Core Viewpoint - The article provides a comprehensive guide on how to calculate and query individual income tax (IIT) for new employees, emphasizing the importance of understanding tax deductions and the role of employers in withholding taxes. Group 1: Understanding Individual Income Tax - Individual income tax is calculated based on various income sources including salary, bonuses, and allowances as defined by the Personal Income Tax Law [4] - New employees are required to report their tax information, but the employer is responsible for withholding and paying the tax [6] Group 2: Tax Calculation Methodology - The formula for calculating the taxable income includes cumulative income, exempt income, deductions, and special deductions [8] - The withholding tax rates vary based on cumulative taxable income, with a progressive tax rate structure ranging from 3% to 45% [8] Group 3: Deductions and Exemptions - Each individual is entitled to a basic deduction of 5,000 yuan per month, which totals 60,000 yuan annually [12] - Special deductions include social insurance contributions and housing fund payments [13] - Additional special deductions cover expenses for childcare, education, medical expenses, housing loans, and elder support [14] Group 4: Querying Tax Information - Taxpayers can check their tax details through the personal income tax app, which provides information on income, tax amounts, and deductions [17] - It is crucial to verify that the reported income matches actual earnings to avoid discrepancies [20][21]

Core Viewpoint - The article serves as a guide for individuals to understand personal income tax calculation and inquiry processes, particularly for new graduates entering the workforce. Summary by Sections Personal Income Tax Definition - Personal income tax is levied on wages, salaries, bonuses, year-end bonuses, labor dividends, allowances, subsidies, and other income related to employment or service [2]. Tax Payment Responsibility - Individuals do not need to pay personal income tax directly; the employer acts as the withholding agent, responsible for pre-collecting and remitting the tax [3]. Tax Calculation Method - The tax is calculated using the cumulative withholding method, with the formula for taxable income and tax amount clearly outlined [4]. Key Components of Tax Calculation - **Cumulative Deduction Amount**: Calculated as 5000 yuan/month multiplied by the number of months employed [6]. - **Cumulative Special Deductions**: Includes social insurance contributions and housing fund payments [6]. - **Cumulative Additional Deductions**: Covers expenses for child education, continuing education, major medical expenses, housing loan interest, housing rent, elderly care, and childcare for children under three [8]. - **Other Deductions**: Includes contributions to enterprise annuities, occupational annuities, and other deductible items as per state regulations [9]. Tax Withholding Rate Table - A detailed table outlines the withholding rates based on cumulative taxable income, ranging from 3% for income up to 36,000 yuan to 45% for income exceeding 960,000 yuan [10]. Example Calculation - An example illustrates how tax withholding changes with cumulative income, highlighting the impact of different withholding rates as income increases [11]. Tax Inquiry Process - Individuals can check their income tax details through the personal income tax app, which provides a clear path for accessing tax information [13]. Information Available for Inquiry - The app allows users to view comprehensive income and tax details, including basic information about the withholding agent, deduction details, and tax calculation breakdowns [14]. Common Questions - Clarifications are provided regarding discrepancies between reported income and take-home pay, as well as the difference between pre-withheld tax amounts and actual tax liabilities at year-end [20].

Group 1 - The article discusses common mistakes in tax deductions related to special additional deductions for education, medical expenses, and housing, emphasizing the importance of accurate reporting [2][3][5] - It highlights the need for taxpayers to ensure that only eligible expenses are claimed, such as medical expenses for oneself, spouse, or minor children, and not for parents [2][3] - The article provides corrective suggestions for taxpayers to amend their filings, including using the tax app to adjust deduction ratios and ensuring compliance with the national qualification directory for continuing education [3][4][5] Group 2 - It addresses issues related to housing deductions, such as incorrect reporting of marital status and the implications of having a spouse with property in the same city [5][6][7] - The article advises taxpayers to accurately fill out their marital status and update family member information in the tax app to avoid discrepancies in housing deductions [6][7] - It emphasizes that both spouses cannot claim housing rent and loan interest deductions simultaneously if they share the same primary work city and one has property [5][6][7]

Core Viewpoint - The article discusses the complexities of personal income tax annual reconciliation in China, emphasizing that the final tax outcome is influenced by various factors beyond just salary, including pre-paid taxes, special deductions, and income structure [3][4][12]. Group 1: Tax Reconciliation Scenarios - The outcome of the personal income tax annual reconciliation can result in either a tax refund or a tax payment, depending on whether the pre-paid tax amount is over or under the actual tax liability [4][5]. - Two individuals with the same salary may have different tax outcomes due to varying pre-paid tax amounts, which are determined by their respective employers [5][6]. Group 2: Special Deductions - The method of declaring special additional deductions can significantly affect the pre-paid tax amounts. There are two methods: "withholding agent declaration" and "self-declaration," leading to different tax calculations [6][7]. - Individuals with the same income but different special deductions can have different final tax liabilities due to the varying amounts they can deduct [8][9]. Group 3: Income Structure Complexity - The complexity of income sources, such as additional earnings from freelance work or multiple jobs, can lead to different tax outcomes even if salaries are the same [12]. - Changing jobs mid-year can complicate tax calculations, as the new employer may not have complete information about previous earnings, potentially leading to underpayment or overpayment of taxes [12]. Group 4: Year-End Bonus Taxation - The taxation method for year-end bonuses can vary, with options for "separate" or "combined" taxation, which can lead to different tax liabilities for individuals based on their chosen method [10][11]. Group 5: Tax Calculation Formula and Rates - The article provides a formula for calculating the tax refund or payment amount, which includes various deductions and applicable tax rates [13]. - A detailed tax rate table is included, outlining the applicable rates for different income brackets, which is essential for understanding potential tax liabilities [13].

