How to refund and make up the tax when the annual final settlement begins?

The current personal income tax system is in the transition stage from a single tax system to a comprehensive tax system. After the reform, the tax structure is also more reasonable. At the same time, starting from 20 19, individual taxes also need to be settled annually. The aspects involved in the settlement of personal income tax are more complicated. If your income type also involves wages and salaries, labor remuneration, royalties, then the annual settlement of individual taxes is really a big project.

Most of us mainly involve income from wages and salaries and income from labor remuneration, which is relatively simple to calculate. Let me talk about the simple process of tax refund and tax payment through personal income tax APP.

I. Tax Refund Whether it is tax refund or tax payment, we can all operate through the personal income tax APP. In fact, we don't want everyone to get a tax refund. If you get a tax refund, it means your salary is too low. I certainly hope that all of us can get more income, which can also contribute more taxes to the country.

Specifically, if our annual income is not high, our monthly salary at the beginning of the year is too high. For example, the year-end bonus was issued last year, and the tax was paid in advance. However, when we make final settlement next year, we don't need to pay the annual tax, so we can apply for tax refund for this part of the tax paid in advance. There is also a common situation now, that is, you are a freelancer, and you have paid taxes in advance without deducting the corresponding expenses when you earn income, so you can also get a tax refund when you make annual settlement.

Second, when we pay back taxes in the tax year, we may not only refund taxes, but also pay back taxes.

Generally speaking, if we only have one income, and the company has declared our wages and salaries in full and on time, then we need to pay taxes when we settle accounts in the tax year. If we not only get income from one place, but also deduct relevant expenses from it in two places. In this way, because our expense deduction is repeated, we need to pay back the tax when the tax is settled.

In fact, the personal income tax APP is still very smart. You just need to enter the annual settlement module and follow the prompts step by step.

Ladies and gentlemen, if you don't know anything about the annual settlement, you can leave a message in the comment area.