On February 9, the State Administration of Taxation issued an announcement that from March 1, 2022 to June 30, 2022, resident individuals who meet the relevant regulations need to handle the settlement and payment of comprehensive income of individual income tax in 2021.
According to the announcement, after the end of the 2021 fiscal year, resident individuals need to summarize the income from the four items of wages and salaries, labor remuneration, author remuneration, royalties, etc. obtained from January 1, 2021 to December 31, 2021, after deducting 60,000 yuan of expenses, as well as special deductions, special additional deductions, other deductions determined according to law, and eligible public welfare charitable donations, apply the comprehensive income tax rate and subtract the quick calculation deduction, calculate the final tax payable in the annual tax, and then subtract the amount of tax paid in advance in the tax year. If the amount of tax that should be refunded or reimbursed is obtained, it shall be declared to the tax authority and the tax refund or tax shall be processed.
The annual remittance processing period is from March 1 to June 30, 2022. Taxpayers who are not domiciled in China leave China before March 1 can apply for annual accounting before leaving China.
01 Under what circumstances do I need to apply for annual accounting?
In short, the annual accounting is to "check the omissions and fill in the gaps, summarize the income and expenditure, calculate the accounts on an annual basis, and refund more and make up for the less" on the basis of the tax that has been paid in advance in peacetime.
According to the announcement, taxpayers are required to apply for annual accounts in any of the following circumstances.
(1) Where the amount of tax already prepaid is greater than the amount of tax payable in the annual foreign exchange and the application for a tax refund is applied for;
(2) The comprehensive income obtained during the tax year exceeds 120,000 yuan and the amount of tax that needs to be supplemented exceeds 400 yuan.
Where the application of income items is wrong or the withholding agent fails to perform the withholding obligation in accordance with law, resulting in under-declaration or failure to declare comprehensive income within the tax year, the taxpayer shall handle the annual accounting in accordance with law.
The specific calculation formula is as follows:
The amount of tax that should be refunded or paid back = [(comprehensive income amount - 60,000 yuan - special deductions such as "three insurances and one gold" - special additional deductions such as children's education - other deductions determined according to law - eligible public welfare charitable donations) × applicable tax rate - quick deduction] - tax amount prepaid
In short, on the basis of the tax that has been prepaid in peacetime, "check the omissions and fill in the gaps, summarize the revenue and expenditure, calculate the accounts according to the year, refund more and make up for less", which is the inherent requirement for the mainland to establish a comprehensive and classified personal income tax system after 2019, and it is also an international common practice.
02 How to handle the annual accounting?
There are three ways to handle annual accounts: do it yourself, do it by your unit, and ask someone to do it. You can choose the way to handle it according to your own needs. It should be noted that taxpayers who choose to have the unit handle the annual accounting on their behalf need to confirm with the unit during the annual settlement period (before April 30).
The mobile personal tax APP has become the main channel for taxpayers to handle annual remittances, and many people have become familiar with the first two annual accounts. This year, the mobile tax APP optimized the pre-filling service for the declaration form items, optimized the way of filling in social security premiums, and optimized and increased the prompt reminder, which is more convenient to use.
According to the "International Comparative Study of China's Annual Individual Income Tax", the per capita tax rebate in 2019 and 2020 reached 581.61 yuan.
Again:
If between March 1 and March 15
Handle annual remittances
Available from 16 February to 15 March
Daily from 6:00 am to 22:00 pm
Log in to the mobile personal income tax APP to make an appointment
03 Failure to declare the tax reimbursement on time will be subject to a late fee?
In 2021, the third time after the reform of the individual income tax system combining comprehensive and classification, the vast majority of taxpayers can handle it truthfully according to law, and a considerable number of taxpayers have enjoyed the dividends of individual tax reform by applying for tax rebates through annual remittance, and there are also many taxpayers who have supplemented the income that the tax department has not mastered and handled the annual tax declaration and payment. At the same time, the tax department also found that there were a small number of taxpayers, who still did not declare truthfully after repeated reminders from the tax authorities.
The relevant person in charge of the State Administration of Taxation said that for taxpayers who need to make up taxes for annual accounts, if they fail to declare and pay back taxes after the end of the annual settlement period, the tax department will charge late fees in accordance with the law and mark them in their "Individual Income Tax Payment Records". For tax-related amounts that are relatively large, the tax department will carry out reminders, supervise and rectify those that have not been corrected or not corrected after the reminder, conduct interviews and warnings for those who are still not corrected or are not in place, file cases and audits in accordance with the law that still do not cooperate with rectification after the interview and warning, and publicly expose those cases that have serious circumstances and bad impact on the selection of cases filed.
Source: Synthesized from the website of the State Administration of Taxation, China News Network, CCTV news client
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The earliest special economic zones established in the mainland are ___.
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In 1962, a US-made U-2 high-altitude reconnaissance plane invaded the mainland for reconnaissance and was shot down by a certain unit of the People's Liberation Army. A foreign reporter asked Foreign Minister Marshal Chen Yi, "What weapons did you use to shoot them?" Marshal Chen Yi replied humorously: "It was stabbed down with a bamboo pole." "It was shot down with a ____ weapon.
A． Anti-aircraft artillery fire B. Ship-to-air missile C. Sam
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