When it comes to personal income tax, there are two main methods: separate taxation and comprehensive taxation 📝. Separate taxation applies to specific types of income like dividends or bonuses, where they are taxed independently without being combined with other earnings 💰. This method can sometimes lead to lower tax rates for certain high-income individuals since the income is not aggregated with regular salary.

On the other hand, comprehensive taxation combines all sources of income—salary, bonuses, investment returns—into one total amount before calculating taxes ⚙️. This approach ensures a more equitable distribution of tax burden across different income levels as higher earners pay at progressive rates. It also helps simplify the tax filing process by consolidating various forms of income into a single declaration.

Choosing between these methods depends on individual financial situations and goals 🤔. While separate taxation might benefit those with diverse income streams, comprehensive taxation provides clarity and fairness in tax obligations. Always consult with a tax advisor to determine which option best suits your needs! 💡