With the development of the economy, self-employed people, as an important form of economic organization, play an important role in various industries. However, for many self-employed individuals, filing their taxes is a tedious process. In order to help self-employed people better complete their tax filing work, this article will detail the steps and precautions of how to file taxes for self-employed people.
There are three types of self-employed tax returns.
1. No tax registration: no need to do accounts and tax declarations, remember to declare the annual report of industry and commerce before June 30 every year.
2. Tax registration and verification of personal business income:
VAT additional tax: no more than 300,000 quarters do not need to pay tax, no need to declare; If it exceeds 300,000 and does not exceed 5 million quarters, it is normal to apply for tax payments on a quarterly basis.
Personal business income: There is no need to make an account declaration for the fixed tax rate verification, and the tax shall be paid according to the fixed tax rate of invoicing income, and shall be paid quarterly.
3. The tax has been registered, but has not been verified (i.e., audit and collection).
VAT additional tax: no more than 300,000 quarters do not need to pay tax, no need to make a declaration; If it exceeds 300,000 but does not exceed 5 million quarters, the tax shall be declared and paid on a quarterly basis.
Personal business income: invoicing income - cost - expense = profit, the tax amount is calculated according to the individual business income tax rate for each bracket, and the tax amount is declared on a quarterly basis.
Individual income tax: Individual income tax declaration can be opened separately for wages, which can be declared as a cost on a monthly basis.
Stamp duty is that as long as the invoice is issued, stamp duty needs to be declared, declared on a one-time basis, and paid at 5/10,000 of the invoice income.
3 tax incentives for self-employed individuals.
1. Quarterly VAT exemption of 300,000 general invoices.
2. The annual taxable income of less than 2 million yuan shall be reduced by half of the individual operating income tax.
3. The approved self-employed (regular quota) shall be exempted from personal business income within 300,000 yuan per quarter.
In short, self-employed individuals need to file and pay taxes according to the corresponding regulations and procedures when filing tax returns. Only by conscientiously fulfilling tax obligations can we ensure the legitimacy and standardization of our business activities and promote the healthy development of enterprises. At the same time, self-employed individuals also need to strengthen their financial management and tax knowledge reserves, improve their business level and tax awareness, so as to better meet the development needs of the market economy.