At present, small-scale taxpayers whose total monthly sales amount is less than 1, yuan (inclusive) are exempt from VAT, and small-scale taxpayers who collect accounts through audit pay taxes on a quarterly basis, and those whose quarterly invoices do not exceed 3, yuan are exempt from VAT; Full tax of more than 3,.
individual income tax shall be levied at 35% on the income from production and operation of self-employed households, and the annual taxable income exceeds 1, yuan. Taxable income = total annual income-costs, expenses and losses, and the deduction standard for expenses is 42, yuan/year (3,5 yuan/month).
This answer is provided by Youhuahua, which is a credit platform under Duxiaoman Finance. Duxiaoman Finance will effectively implement the call of the state to support small and micro enterprises to tide over the difficulties and fully support small and micro production and operation. Most small and micro owners choose Youhuahua to meet the turnover needs of small and micro operations. It is reported that 7% of the credit users of Xiaoman Finance are small and micro business owners. Up to now, Xiaoman Finance has joined hands with dozens of financial partners to issue hundreds of billions of loans to small and micro business owners, so that the capital turnover can be found in Xiaoman Finance, and the big brands are more at ease.