1, basic old-age insurance;

2. Basic medical insurance;

3. Unemployment insurance;

4. Work injury insurance;

5. Maternity insurance;

6. Housing accumulation fund.

Tax incentives for social security:

1. Deduction before personal income tax: social security fees can be deducted as a special item when calculating personal income tax to reduce taxable income;

2. Corporate income tax relief: the social security fees paid by enterprises for employees can be deducted as costs within a certain range, reducing the taxable income of enterprises;

3. Tax policy support: the government has specific tax preferential policies for social security, encouraging enterprises and individuals to participate in social security according to law;

4. Avoid double taxation: social insurance premiums have already enjoyed tax incentives according to regulations when paid, so they are no longer taxed as wage income when paid.

To sum up, five insurances and one fund include basic old-age insurance, basic medical insurance, unemployment insurance, industrial injury insurance, maternity insurance and housing accumulation fund, all of which are benefits enjoyed by employees in the process of employment, and they do not need to pay taxes, aiming at providing basic social security and housing security for employees.

Legal basis:

Regulations for the implementation of the individual income tax law

Article 25

According to state regulations, the basic old-age insurance premium, basic medical insurance premium, unemployment insurance premium and housing accumulation fund paid by units and individuals are deducted from the taxable income of taxpayers.