1. Small-scale taxpayers of value-added tax shall separately account for sales of goods or processing, repair and replacement services, sales of services and intangible assets;
2. Small-scale VAT taxpayers whose monthly sales of goods or processing, repair and replacement services do not exceed 30,000 yuan (paying 90,000 yuan quarterly) and whose monthly sales of services and intangible assets do not exceed 30,000 yuan (paying 90,000 yuan quarterly) can enjoy the preferential policies of temporarily exempting small and micro enterprises from VAT. The relevant issues concerning the inclusive income tax reduction and exemption policy for small and low-profit enterprises are hereby announced as follows:
(1)20 19 to 202 1 to 202 12+3 1 The annual taxable income of small and low-profit enterprises is included in the taxable income at the tax rate of 25%. If the annual taxable income exceeds 6,543,800 yuan but does not exceed 3 million yuan, it will be included in the taxable income at a reduced rate of 50%, and enterprise income tax will be paid at a reduced rate of 20%. Small and low-profit enterprises can enjoy the above preferential policies regardless of whether they pay enterprise income tax in accordance with the audit collection method or the approved collection method;
(2) The term "small-scale, low-profit enterprises" as mentioned in this announcement refers to enterprises engaged in industries that are not restricted or prohibited by the state, and meet the three conditions of annual taxable income not exceeding 3 million yuan, employees not exceeding 300, and total assets not exceeding 50 million yuan.
(3) Income tax of small and meager profit enterprises shall be paid in advance quarterly.
Legal basis: Article 11 of the Provisional Regulations on Value-added Tax in People's Republic of China (PRC).
Small-scale taxpayers engaged in taxable sales 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. Calculation formula of tax payable:
Taxable amount = sales amount x collection rate
The standard of scale taxpayers shall be stipulated by the competent departments of finance and taxation of the State Council.
Article 12
The rate of small-scale taxpayers' VAT collection is 3%, unless otherwise stipulated by the State Council.
Article 13
Taxpayers other than small-scale taxpayers shall register with the competent tax authorities. The specific measures for registration shall be formulated by the competent tax authorities of the State Council.
Small-scale taxpayers with sound accounting and accurate tax payment information may register with the competent tax authorities. For non-small-scale taxpayers, the tax payable shall be calculated in accordance with the relevant provisions of these regulations.