The method and process of quarterly tax filing for self-employed individuals are as follows:
1.Prepare your tax returns
During each quarter's tax filing period, prepare your tax returns for the current quarter. These materials usually include financial statements, sales records, purchase records, expenses, etc. To ensure the authenticity and accuracy of such information.
2.*Declaration
Register with the Inland Revenue Department** and log in to the online filing system. Follow the system prompts to fill out the tax return and upload the prepared tax return information. The system will automatically generate information such as tax payable and tax incentives based on the filled data.
3.Confirm the declaration information
Before submitting your declaration, carefully check that the information you fill in is accurate. Modifications or additions can be made if necessary. After confirming that everything is correct, click the submit button to submit the declaration information to the tax office.
4.Pay your taxes
After the declaration is submitted, the system generates an amount of tax due. Self-employed individuals can make their payments through online banking or at the counter in the tax hall. After the payment is successful, the system will generate an electronic payment voucher and save this voucher for subsequent verification.
5.Keep the declaration information
After the declaration is successful, the application materials will be printed or saved electronically for subsequent audit and inspection.
It is important to note that the specific tax filing process will vary depending on the region and policy. If self-employed individuals encounter any questions or concerns during the tax filing process, it is recommended to consult the local tax department or tax professional in time to ensure that they are legally and compliantly taxed.