Does the current income of individual tax include social security?

The current income of individual tax does not include social security.

First, the basic concepts of individual tax and social security

Personal income tax, referred to as individual tax, refers to the tax levied on personal income and is a means for the state to regulate personal income. Social security, that is, social insurance, is a social and economic system that provides income or compensation for people who have lost their ability to work, are temporarily unemployed or suffer losses due to health reasons.

Second, the composition of the current tax revenue

Current income of individual tax mainly refers to all income obtained by individuals in a certain period (such as one month or a tax year), including wages, salaries, royalties, operating income, property lease income, interest, dividends, bonus income, etc. These incomes are the basis for calculating personal income tax.

Third, the relationship between social security and individual tax.

Social security payment is not a part of personal income, but a social obligation shared by individuals and units. Therefore, when calculating individual tax, the social security payment is not included in the current income of individual tax. In fact, the amount of social security payment will reduce the actual disposable income of individuals to a certain extent, but this part of the amount is excluded from taxation.

Four, the deduction in the calculation of individual tax

In the calculation of individual tax, in addition to the current income, there are a series of deductions such as the threshold, special additional deductions and other deductions determined according to law. The existence of these deductions makes the calculation of individual tax more fair and reasonable.

To sum up:

The current income of individual tax does not include social security. Individual tax is calculated on the basis of individual's actual income, while social security payment is a social obligation with different nature. When calculating individual tax, social security contributions should be excluded and only personal actual income should be taxed.

Legal basis:

Individual Income Tax Law of the People's Republic of China

Article 6 provides that:

Calculation of taxable income:

(1) For the comprehensive income of individual residents, the taxable income shall be the income after deducting expenses of 60,000 yuan, special additional deductions and other deductions determined according to law.

(2) For the income from wages and salaries of non-resident individuals, the taxable income shall be the balance of monthly income after deducting expenses of 5,000 yuan; Income from labor remuneration, royalties and royalties shall be taxed.

(3) For operating income, the taxable income shall be the balance of the total income in each tax year after deducting costs, expenses and losses.

(four) if the income from property leasing does not exceed 4,000 yuan each time, the 800 yuan shall be deducted; If it exceeds 4,000 yuan, 20% of the expenses will be deducted, and the balance will be taxable income.

(5) For the income from property transfer, the taxable income shall be the balance after deducting the original value of the property and reasonable expenses from the income from property transfer.

(6) Interest, dividends, bonus income and contingent income shall be limited to the taxable income each time.