Taxpayers of value-added tax are divided into general taxpayers and small-scale taxpayers. The threshold for general taxpayers is relatively high. Most start-ups start with small-scale taxpayers, and the tax rate applicable to small-scale taxpayers is 3%. It is worth mentioning that small-scale taxpayers whose current quarterly sales do not exceed 90,000 can be exempted from VAT. I believe this is really a real discount for most startups. However, we remind entrepreneurs that if the quarterly sales exceed 90,000, then all sales should be subject to VAT, not just the excess. For example, if the sales amount reaches 6,543,800+million, then the value-added tax should be calculated and paid based on 6,543,800+million, not just the excess of 6,543,800+million. For this reason, when the quarterly sales are close to 90,000, there is room for tax planning (reasonable tax avoidance).
It is no exaggeration to say that enterprise income tax should be the most complicated tax in all taxes, and there is no one. Without relevant knowledge of accounting and tax law, it is impossible to deeply understand enterprise income tax. Entrepreneurs come from all walks of life, and it is impossible to require every entrepreneur to be proficient in accounting and tax law. Therefore, we omit complicated calculation methods, tax scope and special provisions unrelated to entrepreneurship, and sort out the knowledge points that entrepreneurs should know about corporate income tax.
The corporate income tax rate is 25%. Simply put, if your income is 100 yuan, you should pay enterprise income tax in 25 yuan. High-tech enterprises, software enterprises and qualified Qianhai companies can apply the tax rate of 15%. It is a tax on income, and income can probably be understood as the surplus after deducting the costs and expenses identified by the tax authorities.