part within 12% is tax-free, then the part exceeding 3% needs to pay personal income tax.

It should be pointed out that according to the Regulations on the Management of Housing Provident Fund, units that have real difficulties in paying housing provident fund can reduce the proportion of payment or delay payment after discussion and approval by the workers' congress or trade union of the unit, review by the housing provident fund management center and approval by the housing provident fund management Committee; After the economic benefits of the unit improve, the deposit ratio will be increased or the overdue payment will be postponed.

2. Payment base. According to the Regulations on the Management of Housing Provident Fund, the monthly deposit base of employee housing provident fund is the average monthly salary of the employee himself in the previous year. The monthly deposit amount of housing provident fund paid by the unit for employees is the average monthly salary of employees in the previous year.

New employees start to pay the housing provident fund from the second month of their employment, and the monthly payment base is the employee's salary for the current month.

The newly transferred employees of the unit shall pay the housing provident fund from the date of payment of wages to the transferred employees, and the monthly payment base shall be the employee's monthly salary.

It should be pointed out that according to the Guiding Opinions of the Ministry of Construction, the Ministry of Finance and the People's Bank of China on Several Specific Issues concerning the Management of Housing Provident Fund, the monthly deposit base of housing provident fund should not exceed 2 or 3 times of the average monthly salary of employees in the previous year announced by the statistical department of the city where employees are located. Specific standards are determined by local governments according to actual conditions. Here, in principle, it can only be exceeded, that is to say, it can still be exceeded. For the excess, the Notice of the Ministry of Finance and 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 stipulates that if the average monthly salary of units and employees who pay housing provident fund exceeds 3 times the average monthly salary of employees in the city where employees live in the previous year, the excess will be incorporated into personal current wages and salary income, and personal income tax will be levied.

Special reminder: the housing provident fund paid by individual employees shall be withheld and remitted from their wages every month by the unit where they work.

Further reading: How to buy insurance, which is good, and teach you how to avoid these "pits" of insurance.