Revenue decline or credit rating decline.

The reduction of fixed-amount invoices for individual merchants from 110,000 to 20,000 is due to a drop in income or a drop in credit rating. The business unit purchases the fixed-amount invoices from the tax department with the tax registration certificate and must go to the tax department within the specified time. If you pay taxes, failure to pay taxes on time will result in a decline in your credit rating.

The fixed amount invoice is specially printed by the tax bureau and does not need to be filled in. There is an invoice with a fixed amount. Small-scale taxpayers with annual taxable sales of less than 500,000 yuan and industrial taxpayers with annual taxable sales of less than 300,000 yuan should use fixed-amount invoices. There are 11 denomination versions of fixed-amount invoices, including small amounts of 10 yuan, 20 yuan, 50 yuan, 100 yuan, 200 yuan, 500 yuan, 1,000 yuan, 5,000 yuan, and 10,000 yuan. Taxpayers can choose a list of fixed-amount invoices to use according to business needs.