Group 1 - The article discusses various types of income that individuals may receive, including labor remuneration, manuscript fees, and royalties from intellectual property [4][5]. - It highlights the importance of accurately reporting income and expenses for tax purposes, emphasizing that taxpayers must not claim deductions multiple times [5][6]. - The article outlines specific deductions available to taxpayers, such as those for childcare, education, medical expenses, housing loan interest, and elder support [5]. Group 2 - It emphasizes the obligation of taxpayers to file tax returns accurately and on time, warning of potential penalties for non-compliance [6]. - The article advises taxpayers to promptly apply for tax refunds if they have overpaid, and to ensure their bank account information is correct to avoid issues with refund processing [6]. - It also mentions the importance of maintaining proper documentation and verifying eligibility for various deductions to ensure compliance with tax regulations [5][6].

Core Viewpoint - The article discusses the process for individuals working abroad, referred to as "going out" personnel, to declare their income for tax purposes in accordance with Chinese tax laws [21][22]. Group 1: Definition and Eligibility - "Going out" personnel are defined as residents sent by domestic enterprises or organizations to work abroad, earning wages or remuneration, and are subject to personal income tax under the Personal Income Tax Law of the People's Republic of China [22]. Group 2: Declaration Process - Individuals can log into the Natural Person Electronic Tax Bureau via the web or the personal income tax app to handle their tax declaration [2][22]. - Before starting the declaration, individuals should check their special additional deductions for the relevant tax year to ensure they are correctly filled out [4][25]. - If applicable, individuals can add tax exemption items related to disabilities or other qualifying conditions [6][27]. Group 3: Steps for Tax Declaration - After preparation, individuals can access the annual settlement page for foreign income through the main menu [9][29]. - Upon entering the declaration, individuals must select the tax year and confirm their personal information [10][30]. - The system will pre-fill domestic withholding data, and individuals can then enter their foreign income [12][31]. - Individuals must confirm all tax deductions and taxable amounts before proceeding [14][33]. - If there are other income types such as business income or dividends, these should be filled in the corresponding sections [16][33]. - For any tax exemption items, individuals can modify and add these deductions as necessary [17][34]. Group 4: Final Submission - Individuals must upload required documentation, such as proof of tax payment from abroad, and complete the submission process by agreeing to the terms [18][35].

Group 1 - The article emphasizes the importance of timely tax declaration and reminders for individual income tax annual settlement, highlighting the deadlines for various submissions [5][7][11] - It outlines the process for setting up notification alerts in the personal income tax app for both Android and iOS systems, ensuring users do not miss important tax-related notifications [7][8] - The article provides a comprehensive list of reminders related to annual tax settlement, including special deductions and refund approvals, which are crucial for taxpayers to manage their tax obligations effectively [6][10][11] Group 2 - The article references the regulatory framework governing the annual tax settlement process, specifically the "Comprehensive Income Tax Settlement Management Measures" issued by the State Taxation Administration [7][11] - It discusses the significance of the personal income tax app in facilitating communication between taxpayers and tax authorities, particularly during the annual settlement period [5][9] - The article includes various scenarios and common issues related to special deductions, such as errors in spouse information for housing loan interest deductions, which taxpayers may encounter [11][13]

Core Viewpoint - The article provides guidance on the 2024 individual income tax reconciliation process, highlighting common issues and solutions for taxpayers to ensure accurate reporting and maximize deductions [1][2][3]. Group 1: Tax Filing Process - The deadline for the 2024 individual income tax reconciliation is June 30, 2025, and taxpayers should complete their filings promptly whether they are due for a refund or need to pay additional taxes [1]. - Taxpayers can modify their housing loan interest deduction information if discrepancies arise by checking the loan contract number in the personal income tax app [1]. Group 2: Special Deductions - Taxpayers can switch from separate taxation of annual bonuses to combined taxation by selecting the appropriate option in the personal income tax app during the reconciliation process [1]. - For continuing education deductions, taxpayers must ensure that their educational qualifications and certificate details are accurately filled out to avoid errors [1][2]. Group 3: Post-Filing Adjustments - Taxpayers who have completed their 2024 tax reconciliation but missed a special deduction can still add it by accessing the relevant section in the personal income tax app and confirming the details [2]. - If a refund application is under review, taxpayers must withdraw the refund request before making any corrections to their filings [2]. Group 4: Appeals and Audit Issues - Taxpayers can appeal discrepancies in their income tax records through the personal income tax app by following specific steps to submit their claims [3]. - Common reasons for refund application failures include incorrect personal information, invalid bank account details, and errors in reported data [3]. Group 5: Regulatory Measures - The tax authority will enforce penalties for taxpayers who fail to report or underreport their taxes, including additional charges and credit system implications for serious violations [3].

