The deadline for annual settlement and payment of self-employed households is May 3 1 every year. Before this date, self-employed individuals need to complete the following steps: fill in the tax return and submit the declaration materials. The tax authorities shall check the declaration information, confirm the tax payment obligation and complete the payment. Self-employed individuals should calculate taxable income after deducting relevant expenses from actual income, and calculate taxable amount according to tax rate table. After completing these steps, it is necessary to pay personal income tax and possible late payment fees in time, and obtain payment vouchers. You can consult the local tax authorities if you encounter problems.
Basic requirements for tax administration of self-employed:
1. Registration requirements: self-employed individuals must register with the tax authorities and obtain a tax registration certificate;
2. Invoice management: self-employed individuals shall issue invoices in accordance with regulations, and shall not print, forge or alter invoices without permission;
3. Tax declaration: self-employed individuals declare taxes according to law and pay taxes in full and on time;
4. Bookkeeping: Self-employed individuals need to set up account books and keep accounts according to the accounting system stipulated by the state;
5. Tax incentives: self-employed individuals who meet the requirements can enjoy preferential tax policies stipulated by the state;
6. Tax inspection: Self-employed individuals shall accept tax inspection by tax authorities and provide necessary account books, vouchers and other materials.
To sum up, self-employed individuals need to complete the annual final settlement before May 3 1 every year, including filling in the declaration form, submitting materials, tax inspection, confirming tax obligations, paying taxes, etc. After calculating the tax revenue, you should pay taxes according to the tax rate table, pay personal income tax and late fees within the specified time, and consult the tax authorities when necessary.
Legal basis:
Individual Income Tax Law of the People's Republic of China
Article 26
Income from the production and operation of individual industrial and commercial households, sole proprietorship enterprises and other individual operators shall be calculated in accordance with the provisions of this Law.