Countermeasures in transition period
According to the spirit of the the State Council executive meeting, from July 20 17 1 day, will the VAT rate of 13% be reduced to 1 1%, does it mean that/kloc-will not exist in the VAT invoicing system after July 1 day? There will still be a transition period or buffer period, during which, can I still issue VAT invoices at the rate of 13%?
As the document has not been published yet, it is impossible to determine this matter. This paper assumes that after July 1, invoices with the tax rate of 13% cannot be issued.
As far as the seller is concerned, for the goods with the tax rate of 1 3% sold by ordinary taxpayers before July 1, the VAT invoice will be issued after July1day, and the invoice with the tax rate of 13% cannot be issued. Because all the goods sold are signed, priced, accounted and entered into the system according to the tax rate of 13%, even some enterprises have declared the value-added tax according to the tax rate of 13% before invoicing. If only invoices with the tax rate of 1 1% can be issued, it will be difficult for enterprises to handle this. In this case, enterprises should take corresponding measures in advance, for example, uniformly stipulate that all invoices with 13% tax rate should be issued before June 30.
The same is true for the purchaser. Generally, taxpayers buy goods with the tax rate of 1 3% before July, and get VAT invoices after July 1. If the seller can't issue an invoice with the tax rate of 13%, enterprises should take precautions and ask suppliers to do so on June 30th.
At the same time, the business systems of some enterprises may be affected by this policy. For example, if the goods purchased before July 1 day are not invoiced, they will be estimated and recorded, and the business system will generate corresponding documents. VAT invoices with the tax rate of 1 3% obtained after July1day can be recorded in the system for related processing. However, if the VAT invoice with the tax rate of 1 1% is obtained, the system may not be able to process this batch of documents because of the large error.
In addition, enterprises need to pay attention to the issue of red-ink invoices. For example, for invoices issued before July 1 day, for various reasons, red-ink invoices need to be issued after July 1 day, so blue-ink invoices with the tax rate of 13% may not be issued. In this regard, taxpayers should try to avoid issuing red-ink invoices across July 1 day. Because some enterprises often need to issue red-ink invoices such as returns and discounts.
Influence of reducing tax rate on taxpayers
Adjusting the value-added tax rate will inevitably involve price issues.
1. The price remains unchanged before and after reducing the tax rate.
For the purchaser, if the purchase price remains unchanged, regardless of other factors, the input tax will decrease, the value-added tax will increase and the cash expenditure will increase.
Examples are as follows: Before July 1, the general taxpayer purchased goods1130,000 yuan, and the tax rate was 13%, and obtained a special VAT invoice, indicating that the tax amount was130,000 yuan, then: net cash inflow =-1.
After July 1, general taxpayers purchase goods1130,000 yuan and obtain special VAT invoices. Indicate that the tax amount is 1 1.20 million yuan (113 ÷1.1×1%
For the seller, if the sales price remains unchanged, the output tax will decrease, the value-added tax will decrease and the cash income will increase.
Examples are as follows: Before July 1, the proceeds from selling goods were1695,000 yuan, the tax rate was 13%, the output tax was195,000 yuan, and the net cash inflow was = 169.5-1.
After July 1, the proceeds from selling goods are1695,000 yuan, the tax rate is 1 1%, and the output tax is168,000 yuan (169.5 ÷/kloc-0.
2. Change the price accordingly before and after reducing the tax rate
For the purchaser, if the price is changed according to the change of tax rate, although the input tax amount is reduced, the corresponding payment amount is also reduced, and the net cash inflow remains unchanged.
Examples are as follows: Before July 1, the general taxpayer purchased goods1130,000 yuan with a tax rate of 13%, and obtained a special VAT invoice, indicating that the tax amount was130,000 yuan and the net cash inflow was =-1/kl.
After July 1, the general taxpayer purchased goods 1 1 ten thousand yuan, and obtained a special VAT invoice, indicating that the tax amount was11ten thousand yuan, and the net cash inflow was =-1/kloc-0.
For the seller, if the price is changed according to the change of tax rate, although the output tax is reduced, the corresponding collection amount is also reduced, and the net cash inflow remains unchanged.
Examples are as follows: Before July 1, the proceeds from selling goods were1695,000 yuan, the tax rate was 13%, the output tax was195,000 yuan, and the net cash inflow was = 169.5-1.
After July 1, the proceeds from selling goods are1665,000 yuan, the tax rate is 1 1%, and the output tax is16.5 (166.5 ÷1).
3. Summary To sum up, in theory, regardless of other factors, the tax rate is reduced. If the price remains unchanged, the net cash inflow of the buyer will decrease due to the decrease of the input tax, and the net cash inflow of the seller will increase due to the decrease of the output tax. If the price changes according to the change of tax rate, the net cash inflow of the buyer and the seller remains unchanged. If a taxpayer purchases goods at the tax rate of 13% and sells the goods at the tax rate of 13% at the same time, after the tax rate changes, the net cash inflow will not be affected by changing the price according to the tax rate change, which is the same as the above principle.