According to the Enterprise Income Tax Law of People's Republic of China (PRC) and the Individual Income Tax Law of People's Republic of China (PRC), enterprises can include the cost of producing and operating vehicles in their costs, thus reducing the taxable income. However, the following conditions need to be met: it must be a company vehicle: only vehicles under the company name can enjoy the deduction. Must be used for the company's business: the refueling fee must be used for the company's production and business activities and not for private consumption. There must be an invoice: enterprises need to save the refueling invoice and provide it when filing tax returns. In addition, we need to pay attention to the following points: Deduction ratio: According to the Notice of State Taxation Administration of The People's Republic of China, Ministry of Finance of People's Republic of China (PRC) on Several Issues concerning Enterprise Income Tax, enterprises can include the refueling cost in the cost according to 70% of the actual amount. However, if sufficient supporting materials can be provided to prove that the refueling expenses are all or part of the production and operation activities, they can be included in the cost in whole or in part. Reimbursement limit: enterprises can set the reimbursement limit of refueling expenses according to the actual situation, but it cannot exceed the national standard.
Does the company need to pay VAT after deducting the vehicle refueling fee? After deduction, the refueling cost has been included in the cost, and there is no need to pay VAT.
The company's vehicle refueling can be tax deductible, but it needs to meet certain conditions. Enterprises should pay attention to saving invoices and set reimbursement limits according to actual conditions. At the same time, we should also pay attention to other relevant tax policies and regulations.
Legal basis:
"Provisional Regulations on Vehicle Purchase Tax in People's Republic of China (PRC)" Article 12 Goods transport vehicles, taxis, highway passenger vehicles, urban public transport vehicles, special vehicles for sanitation, etc. If the taxpayer purchases it, it can be deducted from the current tax payable according to the regulations with the special purchase tax invoice.