when the part paid by the company is included in the personal account, the personal income tax will not be paid for the time being within the following standards: when the part paid by the company is included in the personal account, the annual contribution of the enterprise does not exceed 1/12 of the total wages of the employees in the previous year, and the personal income tax will not be paid for the time being; The part paid by the individual, which does not exceed the standard of 4% of the taxable base of the salary paid by the individual, is temporarily deducted from the taxable income of the individual in the current period. The part of the annuity personal contribution paid in excess of the prescribed limit standard shall not be deducted from the taxable income of the current period, and personal income tax shall be levied according to law. After work, we need to pay annuity personal income tax in the enterprise, but because we usually pay little attention to related fields, we are not clear about the calculation method of personal income tax. Many people are not clear about some specific requirements. So what is the latest policy of enterprise annuity personal income tax? The following small series will give you a detailed answer.

what's the latest personal income tax policy for enterprise annuities? the circular of the Ministry of finance, the Ministry of human resources and social security and State Taxation Administration of The People's Republic of China on issues related to personal income tax for enterprise annuities and occupational annuities stipulates that a new personal income tax calculation method will be implemented for enterprise annuities and occupational annuities from January 1, 214. At the same time, the Notice of State Taxation Administration of The People's Republic of China on Relevant Issues Concerning the Collection and Management of Individual Income Tax on Enterprise Annuities and the Announcement of State Taxation Administration of The People's Republic of China on Supplementary Provisions on Relevant Issues Concerning Individual Income Tax on Enterprise Annuities shall be abolished. Combined with the Trial Measures for Enterprise Annuities (Order No.2 of the former Ministry of Labor and Social Security) and the Trial Measures for Occupational Annuities of Public Institutions, this paper makes the following analysis on the New Deal. The new regulations mainly stipulate the tax-related issues in the three links (payment, fund operation dividend and collection) of annuity (including enterprise annuity and occupational annuity).

(I) Individual tax treatment of annuity payment 1. When the unit payment is included in the personal account, the personal income tax will not be paid for the time being within the following standards: (1) Enterprise annuity: according to the Trial Measures for Enterprise Annuity, the enterprise payment shall not exceed 1/12 of the total wages of employees in the previous year, and the amount calculated according to the proportion stipulated in the enterprise annuity plan shall be included in the personal account; (2) Occupational annuity: According to the Trial Measures for Occupational Annuities in Public Institutions, the maximum contribution rate of the unit shall not exceed 8% of the base of the unit's contribution salary in the previous year (the sum of post salary and salary scale salary), and the amount calculated according to the proportion stipulated in the occupational annuity plan shall be included in the personal account. The part paid by the unit that exceeds the above standard shall be incorporated into the personal income from wages and salaries in the current period, and the individual income tax shall be withheld and remitted by the issuing unit. 2. The part paid by the individual, which does not exceed the standard of 4% of the taxable base of the salary paid by the individual, is temporarily deducted from the taxable income of the individual in the current period. The part of the annuity personal contribution paid in excess of the prescribed limit standard shall not be deducted from the taxable income of the current period, and personal income tax shall be levied according to law. The tax base of my contribution salary is determined as follows: (1) enterprise annuity: my average monthly salary in the previous year; (2) occupational annuity: post salary+salary scale salary: the tax base of my contribution salary shall not exceed 3% of the average monthly salary of my employees in the city where the employees work.

(II) Individual tax treatment of dividends from the operation of annuity funds When the income distribution from the investment and operation of annuity funds is included in personal accounts, individuals will not pay personal income tax temporarily.

(3) Basic principle of individual tax treatment for annuity: The annuity received monthly after retirement shall be subject to individual income tax in full according to the applicable tax rate of "income from wages and salaries"; Annuities received quarterly or annually shall be included in each month on an average basis, and individual income tax shall be levied on the amount received each month in full according to the applicable tax rate of "income from wages and salaries". According to the time when the annuity is paid, it can be divided into the following two situations: 1. The annuity is paid after January 1, 214: the personal income tax is calculated according to the above basic principles. 2. If the annuity is paid before January 1, 214, and it is collected after January 1, 214, it is allowed to deduct the annuity unit contributions and individual contributions paid before the implementation of the new regulations, and the balance has been taxed according to the basic principles. Basic formula: taxable income = annuity received × (annuity payment amount paid before January 1, 214/total payment amount). In the following two cases, it is allowed to allocate the funds or balance of the annuity personal account received at one time to each month according to 12 months, and personal income tax is levied on the monthly allocation. (1) The funds in the annuity personal account that an individual receives in one lump sum due to leaving the country for settlement, and (2) the balance in the annuity personal account that an individual's designated beneficiary or legal heir receives in one lump sum after his death, except for the above circumstances, are not allowed to be shared. Instead, the individual income tax is levied separately as one month's salary and salary income according to the total amount received in one lump sum. To sum up, the above is the relevant content of the latest policy on enterprise annuity personal income tax. The above also introduces the basic formula for calculating the personal income tax for enterprise annuities. Compared with the old regulations, the most important change in the newly changed policy is that the tax obligation of eligible annuities is postponed from the payment link to the payment link. I hope the above contents are helpful to you.