Can the prepaid consulting service fee be deducted?

The consulting service fee belongs to the VAT deduction item, and the general VAT taxpayer can use the special VAT invoice obtained when paying the consulting service fee as the input deduction.

Borrow: management fee-consulting service fee

Taxes payable-VAT payable-input tax

Loans: bank deposits/accounts payable

The executive meeting of the State Council held on March 18, 2065438 decided that from May 16, China will comprehensively push forward the pilot project of camp reform, including construction, real estate, finance and life service. Consulting service industry, the general taxpayer enterprise value-added tax rate is 6%.