The personal benefits of paying personal income tax are as follows:

1. Narrow the gap between the rich and the poor. Currently, personal income tax on wages and salaries uses a 7-level progressive tax rate. The higher the income, the higher the corresponding tax rate. The more taxes and fees you need to pay, and those with low incomes who have not reached the personal income tax threshold do not need to pay personal income tax, so through taxation, the income gap can be adjusted;

2. It can be used as proof of your own income. When approving bank personal credit business, personal tax payment records are often referred to. The higher the personal income tax paid, the more personal credit limit can be increased;

3. Application for residence permit and study visa. Applying for residence permit requires Provide personal income tax payment certificates for the last 6 consecutive months. When applying for a study visa, self-employed individuals and corporate legal persons are required to have tax payment certificates, which can prove the financial level of the legal person or individual.

Personal income tax declaration process:

1. Receive the return form:

Taxpayers go to the tax declaration window of the tax service hall to receive the "Individual Income Tax Return Form" 2 copies and filled in. If taxpayers with an annual income of more than 120,000 yuan apply for annual personal income tax returns, they should receive 2 copies of the "Personal Income Tax Return (Applicable to taxpayers with an annual income of more than 120,000 yuan)" and fill them out.

2. Declaration:

Taxpayers should bring the above-mentioned application materials to the tax declaration window of the tax service hall to make declarations.

Another: Taxpayers with an annual income of more than 120,000 yuan should fill out the "Personal Income Tax Return Form (Applicable to taxpayers with an annual income of more than 120,000 yuan)" and submit it when filing a tax return. The competent tax authority shall also submit a copy of the individual's valid identity document and other relevant information required by the competent tax authority.

3. Payment of taxes:

(1) If there is no tax declared in the current period, upon review by the tax authorities, the information provided by the taxpayer is complete, the filled-in content is accurate, and all procedures are complete. , There are no violations and if the conditions are met, the case will be completed on the spot, the "Personal Income Tax Return" will be stamped, and one copy will be returned to the taxpayer.

(2) If there is tax declared in the current period, the taxpayer needs to pay the tax. The tax authority will issue a tax payment certificate after confirming the tax payment.

To sum up, the most direct benefit of filing a personal income tax declaration is that it can be used as proof of your own income. Provide proof of income for your own loan; it can provide a basis for labor disputes between you and your employer; it can help your employer help you buy social security; it can prevent individuals from hiding their income; it can also apply for residence permits, etc.

Legal basis:

"Personal Income Tax Law"

Article 2

The following personal income shall be subject to personal income tax:

(1) Income from wages and salaries;

(2) Income from labor remuneration;

(3) Income from author remuneration;

( 4) Income from royalties;

(5) Income from operations;

(6) Income from interest, dividends and bonuses;

(7) Property leasing Income;

(8) Income from property transfer;

(9) Incidental income. When a resident individual obtains the income from Items 1 to 4 of the preceding paragraph (hereinafter referred to as comprehensive income), personal income tax shall be calculated on a consolidated basis in the tax year; when a non-resident individual obtains the income from Items 1 to 4 of the preceding paragraph, the personal income tax shall be calculated on a monthly or itemized basis. Calculate personal income tax. When taxpayers obtain income from Items 5 to 9 of the preceding paragraph, their personal income tax shall be calculated separately in accordance with the provisions of this Law.

Article 9

For personal income tax, the income earner is the taxpayer, and the unit or individual who pays the income is the withholding agent.

If the taxpayer has a Chinese citizen identity number, the Chinese citizen identity number will be used as the taxpayer identification number; if the taxpayer does not have a Chinese citizen identity number, the tax authority will assign the taxpayer identification number. When a withholding agent withholds taxes, the taxpayer shall provide the taxpayer identification number to the withholding agent.