Extended data
Excerpts from the Interim Measures for the Administration of Establishing Accounts for Individual Industrial and Commercial Households;
Article 1 In order to standardize and strengthen the tax collection and management of individual industrial and commercial households and promote individual industrial and commercial households to strengthen economic accounting, these measures are formulated in accordance with the Law of People's Republic of China (PRC) on Tax Collection and Management (hereinafter referred to as the Tax Collection and Management Law) and its detailed rules for implementation, and the Notice of the State Council on Approving the Opinions of People's Republic of China (PRC) and State Taxation Administration of The People's Republic of China on Strengthening Tax Collection and Strengthening Audit Collection of Individual and Private Economy.
Article 2 All individual industrial and commercial households engaged in production and business operations and having fixed production and business premises shall set up, use and keep account books and vouchers in accordance with the provisions of laws, administrative regulations and these Measures, and keep accounts according to legal and valid vouchers.
At the same time, the tax authorities should take effective measures to consolidate the achievements of establishing account books, actively guide individual industrial and commercial households to establish and improve account books, correctly calculate and truthfully declare and pay taxes.
Article 3 Individual industrial and commercial households under any of the following circumstances shall set up double-entry accounts:
(a) the registered capital of more than 200 thousand yuan.
(2) Taxpayers sell VAT taxable services or the monthly sales (business) amount of business tax taxpayers is more than 40,000 yuan; The monthly sales of VAT taxpayers engaged in the production of goods are more than 60,000 yuan; The monthly sales of VAT taxpayers engaged in the wholesale or retail of goods are above 80,000 yuan.
(three) other circumstances in which the provincial tax authorities determine that a double-entry account should be established.
Article 4 Individual industrial and commercial households that meet any of the following circumstances shall set up simple accounts and actively create conditions to set up double accounts:
(1) Its registered capital is between 654.38 million yuan and 200,000 yuan.
(2) The monthly sales (business) amount of taxpayers selling VAT taxable services or business tax is10.5 million yuan to 40,000 yuan; The monthly sales of VAT taxpayers engaged in the production of goods are between 30,000 yuan and 60,000 yuan; The monthly sales of VAT taxpayers engaged in the wholesale or retail of goods are between 40,000 yuan and 80,000 yuan.
(three) other circumstances in which the provincial tax authorities determine that a simple account should be established.
Article 5 The above-mentioned monthly sales or turnover of taxpayers refers to the average monthly sales or turnover of individual industrial and commercial households in the previous tax year; Average monthly sales or turnover of newly established individual industrial and commercial households in that year.
Article 6 Individual industrial and commercial households that do not meet the above accounting standards may, with the approval of the tax authorities at or above the county level, set up a receipt and expenditure voucher paste book, a purchase and sale register or use a tax control device in accordance with the provisions of the Tax Administration Law.
Article 7 Individual industrial and commercial households that meet the standards for establishing account books shall choose to establish a double account or a simple account according to their own production and operation conditions and the conditions for establishing account books as stipulated in these Measures, and report to the competent tax authorities for the record. Once the account book method is determined, it shall not be changed within a tax year.
Article 8 Individual industrial and commercial households that meet the standards for establishing account books shall establish account books and handle accounts in accordance with the relevant provisions of laws, administrative regulations and these Measures within 15 days from the date of obtaining business licenses or assuming tax payment obligations, and shall not forge, alter or destroy account books, accounting vouchers, tax payment vouchers and other relevant materials without authorization.
Article 9 Individual industrial and commercial households with double entry bookkeeping shall set up general ledger, subsidiary ledger and journal. Conduct financial accounting in accordance with the Accounting System for Individual Industrial and Commercial Households (Trial), and truthfully record financial revenues and expenditures. Costs, expenses and other financial and accounting provisions shall be implemented in accordance with the Measures for the Taxation of Individual Income Tax of Individual Industrial and Commercial Households (Trial).
Individual industrial and commercial households with simple accounts shall set up operating income accounts, operating expense accounts, commodity (material) purchase accounts, commodity (material) inventory statements and income statements, record and reflect the production and operation in the form of income and expenditure, and conduct simple accounting.
Article 10 The cash account book, deposit journal and general ledger in the double-entry account book must use customized versions, and other account books can choose loose-leaf books according to actual business conditions. Simple account books should be customized.
Account books and vouchers shall be filled in, bound or pasted in the order of occurrence.
When establishing account books, all kinds of account books, accounting vouchers, statements, tax payment vouchers and other relevant tax-related materials shall be kept 10 year.
Eleventh individual industrial and commercial households with double-entry bookkeeping shall submit financial and accounting statements and relevant tax payment materials to the local competent tax authorities in accordance with the regulations when handling tax returns. Monthly accounting statements should be submitted within 10 days after the end of the month, and annual accounting statements should be submitted within 30 days after the end of the year.
Refer to State Taxation Administration of The People's Republic of China, People's Republic of China (PRC)-Interim Measures for the Administration of Account Establishment of Individual Industrial and Commercial Households.