VAT allowance is VAT allowance. When the enterprise's VAT input tax is greater than the VAT output tax, the difference between them is the VAT allowance. VAT exemption is usually carried forward to the next tax cycle, and VAT is deducted in the next tax cycle. After the implementation of the corresponding tax allowance system in China, State Taxation Administration of The People's Republic of China also began to handle the tax refund business of tax allowance, which can alleviate the financial pressure and play a positive role in expanding enterprise reproduction.
The current output tax minus the current input tax is the tax payable by the general taxpayer. The retention tax is cumulative and there is no time limit. It can be deducted by the output tax of the next month. If the input tax has been certified, but the output tax has not occurred, it can be accumulated until next month.
About the calculation of tax allowance, about stock tax allowance and incremental tax allowance. The allowable tax refund amount of tax allowance is calculated according to the balance of tax allowance, including incremental tax allowance and stock tax allowance.
Stock tax allowance refers to the tax allowance formed by taxpayers before the implementation of the tax refund system. When determining the stock allowance, the taxpayer's final allowance of 2065438+the end of March 2009 is the standard value. If the taxpayer's tax credit at the end of this period is greater than the tax credit at the end of March 20 19, the amount at the end of March 20 19 shall be used as the stock tax credit. If the taxpayer's period-end tax allowance is less than 2065438+the period-end tax allowance at the end of March 2009, the taxpayer's period-end tax allowance is the stock tax allowance. It should be noted that after the stock allowance is refunded in one lump sum, the stock allowance is zero.
Incremental tax allowance refers to the newly increased tax allowance of taxpayers after the implementation of the tax refund system, that is, 1, April 2065438. As mentioned above, if the taxpayer's current period-end tax allowance is greater than the period-end tax allowance of 2065438+the end of March 2009, the increased part is the incremental tax allowance. It should be noted that once the taxpayer obtains the stock tax refund, it is no longer necessary to compare it with the final tax allowance of 2065438+the end of March 2009, and the current final tax allowance is the incremental tax allowance.
In the tax deduction voucher included in the calculation of input composition ratio, the fully digital electronic invoice with the words "special VAT invoice" and the electronic ordinary invoice of toll road toll VAT included in the input deduction voucher are added as the numerator of the calculation formula of input composition ratio. This adjustment is also applicable to the old policy that continues to be implemented.
Legal basis:
"People's Republic of China (PRC) Tax Collection and Management Law" Article 3 The collection, suspension, reduction, exemption, refund and overdue tax of taxes shall be implemented in accordance with the provisions of the law; Where the State Council is authorized by law, it shall be implemented in accordance with the administrative regulations formulated by the State Council.
No organ, unit or individual may, in violation of the provisions of laws and administrative regulations, arbitrarily make decisions on tax collection, suspension, tax reduction, exemption, tax refund, overdue tax and other decisions inconsistent with tax laws and administrative regulations.