1. In the notice, "monthly sales do not exceed 20,000 yuan" and "monthly turnover does not exceed 20,000 yuan" mean that the monthly sales or turnover is below 20,000 yuan (including 20,000 yuan, the same below). If the monthly sales or turnover exceeds 20,000 yuan, the value-added tax or business tax shall be paid in full. ?
2. Among small-scale VAT taxpayers and business tax taxpayers whose tax payment period is 1 quarter, enterprises or non-enterprise units whose quarterly sales or turnover does not exceed 60,000 yuan (including 60,000 yuan, the same below) may be temporarily exempted from VAT or business tax in accordance with the provisions of the Notice. ?
3. Where an enterprise or non-enterprise unit among small-scale VAT taxpayers concurrently engages in business tax items, the sales and turnover of business tax items shall be accounted for separately. If the monthly sales do not exceed 20,000 yuan (60,000 yuan for quarterly tax payment), the value-added tax will be temporarily exempted, and if the monthly turnover does not exceed 20,000 yuan (60,000 yuan for quarterly tax payment), the business tax will be temporarily exempted. ?
4. Small-scale VAT taxpayers are enterprises or non-enterprise units, and their monthly sales are less than 20,000 yuan (60,000 yuan is paid quarterly). In the current period, because special VAT invoices (including special VAT invoices for goods transportation) and ordinary invoices have been paid, they can apply for tax refund to the competent tax authorities after all the invoices are recovered. ?
Extended data
Tax rate after changing business tax to value-added tax:
According to the actual tax burden of business tax in the pilot industries, the VAT rate of land transportation, water transportation, air transportation and other transportation industries is basically between 1 1%- 15%, and the modern service industries such as R&D and technical services, information technology, cultural creativity, logistics assistance and forensic consulting services are basically between 6%-/kloc-0.
In order to keep the overall tax burden of the pilot industries from increasing, two low tax rates, 1 1% and 6%, are selected for the pilot reform, which are applicable to the transportation industry and some modern service industries respectively.
The advertising agency industry belongs to the scope of changing business tax into value-added tax, and the tax rate is 6%.
Advertising service refers to the business activities that use books, newspapers, magazines, radio, television, movies, slides, street signs, posters, window displays, neon lights, light boxes, commercial services, cultural and sports programs or announcements, statements and other entrusted matters to publicize and provide related services. Including advertising planning, design, production, release, broadcast, publicity and display.
References:
State Taxation Administration of The People's Republic of China-Announcement on issues related to the temporary exemption of some small and micro enterprises from VAT and business tax policies.
References:
Baidu Encyclopedia-VAT