Job Discussion Forums

ecubyrd94 · Joined: 25 Aug 2011 Posts: 77

http://shanghaiist.com/2012/06/26/will_chinas_new_social_insurance_re.php

My school sent a memo out a couple of weeks ago telling us that Shanghai is discussing this again. They don't have any other details right now, but warned us that it might affect us starting next semester.

Anyone else hear anything or have any updates?

hdwhatley · Joined: 09 Jun 2010 Posts: 25 Location: Hangzhou, China

I got hit with it in Tianjin last month. Initially, they wanted to make it retroactive to October 2011. The school managed to get it changed to June 2012. It's a lot of money. They claim I can get it back when I leave China. We'll see about that.

kungfuman · Posted: Wed Jul 18, 2012 4:09 pm Post subject:

Did anyone get stamped official government type receipts for any deductions?

johntpartee · Joined: 02 Mar 2010 Posts: 3258

Miles Smiles · Joined: 07 Jun 2010 Posts: 1294 Location: Heebee Jeebee

kungfuman · Posted: Thu Jul 19, 2012 5:43 am Post subject:

Cash is always best of course.

BUT if there is a new laowai tax then we should be entitled to OFFICIAL receipts, not just some spreadsheet handed us by an employer that may or may not actually give our taxes to the Chinese Government.

Miles Smiles · Joined: 07 Jun 2010 Posts: 1294 Location: Heebee Jeebee

Cash is great as long as you don't have to deal with the banks. I've told my story many times about how I can't change rmb to dollars or transfer money to a U.S. bank account without tax statements. Where I work, the FEC and my contract aren't recognized as proof that I got my money legally, which is what the banks tell me is what they need to know.

I don't intend to start another discussion about banking in China. I am very happy that so many people don't need tax receipts or special documentation in order to conduct their banking transactions. In my little outpost of non-progress, banks want any document that is not available to me.

MisterButtkins · Joined: 03 Oct 2009 Posts: 1221

Never heard anything about this. For the most part, it seems to have gone away. Let's just let it stay dead.

Beyond1984 · Joined: 13 Dec 2007 Posts: 462

"Never heard anything about this. For the most part, it seems to have gone away. Let's just let it stay dead." -MisterButtkins

I've heard that the social secuity tax is a done deal ... it's not a matter of "if" but "when."

Gird up your loins for an 11% reduction in your take-home pay. Twisted Evil

-HDT

Babala · Joined: 28 Jan 2005 Posts: 1303 Location: Henan

There are quite a few of the expats who work at companies here being sent back home because of this.

Songbird · Posted: Sat Jul 21, 2012 1:40 pm Post subject:

I'm in Shenzhen and I've had money taken out specially for this (as 'pension' on my pay slip) for the last 2 months. My pay and deductions are clearly laid out on an official company payslip.

MisterButtkins · Joined: 03 Oct 2009 Posts: 1221

7969 · Joined: 26 Mar 2003 Posts: 5782 Location: Coastal Guangdong

This discussion has been going on for about a year now. So far only a handful of people on this forum have said they're paying this benefits tax. That should be enough to tell one that a. schools are not interested in paying it either, and/or b. the government doesn't really care about it enough to enforce it, and/or c. it was all a big rumour and some people are being shafted by having strange deductions taken from their pay. Take your pick.

johntpartee · Joined: 02 Mar 2010 Posts: 3258

kungfuman · Posted: Sun Jul 22, 2012 4:33 pm Post subject:

I asked my fao about this. His response - ( he did a great Sgt Schultz - "I KNOW NOTHING..."). He really said they have no clue about it except they have heard rumor about it.