Original title: why do we get less money after tax cuts? The 3 question is to tell you |CBNweekly.
Has tax reform really lighten up? At least finance does not think so.
Since the revision of the "tax law" in August 31, 2018, it has been widely discussed.
In this adjustment, the most closely related change to the company is that the tax threshold has been raised from 3,500 yuan to 5,000 yuan, and six special additional deductions have been added --- which has indeed reduced the company's burden to some extent.
However, this does not mean that the company's income will increase, because in this amendment, the social security collection department will be transferred from the original social security bureau to the tax bureau, the collection is more intensive, not to mention, the social security payment base will also be paid according to the actual amount of income. That is to say, for those who didn't pay the full income, the tax you saved may not be worth the future overpayment.
Why did it pay less?
According to the law, a company must pay five risks and one gold for its employees. In Shanghai, for example, a company has to pay at least 31.4% of its monthly average wage for an employee as a social security fee, which is a huge expense for many unstable small and medium-sized enterprises.
Disability gold does not belong to "five risks and one gold", but it is also a cost that enterprises must bear.
Before the tax reform, the social security payment base is declared by the enterprise itself to the Social Security Bureau. In this case, many small and medium-sized companies, on the one hand, to save labor costs, on the other hand, employees can get more in hand income - which is also expected by many companies, so choose a lower quota to declare, such as the local social security base as a quota to pay.
However, after the unified levy of social security by the tax department, the salary income of the employees of the enterprise becomes transparent, and the enforcement and management of the tax department is stronger, which means it is difficult for the enterprise to get through the customs again.
It should be noted that the original "less payment" itself is not a compliance operation, more cost-saving and the use of legal loopholes.
Which companies are most affected?
After the unified levy of social security by the tax bureau, the law enforcement is stronger, and all kinds of irregularities of enterprises will be controlled to a certain extent.
Companies that have less or no social security will face steep increases in operating costs. So this kind of small and medium enterprises, private enterprises and individual businesses are the most affected.
In addition, some industries with longer payroll cycles, such as construction units with construction funds as the main source of income, often avoid taxes by lowering the average monthly wage of employees below the tax threshold, while the rest is deferred until the end of the year in the form of subsidies, which will be difficult to sustain in the future. Continue.
Some cross-provincial and municipal enterprises will take advantage of the social security base difference in different regions and choose the cities with lower social security base to declare and pay for social security for their employees. Such companies will also have difficulty in the future.
If you work in state-owned enterprises, large foreign companies, and compliance companies, the tax reform is a boon, so don't worry too much about these problems. To some extent, this tax reform is more equitable for these compliance companies.
Social security has been handed over. Why do we still feel so anxious?
In principle, the establishment of social security itself is a good thing, an important part of the social security system, but also the security of our future life. In theory, the more we pay, the more the company pays, and the more benefits we can enjoy in the future. But in fact, because China's population structure is changing, coupled with inflation and other factors, people are most worried about the pension problem, now pay more, the future can be much more? Even if we can get it, will the monthly pension amount meet the actual consumption at that time?
According to the way your pension is paid, 8% of your salary is spent on old-age insurance every month, and the money is deposited in your personal social security account for retirement. The company will also pay you an old-age insurance equivalent to about 20% of your salary, which will be credited to the social pooling account.
So, how much can we get in the future? It depends on three parameters.
The first is the wage level of your pension payer, which is either the place of your domicile or the city where your pension has been accumulated for 10 years.
The second is the balance in your personal account, which is transparent and computable.
The third is a full-year payment period, the premise of pension is to pay 15 years old-age insurance, or even retirement can not be received.
That is to say, for those who work in the first-tier cities, if a city to pay 10 years old-age insurance is good, if less than 10 years, halfway to other low-tier cities, it is equivalent to the first-tier city standards to pay social security, but can only enjoy low-tier city endowment insurance treatment, which is a lot of It is not clear why young people in the future are unwilling to pay social security in full.
Even after 10 years in the first tier cities, many companies are worried that the changes brought about by aging society and the accumulation of pensions can not match the pace of inflation, so after the new "individual tax law" came into effect, the excessive social security payments in many companies seem to be equivalent to a disguised tax.
The supplementary measures of the Individual Tax Law implemented on September 6 have determined that six items of expenditure, such as children's education, continuing education, serious illness medical care, interest on ordinary housing loans, housing rent and supporting the elderly, can be deducted from personal income tax. At the same time, local governments are urged to study how to reduce the social security premium rate properly and ensure that the overall burden of enterprises is not increased. . In the latest developments on September 11, the General Administration of Taxation, the Ministry of Finance, the Ministry of People's Society, the State Health and Health Commission, the State Medical Insurance Bureau and other five departments are jointly promoting the transfer of tax collection and management responsibilities. The General Administration of Taxation has made it clear that the fees for enterprises paying according to law will gradually and reasonably fall.
But in fact, from the perspective of these reform policies that can be seen at present, the specific amount of these six special deductions can be deducted, the reporting conditions and procedures are still uncertain. Whether ordinary corporate people can really benefit from them is still an open question. Tax reform seems to be a good thing, but there are still many uncertainties.
Editor in chief: Zhang Yan
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