Personal income tax refers to the income obtained by individuals through wages, salaries, royalties, property leasing and other forms, and is a right enjoyed after paying taxes according to law. For eligible taxpayers, tax refund procedures can be handled according to relevant regulations. According to China's tax law, the tax year of individual income tax is 10 month/kloc-0 day to February/kloc-0 day. For the individual income tax that has been paid, the tax refund shall be handled within the time limit approved by the tax authorities. Specific to the issue of personal income tax refund in 2020, the tax refund period should be before June 30, 20021year. In other words, those who pay personal income tax in 2020 need to go through the tax refund procedures and complete the tax refund application before June 30, 20021year. Therefore, according to the law, the personal income tax rebate in 2020 can no longer be handled in 2023.
If I miss the application deadline of 202 1, can I still apply for tax refund? The relevant regulations on personal income tax refund require taxpayers to apply for tax refund within the time limit approved by the tax authorities. If you miss the tax refund period, you will not be able to apply for a tax refund again.
Personal income tax refund is the embodiment of taxpayers' legitimate rights and interests. If you pay personal income tax in 2020, you need to go through the tax refund procedures. It is recommended to know the relevant policies and regulations in time to ensure that the tax refund application and procedures are completed within the prescribed time limit.
Legal basis:
Article 14 of the Individual Income Tax Law of People's Republic of China (PRC) * * * The tax withheld by withholding agents every month or every time shall be turned over to the state treasury within 15 days of the following month, and a declaration form for withholding individual income tax shall be submitted to the tax authorities. Where a taxpayer or withholding agent handles the tax refund for the taxpayer, the tax authorities shall, after examination, handle the tax refund in accordance with the relevant provisions on treasury management.