2. The user provides the company's financial department with the tax priority identification code and the corresponding certification materials, and the accounting personnel apply to the tax unit for tax deduction, and deduct certain taxes and fees when calculating personal income tax.
The above is how to deduct the relevant content of individual tax commercial health insurance.
Introduction of personal tax deduction for commercial health insurance
There is an upper limit on the tax deduction for commercial health insurance, and the pre-tax limit is deducted by 200 RMB per month and 2400 RMB per year. If the insured buys a large amount of personal tax excellent health insurance, he can pay less personal income tax of 40 RMB per month. The insured should pay attention to the fact that when purchasing commercial health insurance, if there is no tax preference identification code on the commercial insurance policy, it is impossible to enjoy the deduction policy. The tax preference identification code is usually printed on the upper right of the insurance policy.
Relationship between commercial health insurance and social medical insurance
Social medical insurance is a guarantee mechanism established by the state to enable China citizens to get compensation and assistance when they are old, sick, laid off and unable to work at work. Social medical insurance is compulsory, as long as all employees in urban enterprises have to buy it, and the insurance costs are borne by individuals, companies and government departments in accordance with the corresponding proportion. Its goal is to ensure the minimum living of workers and maintain social stability. Commercial health insurance is usually based on the contract, when the insured person dies, is disabled, is sick or reaches the collection period and age, the insurance company will pay the claim. The insured may choose to buy or not to buy voluntarily, and the insurance expenses shall be borne by the insured personally. Social medical insurance has the advantages of unlimited purchase groups, wide coverage, low insurance cost and low compensation threshold, but there are also some shortcomings, and the level of social medical insurance protection is low. The standard of social medical insurance payment is to guarantee the minimum living of the insured, which is far from enough for the insured who pursues a high-quality life. In addition, the types and functions of social medical insurance are single, which can not meet the differentiated requirements of different social classes. Commercial health insurance provides policyholders with a lot of choices by designing different interest rates and different products. Generally speaking, social medical insurance focuses on protection, while commercial health insurance focuses on compensation, and the two complement each other. This article mainly writes about how to deduct relevant knowledge points from individual tax commercial health insurance, and the content is for reference only.