2024 personal tax refund time

According to Chinese tax laws, the refund time for personal income tax in 2024 should be in the first half of 2025. The specific time will be determined according to the arrangements of the tax authorities.

It is recommended that you pay close attention to announcements and notices from the relevant tax authorities to obtain the latest tax refund time information. At the same time, if you have specific personal tax refund issues, it is recommended that you consult a professional tax lawyer or tax authority to obtain accurate answers and guidance.

The personal income tax refund procedure is usually divided into two steps.

1. Individuals need to make annual settlement declarations between March 1 and June 30 each year. During this period, individuals can calculate and declare taxable income, paid personal income tax, and various tax preferential policies based on their actual situation.

2. After the declaration is completed, wait for review and processing by the tax authorities. Usually, the tax authorities will conduct an audit within a period of time after the declaration is due, and after passing the audit, the tax refund will be paid into the bank account designated by the taxpayer. The specific time for tax refunds will vary depending on the efficiency of local tax authorities and the complexity of personal income tax returns.

To sum up, the deadline for personal income tax refund application in 2024 is December 31 of each year. Personal income tax refund means that taxpayers can refund the personal income tax paid by applying to the tax authorities according to the tax law and if they meet the conditions. In 2024, taxpayers need to complete the application for personal income tax refund before December 31 to ensure that they can enjoy the corresponding tax refund treatment. Taxpayers are requested to prepare relevant application materials within the specified time and submit the application on time in order to smoothly enjoy the rights of personal income tax refund.

Legal basis:

"The People's Republic of China and the National Resource Tax Law"

Article 1

In the People's Republic of China** Units and individuals that develop taxable resources in the territory of the Republic of China and other sea areas under the jurisdiction of the Republic of China are taxpayers of resource tax and shall pay resource tax in accordance with the provisions of this Law. The specific scope of taxable resources is determined by the "Resource Tax Items and Rates Table" attached to this Law.