How much can I deduct?
The notice pointed out that the expenses of individuals purchasing commercial health insurance products that meet the requirements are allowed to be deducted before tax when calculating taxable income in the current year (month), and the deduction limit is 2,400 yuan/year, that is, 200 yuan/month.
At the same time, the notice pointed out that the unit uniformly organizes employees to buy commercial health insurance products that meet the requirements or are shared by the unit and the individual. The part borne by the unit should be included in the detailed list of personal wages and salaries in real name, regarded as personal purchases, and deducted monthly within the standard of not exceeding 200 yuan/month from the month after the purchase of the products. The part of the premium exceeding 2400 yuan within one year shall not be deducted before tax. The above provisions shall apply to the renewal of insurance in future years.
In other words, if the insurance you buy amortizes more than 200 yuan every month, it is actually equivalent to raising your tax threshold by 200 yuan.
Which insurance products use this policy?
Commercial health insurance products that meet the requirements refer to health insurance products that are developed by insurance companies with reference to the guiding framework and model clauses of personal tax preferential health insurance products and meet the following conditions:
1. Health insurance products adopt the universal insurance method with guarantee function and minimum guaranteed income account, which includes two responsibilities: medical insurance and personal account accumulation. The personal account of the insured is managed and maintained by the insurance company insured by him;
2. The insured is a taxpayer under the statutory retirement age of 16 years old. An insurance company shall not refuse insurance coverage because of the insured's past medical history, and guarantee renewal of insurance coverage;
3. The coverage of medical insurance includes the out-of-pocket expenses paid by the basic medical insurance fund where the insured person's medical insurance is located and some expenses beyond the scope of payment by the basic medical insurance fund. The scope, proportion and amount of expense reimbursement shall be determined by each insurance company according to the specific product characteristics;
4. For the same health insurance product, different insurance amounts can be set according to the different conditions of the insured, and the specific lower limit of the insurance amount shall be stipulated by the China Insurance Regulatory Commission;
5, health insurance products adhere to the principle of "guaranteed profit", medical insurance pure payout ratio is lower than the prescribed proportion, the insurance company will return the difference between the actual payout ratio and the prescribed proportion to the insured's personal account.
Announcement No.93 of People's Republic of China (PRC) State Taxation Administration of The People's Republic of China No.2015
In order to implement the Notice of State Taxation Administration of The People's Republic of China China Insurance Supervision and Management Committee of the Ministry of Finance on Launching Individual Income Tax Policies for Commercial Health Insurance Pilot (Caishui [20 15] 126), the issue of collection and management of individual income tax policies for commercial health insurance pilot is hereby announced as follows:
First, the expenses of individuals purchasing commercial health insurance products that meet the requirements in the pilot areas can be deducted before individual income tax according to the standards stipulated in the document of Caishui [20 15] 126. The expenses of individuals purchasing other commercial health insurance products in the pilot areas shall not be deducted before tax.
Second, individuals with withholding agents purchase commercial health insurance products on their own, which are organized by the unit for employees, or shared by the unit and individuals. Withholding agents should fill in the "Other" column of the pre-tax deduction items when filling in the individual income tax withholding report or the annual personal income tax return of a specific industry, and fill in the "Detailed List of Pre-tax Deduction of Commercial Health Insurance" (see Annex
Among them, individuals who purchase commercial health insurance products that meet the requirements themselves shall provide the withholding agent with the policy certificate in time.
3. When the owners of individual industrial and commercial households, contractors of enterprises and institutions, sole proprietorship enterprises and investors of partnership enterprises purchase the expenses of commercial health insurance products that meet the requirements by themselves, and fill in the Tax Return for Income from Production and Operation of Individual Income Tax (Table A) and the Tax Return for Income from Production and Operation of Individual Income Tax (Table B) in advance in the annual report, the amount of expenses deducted before tax should be filled in the column of "Investor Deduction", and at the same time, the Pre-tax Deduction Schedule for Commercial Health Insurance should be filled in.
Four, when an insurance company sells commercial health insurance products, it shall indicate the tax priority identification code on the policy that meets the preferential tax conditions.
If an individual purchases commercial health insurance without obtaining the tax preference identification code, the expenditure amount shall not be deducted before tax.
Verb (abbreviation of verb) Individuals in non-pilot areas who purchase commercial health insurance products are not applicable to the relevant personal income tax policies of Caishui [2065 438+05] 126.
Six, the tax preferential identification code mentioned in this announcement refers to the digital identification code issued by the commercial health insurance information platform to the insurance company and printed on the policy in accordance with the principle of "one person, one code" to ensure the uniqueness, authenticity and validity of the tax preferential commercial health insurance policy.
VII. This announcement shall come into force on 1 October1day, 2006.
It is hereby announced.
Source:
If you have any other insurance questions, please come: protect more fish and say insurance! ,