According to the notice issued by the Ministry of Finance, from the date of 20 18 1, if the taxable income of employees is less than 8% of the total wages, the education funds need to be deducted when calculating the taxable income. The excess can be deducted during the carry-over in future tax years. The above is the deduction ratio of 8% employee education funds.

How much is the education fee?

Education funds are the educational expenses borne by the central and local governments in the financial budget. Education expenditure includes investment in education funds (that is, personnel at all levels and public funds) and investment in education infrastructure (building school buildings and purchasing large-scale teaching equipment). Education fees are paid in the form of money, which is an indispensable financial condition for running a school. In China, education funds mainly refer to the expenses paid by the state for all educational development activities. This paper mainly writes about the deduction ratio of 8% of employee education funds. When the relevant knowledge points start is for reference only.