First, understand the personal pension tax credit policy.
First of all, individuals need to know the pension tax credit policy in their region, including the specific tax credit, scope of application, application conditions and so on. This information can be obtained by consulting official website, the local tax department, or consulting relevant tax personnel.
Second, prepare relevant certification materials.
When applying for personal pension tax deduction, you need to prepare relevant supporting materials, such as pension insurance payment voucher and personal income tax payment certificate. These materials are the basis to prove that the individual has paid the endowment insurance premium and meets the pre-tax deduction conditions.
Third, apply for a tax credit
Individuals can apply through official website, the tax department, or go to the tax hall to apply. In the application process, you need to fill in the relevant application forms and submit the above-mentioned prepared certification materials. After receiving the application, the tax department will examine and approve the specific tax credit.
Fourth, enjoy tax incentives.
Once the application is successful, individuals can enjoy preferential tax policies within a certain amount. This means that when paying personal income tax, the corresponding pension tax credit can be deducted, thus reducing the tax payable.
To sum up:
Personal pension tax deduction is an important preferential tax policy, which aims to encourage individuals to actively participate in the old-age insurance system. When applying for tax deduction, individuals need to understand the policy, prepare relevant supporting materials and apply according to the requirements of the tax authorities. Once the application is successful, you can enjoy the corresponding tax incentives and reduce your personal tax burden.
Legal basis:
Individual Income Tax Law of the People's Republic of China
Article 6 provides that:
Calculation of taxable income:
(1) For the comprehensive income of individual residents, the taxable income shall be the income after deducting expenses of 60,000 yuan, special additional deductions and other deductions determined according to law.
individual income tax law of the people's republic of china rules for its implementation
Article 13 stipulates:
The special additional deduction mentioned in Item 1, Paragraph 1, Article 6 of the Individual Income Tax Law includes expenses such as children's education, continuing education, serious illness medical treatment, housing loan interest or housing rent, and supporting the elderly. The specific scope, standards and implementation steps shall be determined by the State Council and reported to the NPC Standing Committee for the record.