the minimum deposit ratio of units and employees is not less than 5%, and in principle it is not higher than 12%. The total deposit ratio is 1% to 24%, and the specific standards are determined by local governments according to actual conditions.

that is to say, there is only a minimum limit on the proportion of housing provident fund payment, and there is no ceiling on it. The part that the unit pays for the individual or the proportion paid by the individual exceeds 12% will be included in the income of the individual's wages and salaries, and personal income tax will be paid according to the regulations.

1. What is the minimum base of the provident fund?

1. The monthly deposit amount of housing provident fund = the average monthly salary of employees in the previous year multiplied by the deposit ratio of employee housing provident fund is calculated to yuan, and the average monthly salary of employees in the previous year multiplied by the deposit ratio of unit housing provident fund is calculated to yuan, and the following is rounded to yuan;

2. There are upper and lower limits for the monthly contribution of the annual housing provident fund. If the monthly deposit calculated by the above formula is within the prescribed upper and lower limits, it shall be determined according to the facts; if it exceeds the upper limit or fails to reach the lower limit, it can only be calculated according to the upper or lower limit.

2. The minimum contribution ratio of provident fund is as follows:

The minimum contribution ratio of units and employees is not less than 5%, and in principle it is not more than 12%. The total contribution ratio is 1% to 24%, and the specific standards are determined by local governments according to actual conditions. That is to say, there is only a minimum limit on the proportion of housing provident fund payment, and it is not capped.

However, according to the relevant laws and regulations of the Ministry of Finance and State Taxation Administration of The People's Republic of China, the housing provident fund actually paid by units and individuals within the range of not exceeding 12% of the average monthly salary of employees in the previous year is allowed to be deducted from the taxable income of individuals. The housing accumulation fund paid by units and individuals in excess of the above-mentioned prescribed proportion shall be incorporated into the individual's current salary and salary income, and personal income tax shall be levied.

that is to say, the part paid by the unit for the individual or the proportion paid by the individual exceeds 12% will be included in the income from the individual's wages and salaries, and the individual income tax will be paid according to the regulations. For example, at present, the contribution of ordinary provident fund in Shanghai is 7% of the total wages paid by employees and enterprises, and if there is supplementary provident fund, the proportion is 8% of the total wages. Add the two terms.

third, what is the provident fund?

The monetization form of housing distribution generally refers to housing accumulation fund

Housing accumulation fund refers to the long-term housing savings paid by state organs and institutions, state-owned enterprises, urban collective enterprises, foreign-invested enterprises, urban private enterprises and other urban enterprises and institutions, private non-enterprise units, social organizations and their employees.

from July 1, 217, all housing provident fund management centers in China will handle the transfer and connection of housing provident fund in different places through the platform according to the requirements issued by the Ministry of Housing and Urban-Rural Development. On July 1, 221, the Ministry of Housing and Urban-Rural Development of the People's Republic of China confirmed the national housing provident fund service logo and decided to start it from now on.

in p>221, all businesses of the national housing provident fund operated smoothly, with the housing provident fund deposit of 2,915.687 billion yuan and 66,112,1 people withdrawing 2,31.613 billion yuan.

to sum up, the maximum amount of one-way deposit is 15%. If less than 12% can be exempted from tax, then more than 3% will need to pay personal income tax.

Legal basis:

Article 26 of the Regulations on Housing Provident Fund Management

Employees who have paid housing provident fund can apply for housing provident fund loans from the housing provident fund management center when purchasing, building, renovating or overhauling their own houses.

the housing provident fund management center shall, within 15 days from the date of accepting the application, make a decision on granting or not granting the loan, and notify the applicant; If the loan is granted, the entrusted bank shall go through the loan formalities.

the risk of housing provident fund loans shall be borne by the housing provident fund management center.