The personal income tax threshold is not the amount after deducting five insurances and one housing fund.

1. Definition of personal income tax threshold The personal income tax threshold refers to the starting point for personal income tax stipulated by the state in order to reduce the tax burden of low-income people.

In other words, when an individual's income exceeds this threshold, he or she needs to pay personal income tax in accordance with the tax law.

2. The relationship between the five social insurances and one fund and personal income tax The five social insurances and one fund, including pension insurance, medical insurance, unemployment insurance, work-related injury insurance, maternity insurance and housing provident fund, are paid by the employer and the employee when workers receive salary income.

Social insurance and housing provident fund fees paid by the individual ***.

These expenses are deducted from wages before personal income tax is calculated.

However, the threshold for personal income tax is not calculated based on the salary after deducting five social insurances and one housing fund.

The threshold is a fixed amount stipulated in the tax law and has nothing to do with the individual's payment of five insurances and one fund.

3. Calculation method of personal income tax The calculation of personal income tax is determined based on the individual's taxable income.

Taxable income refers to the balance of various types of income obtained by an individual minus various deductions stipulated in the tax law.

These deductions include expense deductions, special deductions, etc., but do not include the amount paid for five insurances and one housing fund.

Therefore, when calculating personal income tax, the amount of an individual’s five social insurances and one fund payment does not directly affect the determination of the threshold and the calculation of the tax amount.

4. Correctly understand the relationship between personal income tax and five social insurances and one fund. Personal income tax and five social insurances and one fund are two different concepts, each with different functions and calculation methods.

Personal income tax is a tax adjustment on personal income, while five social insurances and one fund are to protect the social security rights of workers.

Therefore, we cannot simply equate the personal income tax threshold with the payment amount of five social insurances and one housing fund.

To sum up: the personal income tax threshold is not the amount after deducting five insurances and one housing fund.

The threshold for personal income tax is determined based on the fixed amount stipulated in the tax law and has nothing to do with the individual's payment of five insurances and one fund.

When calculating personal income tax, the relationship between personal income tax and five social insurances and one housing fund should be correctly understood and distinguished to ensure that declarations and payments are made in accordance with tax laws.

Legal basis: Article 6 of the "Individual Income Tax Law of the People's Republic of China" stipulates: Calculation of taxable income: (1) The comprehensive income of resident individuals shall be based on the income in each tax year minus expenses of RMB 60,000

The balance after special deductions, special additional deductions and other deductions determined in accordance with the law shall be the taxable income.

(2) For wages and salaries of non-resident individuals, the taxable income shall be the balance after deducting RMB 5,000 in expenses from the monthly income; income from remuneration for services, author’s remuneration, and royalties shall be calculated based on the amount of each income

is taxable income.

(3) For operating income, the taxable income shall be the balance after deducting costs, expenses and losses from the total income in each tax year.

(4) For income from property leasing, if the income does not exceed 4,000 yuan per time, 800 yuan of expenses will be deducted; if the income exceeds 4,000 yuan, 20% of the expenses will be deducted, and the balance shall be the taxable income.

(5) For income from property transfer, the taxable income shall be the balance of the income from the transfer of property minus the original value of the property and reasonable expenses.

(6) For interest, dividends, bonus income and incidental income, the amount of each income shall be the taxable income.

Article 12 of the "Social Insurance Law of the People's Republic of China" stipulates: The employer shall pay basic pension insurance premiums in accordance with the proportion of the total wages of its employees stipulated by the state, and record them into the basic pension insurance pooling fund.

Employees should pay basic pension insurance premiums in accordance with the proportion of their wages stipulated by the state and record them into their personal accounts.

Individual industrial and commercial households without employees, part-time employees who have not participated in basic pension insurance in the employer, and other flexible employment personnel who participate in basic pension insurance shall pay basic pension insurance premiums in accordance with national regulations and record them separately in the basic pension insurance pooling fund

and personal accounts.