On December 30, the State Tax Administration issued a “letter to the national taxpayer of personal income tax”. The new tax law was fully enacted on January 1, 2019, and tax authorities remind taxpayers of the need to become familiar with the latest policies and functions. From January 1, 2019, the new revised Personal Income Tax Law of the People’s Republic of China will be fully implemented.
Taxpayers who have received "comprehensive income" or "operating income" can receive education, continuing education, medical care for serious illnesses and interest on a housing loan in addition to a basic deduction of 5,000 yuan and a special deduction of "three insurances and one gold." Or 6 special additional deductions, such as housing and maintenance of the elderly.
Until January 1, 2019, taxpayers can fill out relevant information by filling out electronic templates or paper extracts, etc., so that tax agents withhold taxes and special deductions. From January 1, 2019, you can also fill out this information through a mobile application and e-taxation bureau.
The following is a letter to the national income tax payer:
First of all, thanks for your understanding, support and cooperation with the tax department.
From January 1, 2019, the new revised Personal Income Tax Law of the People’s Republic of China will be fully implemented. Taxpayers who have received "comprehensive income" or "operating income" can receive education, continuing education, medical care for serious illnesses and interest on a housing loan in addition to a basic deduction of 5,000 yuan and a special deduction of "three insurances and one gold." Or 6 special additional deductions, such as housing and maintenance of the elderly.
To provide a convenient, fast and accurate solution to issues related to income tax, the tax authorities remind you to pay attention to the following information:
First, please log in to the individual tax management system (personal income tax supplement) to verify the authenticity of the name in order to understand the latest policies and functions and facilitate the use of transactions.
2. You can select a hold with a holding agent in accordance with the specific hold information you provided. If the relevant information is not available in the current month, you can add a hold after the information is collected in the next month; you can also do it in March of the following year. When the annual calculation is made from June 1 to June 30, tax authorities report deductions and refunds.
Thirdly, please cooperate with the tax agent to make a full declaration of the full staff. Until January 1, 2019, you can fill out the relevant information by filling out electronic templates or paper statements, etc. Pay taxes and apply special deductions. From 1 January 2019, you can also fill in this information using a mobile application and an electronic tax bureau. If your information changes, please immediately change it through a remote tax terminal or inform the retaining agent.
4. If you want to know more about the taxation of personal income tax policies, you can take part in free training on policy and counseling organized by local tax authorities or visit the State Tax Administration website (website: www.chinatax.gov .cn) and the tax service platform 12366 of the State Tax Administration. (website: 12366.chinatax.gov.cn) or call the tax service hotline 12366, or pay attention to the State Tax Administration Weibo, WeChat, or contact your local tax authority for tax services. If the above channels still cannot solve your problem, you can also call the State Tax Administration hotline: 010-63418840, 63418841, we invited a special person to view.
Dear taxpayers, this personal income tax reform is a complex, lengthy and critical task. Although we have done our best to do a lot of preparatory work, there may be some unsatisfactory places, and we welcome your work here. Make a critical comment. We strive: we will correct mistakes at work, we will carefully study and assimilate proposals and suggestions, as well as improve our work.
We are ready to work together to help the harmonious development of the social economy and to live better and happier! I wish you sincere blessings and holiday greetings, and wish you a happy new year and good luck!
State Tax Administration
December 29, 2018