The special deduction of expenses is an important part of this tax reform, which reduces the personal tax burden, helps the tax to better reflect the burden of different families and better play the role of regulating income distribution. The establishment of special additional deduction is actually based on "basic expense deduction standard of 5,000 yuan/month+five insurance and one gold tax allowance+other deductions determined according to law", and then the tax allowance is increased for individual residents. In other words, every month's income is deducted from social security, then these special deductions are deducted, and then the rest is taxed.
Special deductions are as follows:
1. Children's education: RMB 1000 per child per month. Tax deduction target: taxpayers whose children receive full-time academic education and preschool education (interpretation: preschool education refers to education from the age of 3 to preschool education, and full-time academic education includes: primary and junior high school education, ordinary high school/secondary vocational/technical education, junior college/undergraduate/master/doctoral students). How much can be deducted: each child 1000 yuan per month, either 50% for each parent or 0/00% for each parent;
2. Continuing education: 400 yuan every month. Tax deduction target: taxpayers who receive continuing education with academic qualifications (degrees); How much can taxpayers who have received the continuing education of professional qualifications of skilled personnel and professional and technical personnel be deducted: the monthly continuing education of academic qualifications in 400 yuan (the deduction period of the same academic qualification/degree shall not exceed 48 months) can be deducted by himself or his parents; Skilled personnel, professional and technical personnel occupation qualification certificate that year, deducted 3600 yuan;
3. Serious illness medical treatment: the annual limit is 80,000 yuan. Tax deduction object: taxpayers whose personal burden (self-paid part within the scope of medical insurance catalogue) exceeds 15000 yuan after deducting medical expenses related to basic medical insurance. How much can be deducted: the annual limit is 80 thousand yuan, which can be deducted by myself or my spouse; The medical expenses of minor children are deducted by one parent;
4. Housing loan interest: 65,438+0,000 yuan per month. Object: How much can the taxpayer who pays the interest on the first home loan deduct each month: 1 000 yuan, and the deduction period shall not exceed 240 months (the year when the loan interest occurs);
5. Rental: 800-500 yuan per month. Tax deduction target: taxpayers who do not own their own houses in the working city and have rental expenses. How much can be deducted: municipalities directly under the central government, provincial capital cities, cities with separate plans and other cities determined by the State Council 1.500 yuan per month; Cities with a registered population of 1 10,000 or more in municipal districts are 1 100 yuan per month; Cities with a registered population of no more than 6.5438+00,000 have a monthly 800 yuan;
6. Supporting the elderly: 2,000 yuan per month. Taxpayer: taxpayers who have one or more dependent parents who are over 60 years old, and grandparents who are over 60 years old and whose children have passed away. How much can be deducted: the only child is 2000 yuan per month; Non-only children and brothers and sisters each share the deduction of 2000 yuan per month, and each person does not exceed 1000 yuan per month.
To sum up, the expenses specially deducted mainly include children's education expenses, continuing education expenses, medical expenses for serious illness, housing loan interest, housing rent and expenses for supporting the elderly.
Legal basis:
Article 15 of the Individual Income Tax Law of People's Republic of China (PRC)
Public security, the People's Bank of China, financial supervision and management and other relevant departments shall assist the tax authorities to confirm the identity of taxpayers and financial account information. Education, health, medical security, civil affairs, human resources and social security, housing and urban construction, public security, the People's Bank of China, financial supervision and management and other relevant departments shall provide the tax authorities with special additional deduction information such as taxpayer's children's education, continuing education, serious illness medical treatment, housing loan interest, housing rent, and support for the elderly.
If an individual transfers real estate, the tax authorities shall verify the personal income tax payable according to the relevant information such as real estate registration. When handling the transfer registration, the registration institution shall check the personal income tax payment vouchers related to the transfer of real estate. Where an individual transfers his equity for registration of change, the market entity registration authority shall examine the personal income tax payment voucher related to the equity transaction.
The relevant departments shall, in accordance with the law, incorporate the compliance of taxpayers and withholding agents into the credit information system and implement joint incentives or punishments.