Recently, the announcement of the General Administration of Customs of the Ministry of Finance on deepening the reform of value-added tax (Announcement No.2019 of the General Administration of Customs of the Ministry of Finance, hereinafter referred to as "Announcement No.39") was issued, which introduced the specific policies and measures of the reform of value-added tax in detail. Among them, one of the warmest highlights is to allow taxpayers in the production and life service industry to deduct the taxable amount according to the deductible input tax plus 10% in the current period, that is, to increase the deduction policy. But do you know ten details? Let's study together.

First, we should pay attention to the policy implementation period.

From April 19, 20 1 to February 3 1, 20265438.

Second, we should pay attention to the confirmation conditions.

Taxpayers in the production and life service industries refer to

Provide postal services, telecommunications services, modern services and life services (hereinafter referred to as the four services).

Taxpayers whose sales account for more than 50% of the total sales.

Third, we should distinguish between different establishment times.

3 1, 20 19 March sales of taxpayers established before April 2065438 to March 20 19 (those with an operating period of less than 12 months are sold according to the actual operating period). For taxpayers who meet the above conditions, the credit policy will be applied from April 2009 1 and April 20 1. Taxpayers established after April 20 1 year 1 day shall apply the credit policy from the date of registration as general taxpayers. Fourthly, after confirming the continuity and applying the credit policy,

If it is not adjusted in that year, will it still be applicable in the following year?

According to the sales volume of the previous year.

The fifth is to accurately calculate the addition and subtraction base.

According to 10% of the deductible input tax in the current period, the new deduction in the current period is accrued.

Input tax that cannot be deducted from the output tax.

Cannot be used as accrual basis.

The input tax that has been deducted shall be transferred out in accordance with the regulations.

Input tax should be deducted in the current period when it is transferred out.

Sixth, we should distinguish three situations to offset.

The tax payable before deduction is equal to zero.

The tax payable before tax is greater than zero and greater than the current deductible amount.

The tax payable before tax is greater than zero and less than or equal to the current deductible amount.

Remember one exception.

Export goods and services, cross-border taxable behavior is not applicable to the credit policy.

Engaged in the export of goods and services, with cross-border taxable behavior.

Moreover, the input tax that cannot be increased or decreased cannot be divided.

According to the policy needs to be eliminated.

Eighth, separate accounting plus deduction.

Taxpayers should separately state the increased deduction.

Changes in accrual, deduction, reduction, balance, etc.

Nine is the first time to fill out the report.

When the deduction policy was first confirmed during the year.

A statement on the application of the addition and subtraction policy is needed.

Run four services at the same time

The industry should be checked in the table according to the business with the highest income proportion among the four services.

Ten is the beginning and the end.

After the deduction policy expires,

Taxpayers will no longer accumulate additional credits.

The additional deduction of the balance stops being deducted.