Current location - Education and Training Encyclopedia - Educational Knowledge - What does the second tax refund mean?
What does the second tax refund mean?
The second tax refund refers to the operation of applying for a tax refund again after the tax refund or supplementary tax has been made.

The second tax refund refers to the operation of applying for a tax refund again after the tax refund or supplementary tax has been made. In fact, the second tax refund is to correct the information filled in or omitted before, and declare the missing year again to get more tax refund. This is a legal way of tax refund, including excessive levy due to work mistakes and policy tax refund.

How to calculate the tax rate?

The personal income tax exemption amount is 5000 yuan, and the specific calculation formula for paying individual tax is: monthly taxable income = pre-tax income -5000 yuan (threshold)-special deduction (three insurances and one gold, etc.). )-special additional deduction-other deductions determined according to law; Tax amount = monthly taxable income * tax rate-quick deduction.

Special deductions include basic old-age insurance premium, basic medical insurance premium, unemployment insurance premium and housing accumulation fund. ; Special additional deductions include children's education, continuing education, housing loan interest or housing rent, support for the elderly and serious medical expenses. Other deductions determined according to law include donations. Other deductions determined according to law include donations, etc.

Among them, the monthly deduction standard of housing loan interest is 1000 yuan, and the longest deduction time is 240 months, which can be deducted by one or both spouses in proportion; The deduction standard of housing rent is from 800 yuan to 1500 yuan per month. Different cities have different deduction standards, which are generally divided according to the population of the city.

The collection scope of personal income tax includes wages, salaries, royalties, business income, labor remuneration, interest, dividends, bonus income, property lease income, property transfer income, accidental income and other income.

I hope the above content can help you. Please consult a professional lawyer if you have any other questions.

Legal basis: Article 3 of People's Republic of China (PRC) Tax Collection and Management Law.

The collection and suspension of taxes, as well as the reduction, exemption, refund and overdue tax, shall be implemented in accordance with the provisions of the law. Where the State Council is authorized by law, it shall be implemented in accordance with the administrative regulations formulated by the State Council. No organ, unit or individual may, in violation of the provisions of laws and administrative regulations, arbitrarily make decisions on tax collection, suspension, tax reduction, exemption, tax refund, overdue tax and other decisions inconsistent with tax laws and administrative regulations.

Article 4

Units and individuals who are obligated to pay taxes according to laws and administrative regulations are taxpayers. Units and individuals that have the obligation to withhold and pay taxes according to laws and administrative regulations are withholding agents. Taxpayers and withholding agents must pay taxes, withhold and remit taxes and collect and remit taxes in accordance with the provisions of laws and administrative regulations.