Core Viewpoint - The article provides guidance on the 2024 individual income tax comprehensive income settlement, emphasizing the importance of timely tax payment and the available channels for taxpayers to complete their tax obligations before the June 30 deadline [1][3]. Group 1: Tax Payment Channels - Taxpayers can handle the 2024 individual income tax comprehensive income settlement primarily through the Personal Income Tax App and website, with options for mail or in-person at tax service halls [1]. - For tax payment, options include online banking, tax service halls, bank counters, and non-bank payment institutions. If using mail, taxpayers must confirm their settlement progress through the Personal Income Tax App or website [1]. Group 2: Handling Large Tax Payments - If a taxpayer encounters a payment limit due to their bank card settings, they should contact their issuing bank to adjust the settings. Alternatively, taxpayers can opt for installment payments by selecting the "partial payment" option during the tax payment process [2]. Group 3: Confirmation of Tax Payment - Taxpayers can confirm the success of their tax payment through the Personal Income Tax App, the Natural Person Electronic Tax Bureau website, or at the tax service hall [5]. Group 4: Consequences of Late Tax Payment - Taxpayers must pay their taxes before the June 30 deadline to avoid late fees. Failure to do so may result in penalties and additional charges [3][7]. - Tax authorities will pursue the collection of unpaid or underpaid taxes after the settlement period, which may include late fees and marking the taxpayer's record. Serious cases may lead to public exposure [9].

Core Viewpoint - The article emphasizes the importance of participating in pension insurance and provides a comprehensive comparison between enterprise employee pension insurance and urban-rural resident pension insurance, guiding individuals to choose the most suitable option for their circumstances [1][20]. Group 1: Eligibility and Participation - Employees with a legal labor relationship with an employer must participate in the enterprise employee pension insurance [2]. - Flexible employment individuals aged 16 and above, who have not reached the statutory retirement age, can voluntarily apply for enterprise employee pension insurance [3]. - Urban residents aged 16 and above with local household registration can apply for urban-rural resident pension insurance [4]. Group 2: Contribution Standards - For enterprise employee pension insurance, the monthly contribution base for employees is their average monthly salary from the previous year, with specific adjustments if below 60% or above 300% of the city's average salary [8]. - The contribution rate for enterprise employee pension insurance is 20% for those participating as individuals [10]. - Urban-rural resident pension insurance has 13 contribution tiers, with annual payments ranging from 200 to 4000 yuan, and government subsidies varying accordingly [11]. Group 3: Pension Benefits and Conditions - The pension from enterprise employee insurance consists of a basic pension, individual account pension, and transitional pension, with benefits linked to contribution years and amounts [16]. - Urban-rural resident pension insurance benefits include a basic pension of 165 yuan per month, which may be adjusted based on various economic factors [18]. - Both pension systems follow the principle of "more contributions lead to more benefits" [19]. Group 4: Retirement Options - Starting January 1, 2025, a gradual delay in the statutory retirement age will be implemented, allowing for flexible early retirement under certain conditions [13]. - Individuals can apply for basic pension benefits from the month following the approval of their retirement application [14].

Core Viewpoint - The article discusses the differences between special invoices (专票) and ordinary invoices (普票) in the context of value-added tax (VAT) deductions, emphasizing the importance of understanding when to issue each type based on the buyer's tax status and the nature of the goods sold [2][4][6]. Group 1: Buyer Type Considerations - If the buyer is a general taxpayer, both special and ordinary invoices can be issued, with special invoices serving as proof for VAT input tax deductions [3]. - For small-scale taxpayers, even if a special invoice is issued, it cannot be used for VAT input tax deductions, making ordinary invoices more common [4]. - When the buyer is an individual consumer, only ordinary invoices can be issued [6]. Group 2: Goods Sold Considerations - Special invoices cannot be issued for tax-exempt goods, except as specified by laws and regulations [9]. - Certain consumer goods sold by general taxpayers, such as retail tobacco, alcohol, food, and cosmetics, cannot have special invoices issued [10][12]. Group 3: Policy References - The article references the "Interim Regulations on Value-Added Tax of the People's Republic of China" and the "Notice on Revising the Regulations on the Use of Special Invoices for Value-Added Tax" as the legal basis for the invoicing rules discussed [13].

