Make accounts, calculate taxes and pay taxes according to the advanced tax rate.

Generally, people copy contracts according to the tax-included price. After the tax rate is adjusted, we just need to convert the price with 17% tax into the price without tax, and then convert it into the price with 16% tax as the new tax-included price.

Price with 16% tax now = original price with 17% tax/(1+17%) × (1+16%).

How to adjust the export tax rebate rate after the adjustment of VAT rate in 20 19?

According to Article 3 of the Announcement on Deepening the Reform of Value-added Tax (Announcement No.39 of the General Administration of Customs of the State Administration of Taxation of the Ministry of Finance, No.2019), the export tax rebate rate for export goods and services that were originally subject to the tax rate of 16% was adjusted to 13%; For export goods and cross-border taxable activities that were originally subject to 10% tax rate and the export tax rebate rate was 10%, the export tax rebate rate was adjusted to 9%.

Before June 30th, 20 19 (including April 30th, 20 19), if the taxpayer exports the goods and services mentioned in the preceding paragraph and cross-border taxable acts mentioned in the preceding paragraph occur, the VAT exemption and refund method shall be applied; if the VAT has been levied at the pre-adjustment tax rate at the time of purchase, the export tax rebate rate before adjustment shall be implemented; if the VAT has been levied at the adjusted tax rate at the time of purchase. Where the VAT exemption and refund method is applicable, the export tax rebate rate before adjustment is implemented. If the applicable tax rate is lower than the export tax rebate rate when calculating the exemption and refund, the difference between the applicable tax rate and the export tax rebate rate shall be regarded as zero participation in the calculation of the exemption and refund.

The implementation time of export tax rebate rate and the time of export goods and services and cross-border taxable behavior shall be implemented in accordance with the following provisions: goods and services declared for export (except those exported through the bonded area) shall be subject to the export date indicated in the customs export declaration form; Goods and services exported without customs declaration and cross-border taxable activities shall be subject to the issuing time of export invoices or ordinary invoices; The bonded area and the goods exported through the bonded area shall be subject to the export date indicated on the record list of outbound goods issued by the customs when the goods leave the country.

What should I do to change the VAT rate? Financial personnel must remember that the VAT rate can't be maintained inconveniently all the time, but it will change accordingly in combination with specific policies and national conditions. For example, due to the epidemic, some places have preferential VAT rates for small-scale taxpayer enterprises, not 3%.