Do it yourself: taxpayers can handle the annual settlement by themselves. Taxpayers can handle it by themselves through personal income tax mobile APP, website of natural person electronic tax bureau and other channels, and the tax authorities provide taxpayers with pre-filling services for declaration matters.
Office work: apply to the employer. Considering that many taxpayers mainly receive wages and salaries from one unit, and the tax-related information of taxpayers is relatively comprehensive and accurate, in order to better help taxpayers handle the annual settlement and payment, the second paragraph of Article 6 of the announcement stipulates that taxpayers can receive wages, salaries or continuous labor remuneration on behalf of withholding agents (such as insurance salesmen and securities brokers); Taxpayers' withholding requests to these withholding agents shall be handled by the withholding agents.
Entrust: Entrust a tax-related professional service organization or other units and individuals to act as agents. Taxpayers can independently entrust tax-related professional service institutions or other units and individuals (hereinafter referred to as trustees) to handle the annual final settlement on their behalf according to their own conditions and conditions. In this way, the trustee needs to sign a power of attorney with the taxpayer and keep it properly, so as to clarify the rights, responsibilities and obligations of both parties.
Accounting entries for paying income tax?
1. When the enterprise settles the enterprise income tax:
Borrow: tax payable-income tax payable,
Loan: bank deposit.
2. When the enterprise settles individual income tax:
Borrow: taxes payable-personal income tax payable,
Loan: bank deposit.