Good morning! Today we will share some important information about personal income tax to help you better understand how to calculate and handle personal income tax.
The calculation of personal income tax involves several steps: First, calculate the taxable income and consider some deductible expenses. Then, determine the applicable tax rate based on your income. Next, the personal income tax amount is calculated and the tax paid is deducted.
Remember to check the latest tax regulations and pay personal income tax within the prescribed time. If you have any questions, please feel free to consult the finance team.
Have a nice day everyone!