Core Viewpoint - The article emphasizes the upcoming deadline for the 2024 individual income tax reconciliation, encouraging individuals to re-declare their taxes to potentially receive refunds or adjustments [1][9]. Group 1: Tax Reconciliation Process - The individual income tax reconciliation period is from March 1 to June 30, 2025, for the 2024 tax year [10]. - Individuals can use the "Personal Income Tax" app to re-declare their previous year's taxes for adjustments [2][9]. - A live session was conducted to explain how to operate the tax reconciliation process and maximize potential refunds [3][6]. Group 2: Tax Deductions and Benefits - Various tax deductions are available, including deductions for personal pensions, child education, elderly care, and housing loan interest [14][46]. - Specific amounts for deductions include 24,000 yuan per year for childcare for children under three, and 36,000 yuan for elderly care for parents over 60 [16][14]. - Individuals can also deduct up to 12,000 yuan annually for contributions to personal pension accounts, which must be opened by December 31, 2024, to qualify for the 2024 tax year [17][32]. Group 3: Tax Calculation Examples - An example illustrates how an individual (referred to as "小A") can save 21,400 yuan in taxes by utilizing various deductions, reducing their taxable income significantly [22][24]. - The tax rate structure is provided, showing how different income brackets are taxed at varying rates, with a maximum rate of 45% for incomes over 960,000 yuan [23]. Group 4: Common Questions and Clarifications - Individuals are advised on how to handle personal pension accounts and the importance of timely contributions for tax deductions [32][35]. - Clarifications are provided regarding eligibility for tax deductions on housing loans, emphasizing that only first-home loans qualify [38][39]. - The article addresses potential scenarios where individuals may need to pay additional taxes, such as changing jobs or having multiple income sources [42][43].

Core Viewpoint - The article emphasizes the importance of the personal income tax reconciliation process, which allows individuals to claim refunds or make up for underpaid taxes before the deadline of June 30, 2025 [1][11]. Group 1: Tax Reconciliation Process - The personal income tax reconciliation, known as "汇算清缴," allows individuals to re-declare their income tax from the previous year between March 1 and June 30 each year [8]. - The principle of this process is "more refunds, less supplements," meaning if an individual has overpaid taxes, they can receive a refund [9]. - Individuals can use the "个人所得税" app to complete the reconciliation process [2][8]. Group 2: Tax Calculation and Deductions - The formula for calculating personal income tax is: Tax Payable = Taxable Income × Corresponding Tax Rate - Quick Deduction [13]. - Taxable income is derived from total income minus allowable deductions, which can significantly reduce the amount of tax owed [18]. - There are two main categories of deductible items: directly deductible items and those that require self-declaration [19][20]. Group 3: Specific Deductible Items - Directly deductible items include certain exempt incomes, a standard deduction of 60,000 yuan, and contributions to social insurance [19]. - Self-declared deductible items include seven special additional deductions related to housing, education, and medical expenses, among others [20][22]. - The article provides a detailed table of deductible amounts and conditions for various items, such as childcare, education, and housing loan interest [25][26][27]. Group 4: Personal Pension Accounts - Contributions to personal pension accounts can enjoy tax deferral benefits, meaning no tax is paid upon deposit, but a 3% tax is applied upon withdrawal in retirement [28]. - The article highlights that individuals can benefit from tax deductions by contributing to personal pension accounts before the end of the year [30][66]. Group 5: Tax Saving Techniques - The article suggests three techniques for maximizing tax savings during the reconciliation process, including choosing the most beneficial method for calculating year-end bonuses [51][52]. - Couples can optimize deductions by selecting which partner claims specific deductions based on their respective tax rates [55]. - Individuals should evaluate whether to claim deductions for rent or mortgage interest based on which provides a greater tax benefit [57]. Group 6: Common Questions and Clarifications - The article addresses common questions regarding potential tax liabilities, eligibility for deductions, and the implications of missed declarations from previous years [63][65][68]. - It clarifies that only first-home loans qualify for certain deductions and that most commercial insurance does not qualify for tax deductions [71][72]. Group 7: Summary and Key Steps - The article concludes by encouraging individuals to plan their tax deductions carefully, as annual savings can accumulate significantly over time [77]. - A checklist of key steps is provided to assist individuals in completing the tax reconciliation process smoothly [78].