个税退税即将启动 明天预约可尽早退税

Core Viewpoint - The annual personal income tax (PIT) reconciliation will officially start on March 1 this year, with individuals who have overpaid PIT in 2025 eligible for refunds after filing their declarations [1] Group 1: PIT Reconciliation Process - The PIT reconciliation for comprehensive income for 2025 will take place from March 1 to June 30, 2026 [1] - Individuals wishing to file their PIT reconciliation between March 1 and March 20 must make an appointment starting February 25 [1] - Approximately half of the taxpayers who file for PIT reconciliation receive refunds, while most do not receive any adjustments, and a small number may need to pay additional taxes due to underpayment [1] Group 2: Tax Policies and Exemptions - Most of China's 1.4 billion people do not pay PIT due to the current exemption threshold and various deductions, thus not facing refunds or additional tax payments [2] - Taxpayers with annual comprehensive income not exceeding 120,000 yuan or those whose additional tax payment does not exceed 400 yuan are exempt from filing PIT reconciliation until December 31, 2027 [2] - To fully benefit from tax policies and receive refunds, taxpayers must accurately declare all eligible deductions, particularly the special additional deduction for serious illnesses [2] Group 3: Tax Calculation Options - Individuals with year-end bonuses can choose between including the bonus in their comprehensive income for tax calculation or taxing it separately, with the latter often resulting in lower tax payments [2] - Taxpayers can compare the tax implications of both calculation methods before finalizing their choice [2] Group 4: Compliance and Reporting - Taxpayers are required to report foreign income accurately during the PIT reconciliation process [3] - It is advised to avoid fraudulent claims for refunds, as false reporting can lead to penalties and legal consequences [3]