Many netizens’ first task at the start of the month
is to file for tax refunds!
For the 2025 tax year
Individual Income Tax Comprehensive Settlement
Starting today
The filing period is from March 1 to June 30
It’s still “more refund, less payment”
Early this morning, some netizens were already lining up for their refunds
▼
In an instant
Netizens shared their refund results
Some received hundreds, thousands, or even tens of thousands of yuan
▼
Some are happy, some are worried
One netizen said
They didn’t expect to owe additional taxes after filing for a refund
Another shared a screenshot
Showing they need to pay over 3,000 yuan extra
▼
Some also said
Not refunding or paying extra, they can sleep peacefully
▼
On March 1, all appointment slots were fully booked
As of the time of writing
The tax app shows
Appointments for March 1, 2, 3, and 4 are all full
Future dates are still available for booking
Why is there such a big difference?
Some netizens have uncovered “the secret”
↓↓
Two different calculation methods make a huge difference
Attention!
Different tax calculation methods may determine
whether you owe additional taxes or get a refund
Separate taxation vs. combined taxation
Which one saves more money depends on the individual
Separate taxation means
Residents can choose not to include their annual bonus in the comprehensive income, and instead calculate tax based on the bonus divided by 12 months, using the monthly tax rate table to determine the applicable rate and quick deduction, then calculate tax separately.
Combined taxation means
Including the annual bonus into the total annual income and calculating tax together.
Warm reminder
For working professionals, usually salary income exceeds the annual bonus, so they can choose separate taxation, which applies a lower tax rate than combined taxation. Of course, you can choose each method once to see which results in a higher refund or lower additional tax.
Tax authorities remind
Taxpayers should honestly and lawfully complete their individual income tax settlement and are responsible for the truthfulness, accuracy, and completeness of the submitted information.
For serious cases such as false reporting or tampering with proof materials, tax authorities will handle them strictly according to law, include them on the key personnel list for tax supervision, and strengthen review of their tax filings over the next three years; in severe cases, they will initiate investigations and audits according to regulations.
Source: Chengdu Release
Source: Xihai Metropolitan Daily
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Refunded! Starting today, someone refunded over 30,000 yuan in the early morning.
March 1st
Many netizens’ first task at the start of the month
is to file for tax refunds!
For the 2025 tax year
Individual Income Tax Comprehensive Settlement
Starting today
The filing period is from March 1 to June 30
It’s still “more refund, less payment”
Early this morning, some netizens were already lining up for their refunds
▼
In an instant
Netizens shared their refund results
Some received hundreds, thousands, or even tens of thousands of yuan
▼
Some are happy, some are worried
One netizen said
They didn’t expect to owe additional taxes after filing for a refund
Another shared a screenshot
Showing they need to pay over 3,000 yuan extra
▼
Some also said
Not refunding or paying extra, they can sleep peacefully
▼
On March 1, all appointment slots were fully booked
As of the time of writing
The tax app shows
Appointments for March 1, 2, 3, and 4 are all full
Future dates are still available for booking
Why is there such a big difference?
Some netizens have uncovered “the secret”
↓↓
Two different calculation methods make a huge difference
Attention!
Different tax calculation methods may determine
whether you owe additional taxes or get a refund
Separate taxation vs. combined taxation
Which one saves more money depends on the individual
Separate taxation means
Residents can choose not to include their annual bonus in the comprehensive income, and instead calculate tax based on the bonus divided by 12 months, using the monthly tax rate table to determine the applicable rate and quick deduction, then calculate tax separately.
Combined taxation means
Including the annual bonus into the total annual income and calculating tax together.
Warm reminder
For working professionals, usually salary income exceeds the annual bonus, so they can choose separate taxation, which applies a lower tax rate than combined taxation. Of course, you can choose each method once to see which results in a higher refund or lower additional tax.
Tax authorities remind
Taxpayers should honestly and lawfully complete their individual income tax settlement and are responsible for the truthfulness, accuracy, and completeness of the submitted information.
For serious cases such as false reporting or tampering with proof materials, tax authorities will handle them strictly according to law, include them on the key personnel list for tax supervision, and strengthen review of their tax filings over the next three years; in severe cases, they will initiate investigations and audits according to regulations.
Source: Chengdu Release
Source: Xihai Metropolitan Daily