Although the unit contribution in the enterprise annuity is included in the personal account, there is no need to pay personal income tax for the time being; The part paid by the individual, which does not exceed the standard of 4% of the taxable base of the salary paid by the individual, is temporarily deducted from the taxable income of the individual in the current period; The rest of the personal income that needs to be incorporated into the current wages and salaries shall be subject to personal income tax according to law.

Legal objectivity:

Article 1 1 Notice on Issues Concerning Individual Income Tax on Enterprise Annuities and Occupational Annuities. When enterprises and institutions (hereinafter referred to as units) pay enterprise annuities or occupational annuities (hereinafter referred to as annuities) for all employees who work or work in their own units in accordance with the methods and standards prescribed by relevant state policies, individuals will not pay personal income tax temporarily when they are included in their personal accounts. 2. The part of the annuity paid by an individual according to the relevant national policies does not exceed the standard of 4% of the taxable base of the salary paid, and is temporarily deducted from the taxable income of the individual in the current period. 3. The part of the annuity unit payment and individual payment that exceeds the standards specified in Item 1 and Item 2 of Article 1 of this Notice shall be included in the current personal salary income, and personal income tax shall be levied according to law. The tax shall be withheld and remitted by the unit that established the annuity and reported to the competent tax authorities for final settlement.