The Extension Of Individual Tax To Commercial Pension Insurance Will Be Launched Next Year.

"P >" yesterday afternoon, the State Council issued a number of opinions on accelerating the development of modern insurance service industry by the State Council, which is called the ten new "country" of the insurance industry.

The insured believes that the new "Ten States" in the most influential is the personal tax deferred pension insurance pilot finally landed.

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< p > < strong > buying commercial < a href= > http://sjfzxm.com/news/index_f.asp > Insurance > /a > will delay tax payment < /strong > /p >

< p > the so-called "tax deferred old-age insurance" is a kind of commercial endowment insurance. It means that the insurance premium paid by the insurer is within a certain proportion, it can be deducted before the personal income tax, and the personal income tax will be paid back when the insurance premium is received in the future. This is different from the practice of paying insurance premium only after the personal income tax is paid, which can reduce the current tax burden of the insured.

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< p > "this is an important measure for the country to deal with the aging society and build a multi-level old-age insurance system."

Professor Dong Dengxin of Wuhan University of Science and Technology pointed out that there are three levels of pension system in China: basic pension insurance (state responsibility), enterprise annuity (employer liability) and commercial insurance (personal liability).

As the second pillar of the pension system in China, the preferential tax policy of personal income tax for enterprise annuity and occupational annuity has been implemented since January 1st this year.

"This is the right time to launch a pilot scheme of personal tax deferred commercial pension insurance, and the extension of tax preferences to commercial endowment insurance is just around the corner."

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< p > "the premium paid by individuals should be insured several decades later. Naturally, this part of taxes and fees should also be paid in the future."

Lu Jing, a Hubei branch of Taikang pension, explains that the tax deferred pension insurance simply means "extending taxes and providing for the aged". It is not a new thing. It started in the early 1980s in the US 401K retirement plan. The developed countries used this preferential tax policy more frequently.

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< p > < strong > < a > href= > http://sjfzxm.com/news/index_f.asp > tax > /a > preferential treatment can mobilize the enthusiasm of individual pension. < /strong > /p >

< p > according to the current tax law of our country, the monthly income of more than 3500 yuan is subject to personal income tax, and the taxable income is not more than 1500 yuan, which must be paid according to the 3% income tax rate.

Therefore, individuals earning 5000 yuan a month should pay 45 yuan personal income tax and 540 yuan a year.

If you buy 500 yuan per month for commercial endowment insurance, you will pay less than 15 yuan per month, and pay less than 180 yuan a year.

If the investment is calculated in 20 years, it will pay less than 3600 yuan in 20 years.

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< p > insurance industry insiders say that the 3600 yuan tax is not exempt from payment, but after the payment of pension insurance, the specific payment method and other rules will be issued.

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< p > since the old age insurance can reduce tax, do we buy more and better? Lujing said that the current "tax extension pension" rules have not been promulgated. According to international practice, the corresponding payment standard will be drawn up according to different incomes, which will not be generalized, otherwise it will cause injustice.

"Of course, in the future, when we pay taxes and fees, we will make a ladder based rate according to the amount of money received.

Basically, it can be filed according to their income, and it is more cost-effective to pay within the tax-free amount.

For example, after I paid 700 yuan of the endowment insurance, I just met the tax-free condition of 3500 yuan, so the 700 yuan is the more appropriate amount.

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< p > Dong Dengxin said that the tax deferred pension insurance policy is to encourage savings pension, to realize diversified pension services outside the basic pension and enterprise pension, to mobilize the enthusiasm of individuals to participate in insurance through tax policies, and also play a positive role in expanding the market share of commercial pension insurance.

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< p > in the view of the insurance personage, the current young people's short-term consumption behavior is strong, and they lack the sense of long-term savings and pension. "Tax extension pension" can allow young people to defer money to the future, for the purpose of providing for the aged.

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