Core Viewpoint - The article emphasizes the importance of completing the annual personal income tax reconciliation by June 30, 2024, detailing the process and requirements for taxpayers to ensure compliance with tax regulations [3][9]. Group 1: Annual Reconciliation Overview - The annual reconciliation involves summarizing various income sources such as wages, labor remuneration, and royalties to calculate tax obligations [3]. - The calculation formula for tax refund or payment is provided, which includes deductions for specific expenses and applicable tax rates [4]. Group 2: Exemptions from Reconciliation - Taxpayers are exempt from reconciliation if their total income does not exceed 120,000 yuan or if the tax due is less than 400 yuan [6]. - Other exemptions include cases where the pre-paid tax matches the actual tax due or if taxpayers qualify for a refund but choose not to apply for it [6]. Group 3: Requirements for Reconciliation - Taxpayers must complete reconciliation if they have overpaid taxes and wish to claim a refund, or if their total income exceeds 120,000 yuan with a tax due exceeding 400 yuan [7]. - Additional requirements include situations where income was underreported due to errors or lack of withholding [7]. Group 4: Timeline for Reconciliation - The reconciliation period is set from March 1 to June 30 each year, with specific dates for the 2024 tax year being March 1 to June 30, 2025 [8][9]. Group 5: Steps to Complete Reconciliation - The process begins with logging into the personal income tax app and selecting the appropriate year for reconciliation [10][11]. - Taxpayers must verify their personal information, income, and deductions before proceeding to tax calculation [13][14]. - The system will automatically calculate the tax due or refund based on the provided information, guiding users through the final steps of either claiming a refund or making a payment [17][21].

Core Viewpoint - The article emphasizes the importance of timely filing personal income tax annual reconciliation by June 30, 2024, and outlines the consequences of failing to do so, including penalties and impacts on tax credit. Group 1: Consequences of Late Filing - Tax authorities will issue a deadline for correction to taxpayers who fail to file or underpay, and may impose penalties according to the Tax Collection and Administration Law of the People's Republic of China [1] - Tax authorities will recover unpaid or underpaid taxes and impose late fees, marking the taxpayer's record accordingly [2] - Taxpayers who do not comply with tax filing regulations may be classified as seriously untrustworthy, affecting their tax credit status [3] Group 2: Who Needs to File Annual Reconciliation - Taxpayers who have prepaid taxes greater than the actual tax due and wish to apply for a refund must file [5] - Taxpayers who need to pay additional taxes and have an annual income exceeding 120,000 yuan or owe more than 400 yuan must file [6] - Taxpayers who need to pay additional taxes but have an annual income not exceeding 120,000 yuan or owe less than 400 yuan, and did not prepay taxes, must file [7] - Taxpayers who have underreported or failed to report income due to errors or non-compliance by withholding agents must file [8] Group 3: Recommendations - Taxpayers receiving notifications regarding tax refunds or payments should promptly log into the personal income tax app to complete their filings and avoid negative consequences [10]

Core Viewpoint - The article discusses the tax deduction rules for housing loan interest, medical expenses, children's education, and childcare for taxpayers in China, emphasizing the conditions under which these deductions can be claimed and the limits associated with them [2][3][4]. Group 1: Housing Loan Interest Deduction - Taxpayers can deduct housing loan interest if they or their spouse have a personal housing loan for a first home in China, with a maximum deduction period of 240 months [2]. - Unmarried taxpayers can deduct the interest solely by themselves, while married taxpayers can choose to deduct it by one spouse or split it equally [3]. - Only one first home loan interest deduction is allowed per taxpayer in a tax year [3]. Group 2: Medical Expense Deduction - Taxpayers can deduct medical expenses exceeding 15,000 yuan incurred in a tax year after insurance reimbursements, with a maximum limit of 80,000 yuan [3]. - Medical expenses can be deducted by either the taxpayer or their spouse, and expenses for minor children can be deducted by one parent [3]. Group 3: Children's Education Deduction - Taxpayers can deduct 2,000 yuan per month for each child in full-time education, with the option to choose which parent claims the deduction [4]. - The deduction applies to various educational stages, including preschool, primary, secondary, and higher education [4]. Group 4: Childcare Deduction - Taxpayers can claim a deduction of 2,000 yuan per month for each child under three years old for childcare expenses [4].

