What are the six special deductions and what do the six special additional deductions mean

From January 1, 2019, the new individual income tax law will be officially implemented, and taxpayers will also enjoy greater tax reductions brought by six special additional deduction policies on the basis of the "tax threshold" of 5,000 yuan per month. The special additional deduction mainly covers six parts: children's education, continuing education, first home loan, support for the elderly, housing rent, and serious illness medical treatment.

The new individual income tax has been officially implemented, the tax bureau has been ** SMS notice, the specific operation of the special additional deduction of individual income tax is still a matter of concern to everyone, in recent days, most of the taxpayers have ** individual income tax APP, but many people do not know how to fill in, once written wrong will not be deductible.

"Measures" clarified the principle of special additional deduction and the deduction scope of the six special additional deductions, deduction standards, deduction methods, and safeguard measures, etc., the document has a total of 9 chapters and 32 articles, in order to allow the people to effectively enjoy the dividends of reform, we design the specific system, take into account all aspects of the situation, and strive to reflect the principle of fairness and reasonableness, conducive to people's livelihood, simple and easy to implement, in order to enhance the people's sense of gain.

In terms of children's education, the expenses of taxpayers' children from the age of 3 to the entire full-time academic education stage shall be deducted according to the standard of 1,000 yuan per child per month. In terms of continuing education, taxpayers who receive continuing education for academic qualifications and degrees shall be deducted at the standard of 400 yuan per month, and those who receive continuing education for professional qualifications of skilled personnel and professional and technical personnel shall be deducted according to the standard of 3,600 yuan in the year of obtaining the certificate. In terms of serious illness medical treatment, the part of the medical expenses paid by taxpayers or their spouses and minor children within the scope of the medical insurance catalogue exceeding 10,000 yuan shall be deducted within the limit of 80,000 yuan per year.

In terms of housing loan interest, the interest expense of the first housing loan incurred by the taxpayer or his spouse shall be deducted at the standard of 1,000 yuan per month.

In terms of housing rent, according to the different cities, the monthly deduction is 800 yuan, 1,100 yuan, and 1,500 yuan respectively.

In terms of supporting the elderly, the only child is deducted at the standard of 2,000 yuan per month, and the non-only child and his siblings are deducted according to the standard of 2,000 yuan per month, but the amount of contribution for each person cannot exceed 1,000 yuan.

Legal analysis: There are six special deductions for individual income tax: 1. Children's education. 2. Support the elderly. 3. Housing loan interest. 4. Housing rent. 5.Serious illness medical treatment. 6.Continuing education.

Legal basis: Law of the People's Republic of China on the Administration of Tax Collection

Article 1 This Law is enacted for the purpose of strengthening the administration of tax collection, standardizing the collection and payment of taxes, safeguarding state tax revenues, protecting the legitimate rights and interests of taxpayers, and promoting economic and social development.

Article 2 This Law shall apply to the collection and administration of all kinds of taxes levied by the taxation authorities in accordance with the law.

Article 3 The levy and suspension of taxation, as well as tax reduction, exemption, tax refund and tax compensation, shall be carried out in accordance with the provisions of the law; Where the law authorizes the provisions, it shall be implemented in accordance with the provisions of the administrative regulations formulated by the National Split Clan.

No organ, unit, or individual may violate the provisions of laws and administrative regulations by arbitrarily making decisions on the introduction or suspension of tax collection, tax reduction, tax exemption, tax refund, tax compensation, or other decisions that contradict tax laws and administrative regulations.

Article 4 Units and individuals that are required by laws and administrative regulations to be liable for tax preparation are taxpayers.

Units and individuals that are required by laws and administrative regulations to withhold and remit, collect and remit taxes are withholding agents. Taxpayers and withholding agents must pay, withhold, collect and remit taxes in accordance with the provisions of laws and administrative regulations.

The special additional deduction of individual income tax (full name: special additional deduction of individual income tax) refers to the six special additional deductions stipulated in the individual income tax law, including children's education, continuing education, serious illness medical treatment, housing loan interest, housing rent and support for the elderly. It is one of the supporting measures to implement the newly revised individual income tax law.

Article 2 of the Interim Measures for Special Additional Deductions for Individual Income Tax The term "special additional deductions for individual income tax" mentioned in these Measures refers to the six special additional deductions for children's education, continuing education, serious illness medical treatment, housing loan interest or housing rent, and support for the elderly as stipulated in the Individual Income Tax Law.

