Music Alone Is Not As Good As Music: Today Commercial Health Insurance Can Deduct Individual Tax.

Recently, the Ministry of finance has sent a message that commercial health insurance can deduct the tax from July 1st.

Xiaobian has just been thinking about buying serious illness insurance and medical insurance. I can not help but feel that commercial health insurance can deduct individual tax. Does that mean that when we buy commercial insurance, wages will increase?

In line with the quality of Gao Jie, which is not as good as music, Xiaobian today explains in detail the issue of commercial insurance deducting the individual tax.

What kind of business insurance can deduct the tax? What is the way of deduction? How much will the wages come to? How can this benefit be enjoyed?

What business insurance can deduct individual tax? A notice issued by the Ministry of Finance in April: since July 1, 2017, the pilot scheme of personal health tax on commercial health insurance has been extended nationwide.

First of all, business health insurance. What is business health insurance?

Commercial health insurance mainly guarantees direct or indirect losses when the insured is injured by a disease or accident.

It covers sickness insurance, medical insurance, long term care insurance and so on.

Two days ago, there was a beautiful woman in Xiao Bian's small circle, who was curious that commercial health insurance could be deducted.

Is it a net red health insurance that has just bought thousands of foreign companies?

Of course, the honest little editor did not take into account the value of his face, and effectively laid down four characters: of course not! Let's take a look at the notice issued by the Ministry of finance.

"Expenses for individual purchase of commercial health insurance products that meet the prescribed requirements are allowed to be deducted before the year (month) when the taxable income is calculated.

The deduction limit is 2400 yuan / year (200 yuan / month).

In fact, in 2015, the CIRC issued a framework for personal tax preference health insurance products. The corresponding insurance products should be designed according to the framework and model regulations, and the insurance companies that have obtained the qualification of product development and sales are also in the minority.

What insurance companies qualify? According to Xiaobian's understanding, plus the first round of approved PICC, Taikang, sun three insurance companies, the current personal tax good health insurance business qualification of about 26 family insurance companies, and nearly 30 of these tax health insurance products have been approved by the CIRC.

Let's take a look at those who can buy commercial health insurance and enjoy tax concessions. According to the Ministry of finance, individuals who earn income from wages and salaries and continuous remuneration for labor services, as well as individual business owners, individual proprietorship investors, partnership partners and contract leased operators who have obtained the income from the production and operation of individual industrial and commercial households, and contract and lease the business units to enterprises and institutions.

According to Xiaobian's idea, if you pay a monthly tax, and often feel low wages and sub health, you can consider buying insurance.

When buying, you can ask whether the product can deduct the individual tax.

How much can the monthly salary increase after deducting the tax? What is the monthly salary increase after the purchase of such insurance? How much can the monthly salary increase? Xiaobian, with a simple chestnut, take Xiaobing, whose salary is 10000 yuan a month, for example.

Every month, Xiao Wang needs five personal insurance payments: pension insurance 8%, medical insurance 2%+3 yuan, unemployment insurance personal payment 0.2%, housing provident fund 12%, total sum of 2223 yuan.

According to the current tax rules, personal income tax = (after deducting five risks one gold monthly income 3500 yuan) * corresponding tax rate - quick deduction.

In this month, there is a need to pay a personal tax of 322.7 yuan.

If you purchase the corresponding personal tax good health insurance, you will deduct the tax rules according to the monthly tax payment. The tax rules will be: personal income tax = (after deducting five risks and one gold monthly income - 3500 yuan -200 yuan) * corresponding tax rate - quick deduction.

As a result, the personal tax payable is reduced to 302.7 yuan.

One year, the equivalent of wages increased by 240 yuan.

A friend of an insurance company drew a form for Xiaobian, according to different income standards, the difference between the amount of deduction is quite different.

For example, after deducting five risks and one gold, the monthly income is 3500 yuan to 5000 yuan, the annual exemption amount is 72 yuan, the 5000 yuan to 8000 yuan is 240 yuan, and the higher the salary is, the more deductible the enjoyment is.

What is the health insurance that can deduct individual tax? In addition to deducting the individual tax, personal tax health insurance is born with policy benefits, and more wants to be added to the medical insurance as compared with the general commercial health insurance.

For example, in the framework of the personal tax preference health insurance product guidelines, the CIRC emphasizes that products can guarantee renewal to statutory retirement age. During the renewal period, the insurance company shall not refuse the insured's renewal due to the health condition of the insured.

It can not be denied, which is obviously not in commercial health insurance.

At the same time, individual tax preferential health insurance products adopt universal insurance, including medical insurance and personal accounts to accumulate two responsibilities.

An actuarial officer of an insurance company tells Xiaobian that the former can provide medical insurance protection, and personal account funds are to ensure the life after retirement.

A copy of a small editor

The product description of excellent health insurance shows that there are four medical insurance responsibilities. Among them, the highest amount of compensation for hospitalization expenses is 250 thousand yuan per year, and the highest level of compensation is 20 thousand yuan, 3000 yuan, and 100 thousand yuan per year for emergency medical expenses, medical expenses for chronic diseases and tumor targeted chemotherapy drugs.

An insurance industry researcher said that there are many similarities between personal tax health insurance and general commercial health insurance in addition to two accounts.

"Generally, the unit is insured, but the profit per person with health insurance is lower than that of commercial health insurance. Therefore, enterprises are also unable to promote when they are promoted.

And the finance of the unit itself may also be estimated to be cumbersome and unwilling to take the initiative to advance, "the researchers said," personal tax health insurance "has been rather unpopular.

The former actuary friend also told Xiaobian that it is still troublesome to popularize the insurance companies at present, because the data of the personal tax system and insurance companies have not been opened yet.

Do more, even if you buy Personal units to provide information, need to go some procedures.

However, in a network sales insurance platform, Xiaobian also found an insurance company's personal tax health insurance products.

The insurance researchers told Xiaobian that there are precedents for health insurance and tax rebates in other countries.

For the time being, personal tax health insurance qualification is required, not all insurance companies are eligible.

In the future, health insurance of large categories will be included in the tax deduction standard. This will not only improve the health insurance system, but also reduce the burden of individual tax.

For more information, please pay attention to the world clothing shoes and hats and Internet cafes.