Personal income tax is generally withheld and remitted by enterprises or units that pay wages or personal income, and no steps or procedures are needed. According to the tax rate, it can be withheld from the monthly payroll and declared monthly. If the annual income exceeds120,000 yuan and no unit has withheld and remitted it, it is necessary to report to the local taxation bureau at the specified time. When withholding tax, the withholding agent must issue a tax withholding receipt uniformly printed by the tax authorities to the taxpayer, and specify the taxpayer's name, work unit, home address, resident identity card or passport number and other personal information in detail.
If you are self-employed, the individual will take the initiative to report to the tax bureau. Income from personal wages and salaries is generally withheld and remitted by the payer and declared and paid to the tax authorities.
When withholding agents pay wages and salary income to individual residents, they shall calculate the withholding tax according to the cumulative withholding method, and make monthly withholding declarations. Income from wages, salaries, remuneration for labor services, remuneration for manuscripts and royalties earned by individual residents shall be withheld in advance by withholding agents on a monthly or per-visit basis.
Taxpayers who meet the requirements for final settlement shall make final settlement with the local competent tax authorities in the place where they work and are employed within March 1 day to June 30 of the following year. If there is no office or employment unit, it shall be handled by the competent tax authorities at the place where the household registration is located or at the place of habitual residence. Individual residents' income from interest, dividends and bonuses, income from property leasing, income from property transfer and accidental income shall be withheld and remitted by withholding agents on a monthly basis or every time. If the withholding agent fails to withhold the tax, the taxpayer shall pay the tax to the competent tax authorities before June 30 of the following year. Owners of individual industrial and commercial households, investors of sole proprietorship enterprises, individual partners of partnership enterprises, individual contractors and tenants, and other individuals engaged in production and business activities shall apply for advance declaration and final settlement.
I hope the above contents can help you. If you have any questions, please consult a professional lawyer.
Legal basis:
Article 62 of the Law of the People's Republic of China on the Administration of Tax Collection
Taxpayers who fail to file tax returns and submit tax materials within the prescribed time limit, or withholding agents who fail to submit tax withholding and collecting reports and relevant materials to the tax authorities within the prescribed time limit, shall be ordered by the tax authorities to make corrections within a time limit and may be fined less than 2,000 yuan; If the circumstances are serious, a fine of not less than two thousand yuan but not more than ten thousand yuan may be imposed.