In recent years, the discussion on individual tax reform has never stopped. 1 1 tax threshold has been raised for six years. The details of individual income tax collection have not really changed, but recently it was reported that the adjustment of individual tax rules has finally made significant progress.
According to the information obtained from the Ministry of Finance, starting from July this year 1, the pilot policy of personal income tax for commercial health insurance will be extended to the whole country. According to Rong 360, 365,438+0 cities, including Beijing and Tianjin, have piloted tax deduction for commercial health insurance, which is being promoted nationwide this time.
What is deductible commercial health insurance?
Not all commercial insurance is tax-free. Purchase commercial health insurance products that meet the requirements according to regulations. Such insurance purchased by individuals or units for employees can be included in the scope of exemption, and the deduction limit is 2400 yuan per year.
"Qualified commercial health insurance products" here refers to qualified health insurance products developed by insurance companies with reference to the guiding framework and model clauses of personal tax preferential health insurance products.
What are the benefits of purchasing deductible commercial health insurance?
Deduct tax
As mentioned in the 360 series above, you can enjoy the deduction limit of 2400 yuan per year, that is to say, if an individual or unit buys deductible commercial health insurance for yourself, you can pay less tax every year.
For example, if other conditions remain unchanged, employees with a monthly income of 1 0,000 in Beijing and the company purchase this kind of insurance, the premium is more than 2,400 yuan. Personal income tax is paid at 323 yuan per month before tax concessions and 302 yuan per month after tax concessions. It is equal to paying less income tax in 20 yuan every month, that is, you can earn more 240 yuan with the money you get in a year.
In addition, because the current individual tax rate is a step-by-step tax rate, if the deduction is only reduced to a lower level, for example, from 20% to 10%, you can pay a large sum of money.
Insurable disease insurance
According to the requirements, this kind of insurance can be insured in spite of illness, but the annual compensation limit is different for healthy people. Moreover, if you are in good health at the time of insurance, even if you are unfortunately suffering from a serious illness later, the insurance company can not only refuse to renew the insurance, but also can not classify the insured as a group suffering from a serious illness and reduce the amount of compensation, so it is still considered a healthy person.
supplementary medical insurance
The items paid under the current social security system include medical insurance. Ordinary people can usually use medical insurance cards or social security cards to see a doctor, which are part of medical insurance reimbursement, and will be directly deducted or reimbursed later. If deductible commercial health insurance is purchased, except for the reimbursement part of medical insurance, part of self-funded medical expenses can be borne by such insurance.
The money paid can bear interest and can be "consumed"
According to the details disclosed before, part of the insurance premium paid is included in the overall medical insurance, and part of it is deposited in the insured's personal account. The money in the account can also calculate interest every year, and each insurance company will give a certain guaranteed interest rate.
Money in personal insurance accounts can be activated when taxes are no longer paid (such as after retirement). You can use the money inside to buy commercial health insurance (tax deductible), or you can take it out of your account as medical reimbursement expenses.