2025 Individual Income Tax Settlement Starts Today; Two Taxation Methods Available for Year-End Bonuses

2026-03-02 11:32:21

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The Beijing News Shell Finance News (Reporter Pan Yichun) — On March 1, the 2025 individual income tax annual reconciliation officially began. Previously, on February 25, the appointment channel for the 2025 comprehensive income annual reconciliation was opened on the Personal Income Tax APP. Taxpayers can make an appointment to handle it on any day between March 1 and March 20. If handled between March 21 and June 30, no appointment is needed, and it can be done at any time.

Shell Finance learned that there are five main ways to handle the 2025 individual income tax reconciliation: First, by downloading the Personal Income Tax APP and logging into the Electronic Tax Bureau website for declaration; Second, through the withholding agent responsible for collection; Third, taxpayers can entrust third-party agencies or individuals to complete the annual reconciliation; Fourth, by mailing the required documents to the designated tax authority; Fifth, by visiting the tax service hall of the competent tax authority for declaration.

On March 1, based on the previous appointment, Shell Finance reporter successfully received a tax refund of over 1,000 yuan through the Personal Income Tax APP.

Additionally, regarding the tax withholding on year-end bonuses that taxpayers are concerned about, according to relevant regulations, year-end bonuses can be taxed separately and not included in the comprehensive income for the year. The amount is calculated by dividing the annual bonus income by 12 months, and based on the monthly equivalent comprehensive income tax rate table, the tax can be calculated separately. Alternatively, the year-end bonus can be combined with the year’s comprehensive income for taxation.

When conducting the annual individual income tax reconciliation, taxpayers can use the Personal Income Tax APP to simulate these two taxation methods. The system will automatically calculate the amount of tax owed or refundable under both methods, allowing taxpayers to choose the more advantageous option for reconciliation.

Editor: Yang Juanjuan

Proofreader: Liu Jun

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