Policy Basis - The article references the "Comprehensive Income Tax Settlement Management Measures" (State Taxation Administration Order No. 57), which states that taxpayers should first verify discrepancies with the withholding agent before filing a complaint with tax authorities if errors are confirmed [3]. Handling Discrepancies - Taxpayers should check their income tax details on the personal income tax APP and contact the withholding agent for verification if discrepancies arise, especially if the taxpayer has not been employed by the reporting unit but has received income from them [4][5]. - If the taxpayer's income and tax details are incorrect, they can choose to submit a complaint for specific income entries or in bulk [6]. Types of Employment Status - If the taxpayer is currently employed by the reporting unit, they should report the discrepancy to the withholding agent for correction [9]. - If the taxpayer has never been employed by the reporting unit, they can directly initiate a complaint [11]. - If the taxpayer was previously employed, they should select the appropriate status and provide the correct termination date when filing a complaint [13]. Complaint Process - Successful complaints will result in the disputed income not being counted towards the taxpayer's comprehensive income [14]. - If a complaint has been submitted but later found to be incorrect, taxpayers can withdraw the complaint through the personal income tax APP [15].

Core Viewpoint - The article discusses the tax deduction policies for individual charitable donations in China, outlining the conditions and procedures for individuals to benefit from tax deductions on their donations to eligible charitable organizations [5][6]. Summary by Sections Eligibility for Tax Deductions - Charitable donations must be made to organizations that meet the criteria set forth in the "Charity Law of the People's Republic of China" and the "Public Welfare Donation Law" [5]. - Donations must be directed towards public welfare and charitable causes such as education, poverty alleviation, and assistance to the needy [5]. Qualified Donation Channels - Donations can be made to: 1. Public welfare social organizations within China that have obtained tax deduction qualifications [5]. 2. Government departments at or above the county level [5]. Tax Deduction Limits - Individual donations can be deducted from taxable income up to 30% or 100% depending on the type of donation. The full deduction applies to donations specified by the State Council [5]. Operational Guidelines - Individuals can claim deductions by logging into the personal income tax app and following a series of steps to input donation details, including the recipient's information and donation amount [6]. - The process includes confirming employment information, entering donation amounts, and uploading supporting documents [6]. Additional Information - The tax deduction qualification for public welfare organizations is valid for three years and can be verified through official government websites [5]. - The article also provides a link to a video guide on how to claim these deductions [8].

Core Viewpoint - The article provides a step-by-step guide for individuals on how to correct their personal income tax declaration for the year 2024, specifically addressing issues related to labor remuneration income and the corresponding invoices [2][4][8]. Group 1: Tax Declaration Process - The first step involves querying the total amount of labor invoices issued during the tax year by using the personal income tax app [2][3]. - The second step requires individuals to add the total amount of labor invoices issued to their tax declaration, ensuring that any previous submissions are corrected if necessary [4][5]. - After entering the relevant labor remuneration information, individuals must verify the accuracy of the total amounts before completing the declaration [6][7][8].

Core Viewpoint - The article discusses the regulations and procedures related to property tax and urban land use tax in China, particularly focusing on the tax rates, calculation methods, and obligations for taxpayers [2][3][4]. Property Tax Regulations - Property tax is levied in urban areas, county towns, administrative towns, and industrial and mining areas [2]. - The tax rate for property tax is set at 1.2% based on the remaining value of the property after a deduction of 10% to 30% from the original value [2][3]. - In Shanxi Province, the deduction standard for property tax has been unified to 80% [3]. Tax Calculation - The formula for calculating the taxable amount is: Taxable Amount = Original Property Value * (1 - Deduction Rate) * 1.2% [3]. - Tax obligations arise from the month following the delivery of new properties or the transfer of ownership for existing properties [4][5][6]. Taxpayer Obligations - Taxpayers must pay property tax starting from the month after the property is delivered for rental or use [5]. - For self-built properties, tax is due from the month following completion [6]. - If a taxpayer entrusts a construction company, tax is due from the month after acceptance [7]. Tax Payment Schedule - Property tax is collected annually and can be paid in installments, with specific deadlines set by local governments [8][10]. - In Shanxi Province, property tax payments are divided into two halves, with the first half due by the end of June and the second half by the end of December [10]. Tax Collection Authority - Property tax is collected by the tax authority in the location of the property [11]. - Taxpayers with properties in different locations must pay taxes separately to the respective local tax authorities [11][27]. Urban Land Use Tax - Urban land use tax is calculated based on the actual area of land occupied, with rates determined by local governments [21]. - Tax obligations for urban land use tax begin from the month following the approval of land acquisition [22][23]. Reference Policies - The article references several regulations, including the "Interim Regulations on Property Tax" and the "Interim Regulations on Urban Land Use Tax" [13][29].