Recently, the State Administration of Taxation issued the Announcement on Handling the Final Settlement of Comprehensive Income of Individual Income Tax in 2022, specifying that the final settlement of 2022 will be conducted from March 1 to June 30, 2023. The implementation of the new individual income tax law in 2019 marks the establishment of a comprehensive and classified individual income tax system in China. The new tax law requires that after the end of the year, taxpayers should collect the four comprehensive income, including wages and salaries, labor remuneration, manuscript remuneration and royalties, for consolidated tax calculation, handle the final settlement with the tax authorities and settle the tax refundable or payable. The relevant person in charge of the State Administration of Taxation said that thanks to the joint efforts of taxpayers, withholding agents, intermediaries, relevant departments and other sectors of society, the first three final settlements were stable and orderly, and the convenience and refinement of the final settlement system were constantly improved. Therefore, the Announcement generally continues the basic framework and main contents of the previous three final settlement announcements. The Announcement clearly states that after the end of 2022, individual residents need to summarize the amount of income from four comprehensive income items, including wages and salaries, labor remuneration, royalties and royalties, obtained from January 1 to December 31, 2022, after deducting 60000 yuan of expenses and special deductions, special additional deductions, other deductions determined by law and qualified donations to public welfare and charitable undertakings, the comprehensive income individual income tax rate shall be applied and the quick calculation deduction shall be deducted, Calculate the final tax payable, deduct the tax prepaid in 2022, get the tax refundable or payable, and report to the tax authority and handle the tax refundable or payable. According to the Announcement, taxpayers who have prepaid individual income tax according to law in 2022 and meet one of the following conditions do not need to handle the final settlement: the final settlement requires supplementary tax but the comprehensive income does not exceed 120000 yuan in the whole year; The amount of supplementary tax required for final settlement is not more than 400 yuan; The prepaid tax amount is consistent with the final tax payable; Those who meet the conditions for final tax refund but do not apply for tax refund. It is noteworthy that the scope of "pre-tax deduction available" is expanded this year. In 2022, China has successively set up the special additional deduction of individual income tax for the care of infants and young children under 3 years of age, and implemented the individual income tax policy related to individual pension. Accordingly, this year, the special additional deduction for the care of infants and young children under 3 years of age, personal pension and other provisions that can be deducted in the final settlement have been added. "The establishment of special additional deductions for the care of infants and young children under the age of 3 is conducive to reducing the burden of individual rearing infants and young children, and reflects the encouragement and care of the state for the people's childbearing and rearing. The deduction of individual pensions from comprehensive income according to the facts reduces the burden of taxpayers' pension, diversifies and enriches pension products, and promotes the development of the third pillar of pension." said Li Xuhong, director of the Institute of Finance and Tax Policy and Application of Beijing National Institute of Accounting. This year, on the basis of ensuring the normalization of optimized services, the final settlement has launched a series of new service measures. First, the scope of preferential tax refund services has been further expanded. On the basis of the preferential tax refund for taxpayers with "old and young" and heavy medical burden in 2021, the scope of preferential tax refund service will be further expanded. First, the scope of "young and old" will be extended to taxpayers who have filled in the special additional deduction for infant care under 3 years old; The second is to collect in 2022