The State Tax Administration issued a new tax policy to benefit wage earners with an annual income of less than 60,000 yuan.

Original title: The State Tax Administration issued a new tax policy that benefits salary groups with annual incomes below 60,000 yuan.

In a new individualIncome tax(Hereinafter referred to as individual tax) according to the system, office workers getsalaryFor comprehensive income, such as wages, the annual threshold (that is, the expense deduction) is 60,000 yuan, which means that people with an annual income less than 60,000 yuan do not have to pay individual taxes. However, due to large fluctuations in the monthly income of some office workers, under the current system of withholding and prepayment of taxes, some months of high income have withheld and paid the tax in advance, and must request a refund of taxes in the second year.

To change the previous situation, on December 4, the State Tax AdministrationtaxpayerMethod of withholding and advance payment of personal income taxad“(Hereinafter referred to as the” Announcement “), in simple terms, that is, eligible resident persons with an annual income of less than 60,000 yuan do not need to withhold and prepay individual taxes, and in fact they get more money and no longer need to pay taxes The office must request a tax refund, which reduces the tax burden.

For example, last year, Xiao Wang’s annual salary and salary income were 50,000 yuan, but his income in January was 10,000 yuan and the other months were 4,000 yuan. Regardless of other deductions, under the current tax withholding and prepayment system, Xiao Wang must withhold 150 yuan of taxes in January and does not withhold taxes in other months. Taxes this yearFinal settlementNext, since the annual income is less than 60,000 yuan, you do not need to pay individual taxes, so Xiao Wang must settle and pay to recover the 150 yuan withheld in individual taxes. But after the “Announcement” is officially implemented next year, Xiao Wang will no longer have to pay an advance tax.

To enjoy this new tax withholding and prepayment policy, except for annual income less than 60,000 yuan, taxpayers mustFiscal yearThey all work in the same unit, and withholding and prepayment have declared salary orServiceI am subject to payroll taxes, and as of January of this fiscal year, you are still employed by the unit and earned a salary orRemunerationIncome.

For example, Xiao Zhao will be in Unit B from March to December 2020jobsAnd the annual salary income is less than 60,000 yuan. Suppose Xiao Zhao is still working in Unit B in 2021, but since it was not all in Unit B last year, he will not be able to enjoy the previous New Deal.

So how can skilled office workers apply for this new prepaid and tax withholding policy?

According to the State Tax Administration, natural personsElectronic taxOffice retentionclient(That is, the personal tax APP developed by the State Tax Administration) and the declaration of the withholding function of the WEB terminal of the electronic taxation office of natural persons,Withholding agentWhen calculating and withholding personal income tax in January of this year, the system will automatically summarize and request the list of employees who can meet the conditions based on the previous year’s withholding statement. After the withholding agent verifies and confirms the real situation, the Withholding and prepayment of personal income tax by the method stipulated in the “Announcement”.

When paper returns are adopted, the withholding agent must determine the taxpayers who meet the “Announcement” requirements based on the previous year’s withholding statements, and then follow this announcement, starting with the withholding tax return. in January of the current year. , In the “Request for withholding income tax for individualsReport》 Complete the column of observations of the corresponding taxpayer with “declared in each month of the previous year and the annual income does not exceed 60,000 yuan”.

In fact, it is not the first time that the State Tax Administration adjusts the method of withholding and advance payment of the individual tax.

Already in July of this year, the State Tax Administration issued the “Announcement of Improvement and Adjustment of Withholding Methods and Advance Payment of Personal Income Tax for Some Taxpayers”, which it issued for the first time in a year contributoryIncome from wages and salariesFor resident natural persons, when withholding and prepaying personal income tax, the withholding agent can calculate the accumulated deduction according to 5000 yuan / month multiplied by the number of months ended by the taxpayer in the current year . The purpose of this move is to relieve newly recruited college students,practicePersonal tax burden of groups such as students.

Beijing CountryaccountingLi Xuhong UniversityprofessorTell China Business News that the purpose of the recent adjustment of the tax withholding and prepayment method by the State Tax Administration is to implement precise measures based on the taxpayer’s income dynamics so as not to temporarily withhold and prepay the tax. individual, reducing the current situation of low and middle income groups.taxLoad, deployTax reductionReduce fees, also reduce taxpayer compliancecost, Which reduces theadministrationCost, reducing the tax refund workload.

(Source: China Business News)

(Responsible editor: DF537)