1. Small-scale VAT taxpayers and business tax taxpayers whose monthly sales or turnover does not exceed 30,000 yuan (including 30,000 yuan, the same below) shall be exempted from VAT or business tax in accordance with the provisions of the above documents. Among them, small-scale VAT taxpayers and business tax taxpayers whose tax payment period is 1 quarter and their quarterly sales or turnover does not exceed 90,000 yuan shall be exempted from VAT or business tax according to the above documents.
Second, small-scale VAT taxpayers engaged in business tax taxable items should separately calculate the sales of VAT taxable items and the turnover of business tax taxable items. If the monthly sales amount does not exceed 30,000 yuan (90,000 yuan is paid quarterly), the value-added tax shall be exempted; If the monthly turnover does not exceed 30,000 yuan (90,000 yuan is paid quarterly), the business tax shall be exempted.
3. If the monthly sales of small-scale VAT taxpayers do not exceed 30,000 yuan (90,000 yuan is paid quarterly), the tax paid in the current period due to the issuance of special VAT invoices (including special VAT invoices for cargo transportation) can be refunded to the competent tax authorities after all the special invoices are recovered repeatedly or red special invoices are issued according to regulations.
Notice of the Ministry of Finance and State Taxation Administration of The People's Republic of China on Implementing the Decision of the Central the State Council on Strengthening Technological Innovation, Developing High-tech and Realizing Industrialization (Cai Shui [1999] No.273)
Content: Taxpayers pay VAT on the income from selling their own software products. Computer software registered with the National Copyright Administration and transferring its copyright and ownership at the time of sale pays business tax, but does not pay value-added tax.
Small-scale self-issued special VAT invoices need to be taxed after reaching the threshold. And fill in according to the following methods:
The tax payable on special invoices issued by pilot taxpayers shall be reported to the competent tax authorities within the prescribed tax reporting period. When filling in the VAT tax return, the sales amount of special invoices issued in the current period should be filled in the corresponding columns of column 2 and column 5 of the VAT tax return (applicable to small-scale taxpayers) according to the collection rates of 3% and 5%.
On the issue of value-added tax for small-scale enterprises, export declarations and the like are needed, and invoices are not needed.
Whether tax exemption depends mainly on qualifications. If it is self-export, that is to say, it has the right to import and export, you can get the tax refund rate and tax refund directly according to the amount on the purchase invoice, regardless of whether it is a small-scale or ordinary taxpayer.
What is the starting point of small-scale VAT collection? The monthly sales amount does not exceed 30,000 yuan, and the quarterly sales amount does not exceed 90,000 yuan, which is exempt from value-added tax. More than full tax.
How to Pay Small-scale Value-added Tax According to Article 11 of the Provisional Regulations on Value-added Tax in People's Republic of China (PRC), small-scale taxpayers who sell goods or taxable services shall adopt a simple method to calculate the tax payable according to the sales volume and the collection rate, and shall not deduct the input tax. The collection rate of value-added tax for small-scale taxpayers is 3%.
Taxable amount = sales excluding tax ×3%
Sales excluding tax = sales including tax ÷( 1+3%)
Namely: VAT payable = sales including tax ÷( 1+3%)×3%.
According to you, the income of 5,000 yuan should be tax-included sales for small-scale taxpayers.
Therefore, the payable value-added tax = 5000 ÷ (1+3%) × 3% =145.63 yuan.
Small-scale taxpayers are different from ordinary taxpayers, and their input tax cannot be deducted.
Urban construction tax and education surcharge in local taxes are calculated and paid according to the actual value-added tax, urban construction tax rate and education surcharge of 3%. Urban construction tax rate is 7% for cities, 5% for counties and townships, and 1% for cities, counties and townships).
What is the tax threshold for small-scale enterprises? The Announcement of State Taxation Administration of The People's Republic of China City, People's Republic of China (PRC) on Issues Related to Exemption of Small and Micro Enterprises from Value-added Tax and Business Tax (Announcement No.57 of State Taxation Administration of The People's Republic of China No.2014) clearly states that taxpayers whose quarterly sales do not exceed 90,000 yuan (including 90,000 yuan) shall be exempted from value-added tax.
How do new companies and small-scale enterprises levy VAT? Small-scale taxpayers are not allowed to buy and use special invoices. In order to strengthen the management of special VAT invoices without affecting the production and operation of small-scale taxpayers, the tax office may issue special VAT invoices for small-scale enterprises. The scope of issuing special VAT tickets by the tax office is limited to enterprises and business units (hereinafter referred to as small-scale enterprises) that can conscientiously fulfill their tax obligations and need to be approved by the county (city) State Taxation Bureau.
Our company is a small-scale taxpayer, and 500 yuan has value-added tax, which is tax-free. At the beginning, we should make an entry: debit: tax payable-VAT payable. Because non-operating income is a profit and loss account, it directly affects the current profit. If the non-operating income is still used this month, the profit of this year will be inflated, but the actual profit is the previous year. Therefore, it is necessary to adjust the account through the profit and loss of previous years.
Entry:
Debit: tax payable-value-added tax payable, credit: profit and loss adjustment of previous years.
Adjust loan profit distribution with previous year's profit and loss-undistributed profit
Regarding the value-added tax paid by small-scale enterprises, your income can be counted as tax. If it includes tax, it must be converted into tax-free income first, and then the tax is calculated.
Small-scale tax rate 3%
Indeed
7000/( 1+3%)*3%=2038.84