What should I do after the settlement period?

What should I do after the settlement period?

1, you can also declare if it is overdue, but if it involves paying back taxes, you need to pay back taxes, and you will be charged a late fee of 0.5% every day from the date of paying back taxes. If it does not involve paying taxes, it shall be settled through personal comprehensive income. If you pay more taxes, you can apply for tax refund;

2. However, it is suggested that individual income tax should be paid in the annual final settlement of individual comprehensive income. Personal comprehensive income is not settled within the specified time, which will directly affect the personal tax credit record;

3. Under normal circumstances, the competent tax authorities will remind taxpayers to handle the annual final settlement of personal comprehensive income by SMS, and the final settlement period is from March 1 day to June 30 of the following year. The operation of personal income tax comprehensive income settlement is very simple, just download the personal income tax APP, register and log in, and follow the corresponding module. In addition, local tax authorities and various official WeChat accounts have operation guides for learning.

Conditions for zero declaration of individual income tax:

1, after tax registration, you must go to the tax authorities for tax declaration;

2. Which tax type needs to be declared to the tax authorities that manage it;

3. If it is industrial and commercial, national tax and local tax should be declared. If it is a service industry, it also needs to run on both sides. For Sino-foreign joint ventures and newly-established enterprises, most taxes are managed by the national tax, and only urban property tax, stamp duty and personal income tax are managed by the local tax, which is exempt from the urban construction tax and education surcharge of foreign enterprises.

4. If there is no income, you need to go to the tax authorities to ask for the relevant tax return, and then stamp the empty form and hand it in.

To sum up, if you forget to settle the tax, you can make it up through the tax APP. Of course, if you miss the unified processing time, you need to prepare your own information for declaration, and you can't use the forecast function. If you don't know how to fill in the data, you can also go to the tax authorities for on-site handling. What needs to be noted here is that if the previous year's final settlement needs to pay back taxes and forgets to declare, then a late fee will be paid when making up the declaration.

Legal basis:

Article 10 of the Individual Income Tax Law of People's Republic of China (PRC)

Under any of the following circumstances, taxpayers shall file tax returns according to law:

(a) to obtain comprehensive income needs to be settled;

(2) There is no withholding agent for obtaining taxable income;

(3) Having obtained taxable income and the withholding agent has not withheld the tax;

(4) Obtaining overseas income;

(5) Cancellation of China hukou due to immigration;

(6) Non-resident individuals obtain wages and salary income from two or more places in China;

(seven) other circumstances stipulated by the State Council.

Withholding agents shall, in accordance with the provisions of the state, apply for full withholding declaration for all employees, and provide taxpayers with information such as their personal income and tax withheld and remitted.

Article 13

If a taxpayer obtains taxable income without a withholding agent, it shall submit a tax return to the tax authorities within 15 days of the following month to pay the tax.

If the taxpayer obtains taxable income and the withholding agent fails to withhold the tax, the taxpayer shall pay the tax before June 30 of the following year; If the tax authorities notify taxpayers to pay within a time limit, the taxpayers shall pay within a time limit.

Income obtained by individual residents from outside China shall be declared and taxed from March/KLOC-0 to June 30th of the following year.

Non-resident individuals who obtain wages and salaries from more than two places in China shall declare and pay taxes within 15 of the following month.

Taxpayers who cancel their domestic accounts due to emigration shall go through tax settlement before canceling their domestic accounts.