The provident fund deduction method is to deduct the money from the provident fund account and then deduct the money from the bound repayment bank card; the other is to directly deduct the money from the repayment card without leaving the money in the provident fund account.

Compensatory deduction of provident fund means that it has already been deducted.

But since it is a compensatory deduction, it means that the part due for the current month is not withheld, but the part that should have been withheld before but was not withheld.

If the enterprise discovers that the expenditures that actually occurred in previous years and should be deducted before corporate income tax according to tax regulations have not been deducted or are underdeducted, after the enterprise makes a special declaration and explanation, it will be allowed to make additional deductions until the year when the item occurs, but the additional confirmation period is

Must not exceed 5 years.

The corporate income tax overpaid by an enterprise due to the above reasons can be deducted from the corporate income tax payable in the year of retroactive confirmation. If the amount is insufficient to offset, it can be deferred to subsequent years or apply for a tax refund.

Therefore, this part of the provident fund paid by your unit can be retroactively calculated and deducted in the year when the item occurs after making a special declaration and explanation, but the retroactive confirmation period shall not exceed 5 years.

Legal basis: Article 3 of the "Housing Provident Fund Management Regulations" The housing provident fund paid by individual employees and the housing provident fund paid by the employee's unit for employees belong to the individual employee.

Article 4 The management of the housing provident fund shall be based on the principles of decision-making by the housing provident fund management committee, operation of the housing provident fund management center, storage in special bank accounts, and financial supervision.

Article 5 The housing provident fund shall be used for the purchase, construction, renovation and overhaul of self-occupied housing by employees, and no unit or individual may misappropriate it for other purposes.

Article 6 The deposit and loan interest rates for housing provident funds shall be proposed by the People's Bank of China and shall be submitted to the State Council for approval after soliciting the opinions of the construction administrative department of the State Council.