Good! 35% individual income tax reduced to 0.5% preferential tax policy
In fact, in the rapid development of the economy, individuals now need to pay corresponding taxes when undertaking business. In fact, there are three main types of individual income tax, one is personal business income, one is personal labor remuneration income, and the other is personal salary income, of which personal labor remuneration income needs to be settled and paid at the end of the year. Different individual income tax rates are also different. The tax rate paid for personal labor remuneration is 20%-40%, and the tax rate for personal salary income is 3%-45%! Personal business income is 5%-35%!
At present, individual business income tax is paid by individual industrial and commercial households, and if it is levied in accordance with the method of auditing, then it will naturally be levied at a rate of 5%-35%. If you choose to apply for preferential treatment in the region, then you can enjoy the approved collection policy.
Now, depending on the industry, you can choose to apply for a preferential tax rate of 0.5%-1% for the approved income tax rate. Of course, now the self-employed are not only a region, but also other industries can apply to enjoy relevant incentives. VAT can enjoy a preferential tax rate of 1%, and the overall tax rate is about 2%!
According to the relevant situation, in addition to the approved collection, there is also a double exemption policy for self-employed individuals, that is to say, in the case of full VAT exemption, income tax can also apply to enjoy a preferential tax rate of 0%! This is a Cape ticket, and then the annual turnover is less than 1.2 million, the quarterly turnover is less than 300,000, and the monthly turnover is less than 100,000, you can apply for the double exemption policy of value-added tax and income tax.
The above-mentioned preferential policies for self-employed individuals are all regional, and the region can apply to enjoy the approved collection policy after reviewing the relevant situation of the enterprise and in the case of real business. If you choose to enjoy the approved collection, you must apply according to your own situation and meet the requirements!
Disclaimer: The source of the article is reprinted from Gong Yi Yi Hao's "Tax Sui" for details, you can move here