Calculation method of pre-tax deduction of social security amount

The calculation method of pre-tax deduction of social security amount is determined according to relevant national laws and regulations and tax policies, and social security items, pre-tax deduction ratio and upper limit need to be considered. The specific calculation steps include determining the applicable social security items, determining the applicable pre-tax deduction ratio, determining the applicable pre-tax deduction upper limit, and finally calculating the amount of social security to be deducted according to personal wage income. Please consult a professional lawyer or tax agency for an accurate answer.

The calculation method of pre-tax deduction of social security amount is determined according to relevant national laws and regulations and tax policies. Generally speaking, the pre-tax deduction of social security amount refers to the social insurance expenses that can be deducted from taxable income when calculating personal income tax.

First of all, we should determine the applicable social insurance items, including endowment insurance, medical insurance, unemployment insurance, work injury insurance and maternity insurance. The deduction amount of each item may be different.

Secondly, it is necessary to determine the applicable pre-tax deduction ratio. According to the relevant provisions of the state, the individual income tax law stipulates the pre-tax deduction ratio of social insurance expenses, and the specific ratio may vary according to different regions and policies.

Then, you need to determine the applicable upper limit of pre-tax deduction. According to the relevant regulations of the state, there is an upper limit on the amount of pre-tax deduction of social insurance expenses, and the part exceeding the upper limit will no longer enjoy pre-tax deduction.

Finally, according to the individual's wage income and the applicable pre-tax deduction ratio, the amount of social insurance to be deducted is calculated. This amount will be deducted from the taxable income, thus reducing the calculation base of personal income tax.

It should be noted that the calculation method of pre-tax deduction of social security amount may be adjusted with the change of national tax policy, so it is necessary to keep abreast of the latest laws, regulations and policy requirements in specific operations.

In short, the calculation method of pre-tax deduction of social security amount is determined according to relevant national laws, regulations and tax policies, and factors such as applicable social insurance items, pre-tax deduction ratio and upper limit need to be considered. If you have specific questions, it is recommended to consult a professional lawyer or tax agency to get an accurate answer.

The calculation method of deducting social security expenses before individual income tax is determined according to relevant national laws, regulations and policies. Generally speaking, the calculation method includes the following steps: firstly, determine the applicable pre-tax deduction items, including basic old-age insurance, basic medical insurance, unemployment insurance, industrial injury insurance and maternity insurance. Secondly, the amount of social security expenses is calculated according to the individual's wage income and related rates. Then, the sum of social security expenses is accumulated to get the total social security expenses. Finally, when calculating personal income tax, the total amount of social security expenses is deducted from wage income to get taxable income. According to the differences between different regions and individuals, the specific calculation method may be different. Therefore, it is recommended to consult professionals or refer to relevant laws and policies when calculating the pre-tax deduction of social security fees for personal income tax.

Legal basis:

Regulations for the Implementation of the Enterprise Income Tax Law of People's Republic of China (PRC) (revised on 20 19): Chapter II Taxable Income Section III Deduction Article 35 The basic social insurance premiums and housing accumulation funds paid by enterprises for their employees according to the scope and standards stipulated by the relevant competent departments of the State Council or the provincial people's government are allowed to be deducted. Supplementary endowment insurance premiums and supplementary medical insurance premiums paid by enterprises for investors or employees are allowed to be deducted within the scope and standards stipulated by the competent departments of finance and taxation of the State Council.