The Spring Festival is coming soon, in order to set off the festive atmosphere, many people will send red envelopes in the group to grab red envelopes, and grabbing red envelopes is about to become a custom of the Spring Festival. The group owner sends red envelopes to group members, the boss gives red envelopes to employees, and adults give red envelopes to children. Grabbing the red envelope indicates that he has good luck again and again, and he smiles from ear to ear.
Accountants have professional sensitivities, and they can't help but ask: If you grab a red envelope, do you still need to pay individual income tax according to accidental income? Here I would like to introduce to you a policy specifically for individual income tax on online red envelopes, that is, the General Letter [2015] No. 409.
The document stipulates that whether to pay individual income tax when you grab a red envelope should be analyzed on a case-by-case basis
1. The cash network red envelopes distributed between individuals do not belong to the taxable income stipulated in the individual income tax law, and are not subject to individual income tax.
This paragraph is easy to understand, the red envelope between individuals is similar to the New Year's money collected during the festival, how can there be any individual income tax. In other words, if the boss uses his own money to distribute red envelopes to employees, we don't have to pay personal income tax when we grab the red envelopes. The boss's money is already the money after paying personal income tax, and if it is issued to the employee, the employee does not have to pay the personal income tax again.
2. For individuals who obtain cash online red envelopes distributed by enterprises, individual income tax shall be calculated and paid according to the incidental income items, and the tax shall be withheld and paid by the enterprise that distributes the red envelopes.
This paragraph is also easy to understand, the boss takes the company's money and gives red envelopes to employees, if you don't pay personal income tax, the loophole is too big, and the company will not pay wages in the future, and you will change to red envelopes. In other words, if the boss uses the company's money to distribute red envelopes to employees, he will have to pay personal income tax. The tax is withheld and paid by the enterprise that distributes the red envelope, and it is better to say that the tax is borne by the enterprise! If you want to let the employees who snatched the red envelopes pay another 20% personal income tax, wouldn't it ruin everyone's happiness? It's all about the red envelopes that employees grab after tax.
3. The non-cash online red envelopes distributed by the individual and used to purchase the goods or services of the enterprise, including various consumption vouchers, vouchers, vouchers, coupons, etc., as well as the cash online red envelopes returned by the enterprise due to the purchase of the enterprise's goods or services up to a certain amount, belong to the first discount and discount for the sale of goods or services provided by the enterprise, and no individual income tax is levied.
This paragraph is also easy to understand, for example, Alipay often sends red envelopes, the purpose of which is to stimulate you to buy his financial products, the wool is out of the sheep, it seems that we get the red envelope, in fact, we consume more, therefore, this kind of red envelope is also not to pay personal income tax.
The above are the contents of the three paragraphs stipulated in the General Letter [2015] No. 409. If you encounter other forms of red envelopes in practice, you are welcome to leave a message to discuss. Finally, I wish you all a safe, happy and peaceful Spring Festival, and happily grab a lot of big red envelopes!