Answering the questions: "PIT - what is it?To whom is it applicable? ", We can note the following. All individuals who have been in the country for more than half a year are tax residents. It is for this category of citizens that the beginning of a new year is not only happy holidays, but also a period when one should sum up the past one. It is necessary to calculate all the income received over the past time and to reflect them in the declaration. Many businessmen, asking what personal income tax is, cannot figure out what type of document they need to fill out.
What type of declaration should individuals fill out?
Currently, citizens engaged inthe territory of our country a certain business activity, in accordance with the law are required to take the form 3-NDFL. This requirement is relevant for the majority of residents of the Russian Federation who received any income. This also applies to individuals who receive monetary remuneration at their place of work, including additional sources of financing.
What data the 3-NDFL declaration should contain
The person asking: "PIT - what is it?", clearly does not know what information should be indicated in the form when submitting this document. Such data can now be found on some Internet resources telling how to fill out this or that declaration. Every citizen should remember that it is mandatory to fill in 3 -NDFL should be correct.To do this, you must specify the amount of income received during the activities.Then you will need to calculate the amount of tax that should be paid for the reporting year to the city or regional budget. Also, the citizen must pay attention mania and the figures that the state is obliged to reimburse the entrepreneur.
How to reduce your taxable annual income
Get complete information on all reports (andincluding: personal income tax - what is) if necessary, you can in the tax authorities themselves. They will advise the citizen how to correctly fill out a specific declaration, indicate the main types of payments, and also explain the possibility of using legal deductions, which, in fact, will help reduce the taxable annual income of a citizen. Experts will recall that lawmakers have specified a strict timeframe, which should submit a tax return on the form 3-NDFL.
Taxpayer to the question: "NDFL - what is it?", it is possible to answer in such a way that it is the main document for reporting incomes for a certain period. The declaration should be completed in full compliance with the existing requirements that are set out in the legislation. For example, in order for the document to be checked and adopted, exact data on the taxpayer himself, that is, his F. I. O., address of permanent residence, TIN, and passport data. The correctly calculated amounts in the declaration should be indicated in the appropriate boxes. Samples were, the employees of tax inspection should not have any issues, and the taxpayer can work in peace, without fear of any penalties and a court challenge.
