1 October 20 18, 1 to February 2020, 12, 3 1, the upper limit of the annual taxable income of small and low-profit enterprises is raised from 500,000 yuan to 1 10,000 yuan, and the annual taxable income is lower than/kloc-.
2. What taxes do small and micro enterprises need to pay? The taxes that small and micro enterprises need to pay are:
1. value-added tax (6- 16%), service industry 6%, sales service industry 16%, construction and installation 1 1%, and the VAT rate is approved according to the business scope.
2. VAT surcharge 12%, which is paid according to 12% of VAT (Legal Express reminds you that urban construction is 7%, education is 3%, and local education is 2%).
3. In the later period, declare enterprise income tax according to the annual net profit on the company's books. Revenue-cost-expense = net profit. For general enterprises, the total assets 1000 W or more, the number of employees 1000 or more, and the total annual profit of 50 W or more, the enterprise income tax is paid at 25% of the net profit.
4. Personal income tax: If shareholders pay dividends, they need to pay 20% personal income tax, which shall be borne by the shareholders, but withheld and remitted by the enterprises that distribute the profits.
5. Stamp duty: The company needs to pay stamp duty when actually paying the registered capital and signing the contract, but the stamp duty rate is very low, and the general tax revenue is not high.
Three. What are the preferential tax policies for small and micro enterprises? The specific provisions are as follows:
1. Monthly sales of less than 30,000 yuan are exempt from VAT.
2. Bank loan contracts signed by small enterprises and micro enterprises are exempt from stamp duty.
3. Small and micro enterprises whose annual income does not exceed 500,000 yuan shall be subject to enterprise income tax at half.
4. Interest income obtained by financial institutions in granting small loans shall be exempted from VAT.