Minister Of Civil Affairs: The Amount Of Donated Pension Institutions Is Exempt From Personal Tax.

On November 28th, Li Liguo, Minister of civil affairs, said in a media interview on how to speed up the establishment and improvement of social pension service system. Individual income tax Full deduction is granted before.

Li Liguo introduced that there are 167 million elderly people in China. Among them, 18 million 990 thousand of the senior citizens over 80 years old, 10 million 360 thousand of disabled elderly, and 21 million 230 thousand of half disabled elderly people. The present society in China Pension There are still many deficiencies in the service system.

Li Liguo said that the state has formulated a series of preferential support in land, taxation, water consumption and electricity consumption. policy We encourage social forces to set up pension institutions, but some areas and departments have not yet implemented them. The Ministry of civil affairs will further promote the implementation of the existing preferential support policies, in which individuals are allowed to deduct their full amount before paying personal income tax through donations from non-profit social organizations and government departments to welfare and non-profit pension institutions. Enterprises, institutions, social organizations and other social forces donate to the public welfare undertakings and other public welfare undertakings. The enterprises will deduct part of the total annual profit by 12% before the income tax.

Li Liguo said that during the "12th Five-Year" period, every thousand old people had all kinds of pension beds to reach 30, the rural five guarantees were more than 40%, and the rural disabled and half disabled elderly people could be taken care of. The conditional rural communities should carry out home care services. The civil affairs department will also strengthen the formulation of the plan for the construction of the pension service system, and explore the long-term care system, the long-term care insurance mechanism, and the establishment of a modern industrial system for the elderly.