Operation steps of final settlement
1. Collect relevant tax information
Before the final settlement, taxpayers need to collect and sort out relevant tax information, including tax returns, invoices, vouchers, etc. These materials will be used as the basis for final settlement, so as to ensure the accuracy of taxpayers' tax returns.
2. Fill in the final settlement declaration form
According to the requirements of the tax authorities, taxpayers need to fill in the declaration form for final settlement. In the process of filling in, taxpayers need to fill in the corresponding data according to their actual situation, including information such as income, expenditure and deduction.
3. Check the accuracy of the data
After completing the declaration form for final settlement, taxpayers need to carefully check whether the data filled in is accurate. If errors or omissions are found, they should be revised and supplemented in time to ensure the authenticity and integrity of the data.
4. Submit the final settlement statement.
After the taxpayer checks it correctly, he can submit the completed declaration form to the tax authorities for final settlement. Usually, taxpayers can choose to submit tax returns online or in person to the tax bureau.
5. Wait for the tax department to review.
The tax department will review the final settlement declaration form submitted by taxpayers and check the accuracy and legality of the declaration data. In the audit process, if problems are found, the tax authorities may require taxpayers to provide relevant supporting materials or make corrections.
6. Pay the differential tax
According to the final settlement results, taxpayers need to pay the differential tax according to the requirements of the tax authorities. Taxpayers can choose online payment or offline payment, and the payment method is implemented according to the provisions of the tax department.
The significance of final settlement
As an important measure of tax management, final settlement has the following significance.
1. Ensure fair tax payment.
Final settlement can recalculate and adjust the tax paid by taxpayers, and ensure that taxpayers' tax obligations are fulfilled fairly and legally. Through final settlement, taxpayers can avoid paying more taxes because of higher income in individual months.
2. Improve the accuracy of taxpayers' declaration.
The final settlement requires taxpayers to check and declare their income and expenses in detail, which can make taxpayers pay more attention to their tax obligations and improve the accuracy and completeness of the declaration. At the same time, the tax authorities can audit the taxpayer's declaration of settlement and payment, and can also find and correct the taxpayer's declaration errors.
3. Reduce the tax risk of taxpayers.
Through final settlement, taxpayers can find and correct their own tax problems in time, and avoid tax risks caused by misstatement or omission. Final settlement can help taxpayers to plan and manage their own taxes reasonably and reduce tax risks.