Please note that the state provides special deduction support for taxpayers' education, housing, medical care, and pension at the level of people's livelihood. Nominally, there are six special additional deductions, but in fact there are five. Among them, there is only one of the two types of housing loan interest or housing rent, which cannot be deducted repeatedly.

Rent deduction is not deducted, and loan deduction is not deducted.

The six special additional deductions are: children's education, continuing education, serious illness medical treatment, housing loan interest or housing rent, and supporting the elderly. According to the relevant laws and regulations, the special additional deduction of individual income tax follows the principles of fairness and reasonableness, benefit to people's livelihood, and simplicity.

Article 2 of the Interim Measures for Special Additional Deductions for Individual Income Tax refers to the six special additional deductions for individual income tax specified in the Individual Income Tax Law, including children's education, continuing education, serious illness medical treatment, housing loan interest or housing rent, and support for the elderly. Article 3 of the Interim Measures for Special Additional Deduction of Individual Income Tax follows the principles of fairness and reasonableness, benefit to people's livelihood, and simplicity and ease of implementation. Article 4 of the Interim Measures for Special Additional Deduction of Individual Income Tax shall adjust the scope and standard of special additional deduction in a timely manner according to the changes in livelihood expenses such as education, medical care, housing and pension.

The personal tax issue of citizens is the core concern of citizens, and in 2019, new tax policies are constantly being updated. Based on the principle of fairness and reasonableness, China has introduced six special deductions. So, what are the six special deductions?

1. Six special deduction items

1. Children's education;

2. Support the elderly.

3. Continuing education;

4. Serious illness medical treatment;

5. Rental rent;

6. Interest on housing loans;

2. How to deduct and how much special additional deductions

1. Children's education:

a. 1,000 yuan per child per month;

b. Taxpayers whose children receive full-time academic education (primary school, junior high school, high school, secondary vocational, junior college, bachelor's degree, master's degree, doctoral and other education are counted) and preschool education (education from the age of three to the primary school before enrollment - kindergarten, etc.) can be deducted;

c. You can choose to deduct 50% from the parent division or 100% from Party B;

2. Supporting the elderly:

a. The standard of 2,000 yuan per month;

b. Taxpayers who support one or more parents who have reached the age of 60, or grandparents whose children have passed away, can be deducted;

c. 2,000 yuan per month can be shared equally according to the negotiation of Wang Draft's children or according to the agreement of the supporter;

3. Continuing Education Part:

a. The standard of 400 yuan per month;

b. In China, taxpayers who introduce academic qualifications (degrees) for continuing education can be deducted, and taxpayers who receive continuing education for professional qualifications of skilled personnel and professional and technical personnel can be deducted;

c. 400 yuan will be deducted per month for academic education, and 3,600 yuan can be deducted for skilled personnel and professional and technical personnel in the year when they obtain relevant certificates;

4. Serious illness medical part:

a. Up to 80,000 yuan per year;

b. In a tax year, the medical expenses related to the basic medical insurance can be deducted if the part of the personal burden exceeds 15,000 yuan after deducting the medical insurance reimbursement;

c. The medical expenses incurred by the taxpayer can be deducted by himself or his spouse, and the medical expenses incurred by the minor children can be deducted by their parents Party B;

5. Rental rent:

a. The standard of 800-1500 yuan per month;

b. If the taxpayer's spouse has a buried self-owned house in the taxpayer's main working city, it is deemed that the taxpayer has his own house in the main working city, and this cannot enjoy the deduction of housing rent, but if it is a rented house, it can enjoy the deduction;

c. The housing rent shall be deducted by the party who signs the lease contract;

6. Housing loan interest part:

a. The monthly deduction standard is 1,000 yuan;

b. The interest expense of the first housing loan incurred by the taxpayer or his/her spouse in purchasing a house in China for himself or his spouse by using a commercial bank or provident fund alone or jointly can be used to deduct it;

c. The deduction period shall not exceed 240 months;

d. You can choose to be deducted by one of the husband and wife;

The timely payment of personal income tax is the obligation that every citizen should fulfill, and only by paying taxes in accordance with the law can they enjoy the corresponding rights and benefits, and the country can have long-term peace and stability.

The special deductions stipulated in Article 6 of the Draft Individual Income Tax Law of the People's Republic of China include social insurance premiums such as basic endowment insurance, basic medical insurance, unemployment insurance, and housing provident fund paid by residents in accordance with the scope and standards stipulated by the state; Special additional deductions, including expenses such as children's education, continuing education, serious illness medical treatment, housing loan interest or housing rent, and support for the elderly, shall be determined by *** and reported to the Standing Committee of the National People's Congress for the record.