Legal basis:
Article 2 of Announcement of the Ministry of Finance of State Taxation Administration of The People's Republic of China on Implementing Preferential Income Tax Policies for Small and Micro Enterprises and Individual Industrial and Commercial Households (12 No.2021).
On the basis of the current preferential policies, individual income tax will be levied by half on the part of individual industrial and commercial households whose annual taxable income does not exceed 6,543,800 yuan.
essay
The implementation period of this announcement is from 202 11October1to 20221February 3 1.
Article 2 of the Announcement of State Taxation Administration of The People's Republic of China City, People's Republic of China (PRC) on Relevant Matters Concerning the Implementation of Preferential Policies to Support the Development of Small Enterprises and Individual Industrial and Commercial Households (202 1 No.8).
Matters related to the policy of halving individual income tax for individual industrial and commercial households
(1) On the basis of the current preferential policies, individual income tax will be levied at a reduced rate of 50% on the part of individual industrial and commercial households whose annual taxable income does not exceed 6,543,800 yuan. Individual industrial and commercial households can enjoy it no matter what collection method is adopted.
(2) Individual industrial and commercial households can enjoy it when paying taxes in advance, and their annual taxable income will be judged temporarily according to the situation at the end of the reporting period, and the annual final settlement will be calculated on an annual basis, with overpayment and underpayment. If individual industrial and commercial households obtain business income from more than two places, they need to combine the annual taxable income of individual industrial and commercial households when handling the annual summary tax return, recalculate the tax reduction and exemption, and refund more and make up less.
(three) individual industrial and commercial households in accordance with the following methods to calculate tax relief:
Tax exemption = (taxable income of individual industrial and commercial households does not exceed 6,543.8+0,000 yuan-tax exemption of other policies × taxable income of individual industrial and commercial households does not exceed 6,543.8+0,000 yuan ÷ taxable income of operating income )× (654.38+0-50%)
(4) Individual industrial and commercial households need to fill in the column of "Tax Reduction and Exemption" in the corresponding enterprise income tax return form, and attach the "Declaration Form for Tax Reduction and Exemption of Individual Income Tax". For individual industrial and commercial households declared through the electronic tax bureau, the tax authorities will provide preferential policies for tax reduction and exemption and pre-filling services for statements. The tax authorities shall pay taxes according to the reduced tax amount for individual industrial and commercial households with regular quota who implement simple declaration.
Article 4
Articles 1 and 2 of this announcement shall come into effect from 2002 1 1 0/0/01day, and shall be terminated on February1day, 2022. Before the announcement of 200211,individual industrial and commercial households who have paid personal income tax on their operating income can automatically deduct the tax in the following month. If they can't fully deduct the tax in that year, they can apply for tax refund at the time of final settlement. You can also directly apply for refund of tax payable.