Core Viewpoint - The article provides detailed guidance on the calculation and reporting of individual income tax for self-employed individuals and business owners, emphasizing the importance of accurate reporting and available deductions [4][5][6]. Tax Calculation Method - The formula for calculating the taxable amount includes total income, applicable tax rates, and deductions based on actual operating months [4]. - Taxpayers can choose to deduct basic expenses and special deductions from either comprehensive income or business income, but not both [4]. Electronic Tax Filing Process - The article outlines a four-step process for filing taxes through the Natural Person Electronic Tax Bureau, including verifying information, reporting income, automatic tax calculation, and confirming tax amounts [5][6]. - Taxpayers are encouraged to use the online platform for convenience, but can also visit tax offices with necessary documents if online filing is not feasible [4]. Special Deductions - The article mentions specific deductions for housing rental expenses, allowing individuals without their own homes in major cities to deduct a standard amount from their taxable income [13]. - The deduction standards vary based on the city classification, with higher allowances for larger cities [13]. Documentation Requirements - Taxpayers must provide detailed information about their rental agreements and personal identification when claiming housing rental deductions [15]. - It is essential to retain supporting documents such as rental contracts for verification purposes [15].

Core Viewpoint - The article provides a comprehensive guide on how to handle individual income tax declarations for business income through the Natural Person Electronic Tax Bureau, emphasizing the importance of timely tax reporting and the consequences of failing to do so [3][11][24]. Group 1: Tax Declaration Process - Taxpayers must verify their information by logging into the Natural Person Electronic Tax Bureau and selecting the appropriate options for declaring business income [3][4]. - The system allows taxpayers to fill in their total income and choose allowable deductions, ensuring that deductions are not claimed redundantly [4][5]. - The system automatically calculates the tax owed based on the reported income and applicable deductions, including any applicable tax relief for individual businesses [4][5]. Group 2: Tax Compliance and Credit Management - Tax compliance directly affects the ability to obtain invoices, loan approvals, and qualifications for bidding, with late tax declarations being a common cause of credit issues [11][24]. - The article outlines the new Tax Credit Management Measures effective from July 1, 2025, which will expand the scope of credit evaluation to include social insurance and non-tax revenue [11][24]. - Taxpayers are encouraged to establish a declaration calendar and utilize reminder tools to avoid missing deadlines, thereby maintaining their tax credit status [17][24]. Group 3: Credit Repair Guidelines - If a taxpayer fails to declare taxes on time, they can correct their credit status by completing a supplementary declaration and applying for credit repair through the electronic tax bureau [19][23]. - The credit repair process includes specific conditions and timelines for submitting applications, with a focus on correcting any previously recorded credit issues [19][20]. - The article emphasizes that maintaining good tax credit status is essential for business operations and encourages proactive management of tax obligations [24].