In 2020, the deferred payment policies of basic endowment insurance premium, unemployment insurance premium, work injury insurance premium and basic medical insurance premium (including maternity insurance premium) for enterprise employees in Guangdong province will be implemented until December 31, 2020. In order to safeguard the legitimate rights and interests of employees and avoid the employer's late payment fees due to overdue payment, relevant enterprises shall handle related matters via Guangdong Electronic Taxation Bureau before December 31, 2020 in accordance with the following tips:  
 
      1. If the social insurance premium in 2020 has not been declared due to the epidemic situation, it is necessary to complete the supplementary declaration and payment.
      2. Those who have declared but have not yet paid the social insurance premium in 2020 due to the impact of the epidemic situation shall complete the payment.
      3. For those who fail to pay the social insurance premium in 2020, the tax authorities will, from January 1, 2021, collect a late fee of 0.05% per day.
      4. The Electronic Taxation Bureau of Guangdong Province will close the functions of adding, reducing and reporting social insurance premiums from January 1, 2021. The relevant operating process of the employer handling social insurance premium shall be carried out according to the Provisions of Guidelines for Handling Social Insurance Premiums in Guangdong Province.

Relevant Policies
 Yue Ren she Fa [2020] No.122
Yue Yi Bao Fa [2020] No.33




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