Tax year 2021 will begin!Who wants to handle it?How to do it?
From March 1, 2022 to June 30, 2022, we will usher in the annual summary of individual income tax in 2021.Who needs to handle the annual settlement?How to handle annual settlement?01. What is the annual summary?Annual settlement is to show after year end, taxpayer deals with annual pay tax to tax authority declare and settle should return or should fill the process of tax.So how do we calculate that?This formula can help us better understand the left shall refund or BuShuiE = [(comprehensive income income – $60000 – “three risks a gold” and other special deduction – their children’s education and so on special additional deduction – in accordance with the other deduction – qualified as determined by the public welfare charity donations) by the applicable tax rate – simplified deduct number] – already prepay taxes, in short,That is, on the basis of taxes paid in advance at ordinary times, “make up for omissions, summarize receipts and expenditures, settle accounts by year, return more and fill less”.02, Who does not need to handle the annual settlement?The relevant person in charge of the State Administration of Taxation introduced that taxpayers who have paid individual income tax in advance in accordance with the law within the tax year and meet one of the following circumstances do not need to handle the annual settlement: 1) taxpayers who need to pay tax in the annual settlement, but their comprehensive income does not exceed 120,000 yuan;(2) the amount of tax payable for annual settlement does not exceed RMB 400;The amount of tax paid in advance is consistent with the amount of tax payable in the annual settlement;4. Those who meet the conditions for annual consolidated tax refund but do not apply for tax refund.//03, Who needs to handle the annual settlement?According to the introduction, the following two cases need to deal with the annual settlement: one is the pre-paid tax is higher than the amount of tax payable, need to apply for tax refund taxpayers;Second, the comprehensive income obtained in the tax year exceeds 120,000 yuan and the amount of tax to be paid exceeds 400 yuan.04. How to handle it?In order to improve the efficiency of tax handling and declaration experience, this year the tax department provides a new service of appointment for tax handling. Taxpayers who need to apply for annual settlement declaration from March 1 to March 15 can make an appointment for tax handling in advance through the personal income tax App.After March 16, no appointment is required.The relevant person in charge of the State Administration of Taxation said that the time of the 2021 annual settlement is from March 1 to June 30, 2022, which spans four months. Taxpayers have plenty of time to handle tax, so there is no need to rush in a few days before.If the taxpayer does have an emergency and has not made an appointment to the appropriate date, he can also go to the tax service hall of the competent tax authority to handle the matter directly.Source: Xinhua News Agency