The new personal income tax policy, which came into effect on January 1, 2019, is a boon for salaried workers, allowing them to pay less personal income tax, but not so friendly to HR. It is important to know that the new individual tax policy is the first annual comprehensive tax calculation, which has changed the practice of monthly tax calculation, but the enterprise has to withhold tax on a monthly or monthly basis. In addition, the individual tax policy is adjusted and improved, employees can also apply for special additional deductions at any time according to their own circumstances, which makes the HR rules in the calculation of wages have changed greatly, before each declaration, We need to know the additional information of the special staff, and carry out the annual accumulation to double the workload. For companies with more molecular companies, HR needs to switch different corporate accounts frequently when paying individual income tax, log in to the individual tax declaration system, and operate back and forth between the compensation system and the tax bureau system. It is also very easy to make mistakes. .
In order to cooperate with the reform of the new tax law and the difficulty of calculating the salary after the declaration of special additional deduction information of individual income tax, the core human cloud of Beisen Cloud Computing Co., Ltd. launched the solution of Beisen individual tax pass, seamless connection of salary management products and tax system, can calculate the salary and individual tax payable with one click, easily complete the employee individual tax declaration and payment.
For HR, due to the implementation of the cumulative withholding method, the difficulty of salary calculation is greatly increased. The use of tools to help HR salary calculation is driven by the form, and Beisen's personal tax Pass product has the ability to get rid of the tax declaration client; One salary and tax, no import and export; Direct submission of personnel information; Automatic synchronization of tax logic, calculation of individual tax results; One key declaration of comprehensive income five functions, so that HR in personal income tax calculation and declaration "tax calculation, easy to declare".
In conventional salary calculation, it is necessary to open both the salary system and the tax bureau system at the same time. After exporting the cumulative data from the tax bureau system, HR should first calculate in the salary system, and then import the salary data into the tax bureau system, compare the individual tax results calculated by the two parties, find out the difference and confirm repeatedly, which makes HR switch back and forth between the tax bureau and the tax bureau system in the process of operation. Compared with each other, the switching frequency should be more than 5 steps. If there is any problem during the application, it will need to be adjusted next month, which will lead to repeated work and low efficiency of HR.
The personal tax Pass product of Beisen is integrated in iTalent simultaneously with the salary system of Beisen. HR can operate directly in iTalent without repeated system switching.
When submitting the information of tax paying personnel, the system can synchronize the information of current tax paying personnel at the same time, HR can clearly query the information of newly added, reduced and stopped personnel in this period, and adjust according to the business, and submit it with one key after confirming the list.
In the calculation of salary and individual tax payable, the system automatically synchronizes the data of accumulated special additional deduction and accumulated tax amount, and synchronizes the tax calculation logic of the tax bureau to quickly calculate individual tax payable and after-tax income, ensuring the accuracy of individual tax calculation and avoiding the influence of various factors such as employee entry and departure, cumulative limit, rule adjustment, employee special additional deduction, payment type and so on. Significantly improve the efficiency of HR and finance staff. In addition, the individual tax calculation also supports a variety of scenarios, including normal salary calculation, labor costs, separation compensation, year-end bonuses, etc.
In the individual income tax declaration, according to the withholding agent through step by step, can check the employee's individual income tax payment situation, so that the check is clearer, and comprehensive income declaration, more convenient operation.
After the declaration is completed, the "To be paid" TAB page of online payment will appear in the system for summary, and the "Paid" TAB page will appear after the payment is completed. It is worth noting that payment can only be made in the data declared by the Individual tax Pass, and the payment data only includes the content of the operation of the individual tax Pass, and only the enterprise can make payment if it has signed a tripartite deduction agreement with the tax bureau and the bank.
Beisen's Personal Tax Pass solution can complete the whole process of tax calculation and declaration in just two steps. More importantly, there is no need to switch between the salary system and the tax bureau system in the whole process, which significantly improves the work efficiency of HR and financial staff.
As more and more innovation forms appear in the field of HR, technology is changing the daily working habits and ways of HR. Beisen's solution of Personal tax Pass is bound to make HR who are troubled by the new policy of personal income tax feel that salary calculation is really not so difficult. Beisen will, as always, further practice its expertise in digital application, promote the integration of products and services in the field of human resources services, and provide help for talent management of enterprises.
About Beisen
Beisen, an integrated talent management cloud platform, provides enterprises with integrated SaaS software and services covering the whole process of HR business, such as assessment, recruitment, organizational personnel, compensation, leave attendance, performance, succession, investigation, On-boarding, etc., and meets the personalized and independent development needs of medium and large enterprises through its own PaaS platform. Every day, more than 5,000 medium and large enterprises, more than 160,000 HR employees and more than 15 million enterprise employees are using Beisen's innovative HR technology products and services. Beisen Cloud platform adds nearly 10 million talent evaluation data and hundreds of millions of recruitment data every year, and processes more than 1 billion pieces of data every day. For more information, please visit our website.
