Personal business income refers to the business income obtained by non-profit organizations such as individual industrial and commercial households and freelancers. Personal business income tax refers to the net income obtained by individuals engaged in business activities and needs to pay certain taxes. The annual settlement and payment time of personal income tax is from June 65438+1 October1day to March 3 1 day of the following year, in which personal business income needs to be declared and personal income tax is paid during this period. In the final settlement of personal business income tax, it is necessary to calculate the actual tax payable in accordance with the relevant tax laws, and then determine the final tax payable after deducting the paid taxes and applying preferential tax policies. At the same time, it should be noted that those who fail to pay personal income tax within the time limit will be fined, so individual operators should pay attention to the time of personal income tax settlement and pay taxes on time to avoid unnecessary fines and legal risks.
How to declare personal business income tax? To declare personal business income tax, you need to provide information such as income, expenses, depreciation or amortization, as well as relevant certification materials required by the tax authorities. Please refer to the relevant guidelines provided by local tax authorities or consult professional tax agents for specific operation methods.
Personal business income tax is a tax that non-profit organizations such as individual industrial and commercial households and freelancers need to pay, and its final settlement time is 1 to 3 1 in the following year. Individual operators should pay attention to the relevant notices issued by the tax authorities in a timely manner, declare and pay personal income tax according to the prescribed time, and avoid being fined for overdue payment. If you have any related questions, it is recommended to consult tax experts or local tax authorities in time.
Legal basis:
Article 45 of the Individual Income Tax Law of People's Republic of China (PRC), taxpayers shall calculate the tax payable by themselves according to the provisions, and report and pay individual income tax to the tax authorities within the prescribed time limit. Those who fail to declare and pay personal income tax within the time limit shall be recovered by the tax authorities according to law and fined.