Comprehensive income obtained by a resident individual, the annual comprehensive income income does not exceed 120,000 yuan and the need to remit back taxes, or annual remittance of back taxes does not exceed 400 yuan, the resident individual can be exempted from the individual income tax comprehensive income remittance. Except for the situation that the withholding agent has not withheld and prepaid the tax in accordance with the law when the resident individual obtains the comprehensive income.

Second, analyze the details

The individual tax remittance refers to the end of the year, the taxpayer summarizes the wages and salaries, remuneration for services, remuneration, royalties, and other four comprehensive income of the annual income, minus the annual expenses and deductions, to arrive at the taxable income and in accordance with the annual tax rate table of comprehensive income. Calculate the annual personal income tax payable, and then subtract the tax that has been prepaid during the year, to the tax authorities for the annual tax declaration and settle the refundable or compensable tax process.

Three, personal tax returns if not declared what will be the impact

need to make up for the tax but because of the failure to make personal tax returns, will eventually be recovered tax, and may also have to additional penalties. Give up to do the individual tax remittance, the staff will use the big data system, in the background found that the individual should have to pay back taxes. Then the individual will be notified after June 30 to make additional payments. If the individual still fails to file the required tax return, penalties will be imposed. The final penalties vary depending on the amount of back taxes to be paid and the nature of the suspected tax evasion. In addition to this, there is the possibility of paying late fees.