Can I buy commercial health insurance for my family before tax?

According to the Notice on Extending the Pilot Policy of Individual Income Tax for Commercial Health Insurance to the Whole Country, the expenses of individuals purchasing commercial health insurance products that meet the requirements are allowed to be deducted before tax when calculating the taxable income of the current year (month), and the deduction limit is 2400 yuan/year (200 yuan/month). The cost of purchasing commercial health insurance products that meet the requirements for employees shall be included in the employees' personal wages and salaries, regarded as individual purchases, and deducted according to the above limits.

The limit deduction of 2400 yuan/year (200 yuan/month) exceeds the expense deduction standard stipulated in the individual income tax law.

Tips: The above contents are for reference only. The latest laws, regulations and relevant provisions shall prevail.

Reply time: 2021-06-11. Please refer to the latest business changes announced by Ping An Bank in official website.

[I know Ping An Bank] Want to know more? Come and watch I Know Ping An Bank ~

/paim/iknow/index.html