2. The way of "six taxes and two fees" reduction: the tax can be reduced within 50% of the tax, which is what we often say.
3. The subject scope of "six taxes and two fees" has been expanded: from small-scale taxpayers to small-scale taxpayers of value-added tax, small-scale enterprises with low profits and individual industrial and commercial households.
Key points: The small-scale and low-profit enterprises here refer to the small-scale and low-profit enterprises of general taxpayers of value-added tax, and the determination method is the same as that of small and micro enterprises of enterprise income tax: they refer to enterprises that are engaged in industries that are not restricted or prohibited by the state and meet the three conditions of annual taxable income of no more than 3 million yuan, employees of no more than 300 people and total assets of no more than 50 million yuan.
Therefore, in April, many of our accounting friends received the tax refund from the tax bureau for1-February. What should we do after receiving the tax refund?
The first method: tax deduction and surcharge.
Entry: Step 1:
Debit: Bank deposit (amount of tax refund received)
Loan: Taxes payable-urban construction tax/education surcharge/local education surcharge/stamp duty.
Step two:
Borrow: Taxes payable-urban construction tax/education surcharge/local education surcharge/stamp duty.
Loan: taxes and surcharges-urban construction tax/education surcharge/local education surcharge/stamp duty
There must be a transition through taxes and fees payable here, otherwise it will affect our subsidiary ledger.
The second type: included in non-operating income
According to the principle of "substance is more important than form" in accounting, this reduction and exemption is not without taxes and surcharges, but a preferential treatment given by the state, so it is included in non-operating income.
Debit: bank deposit
Loan: non-operating income
Both methods reduce the profit before enterprise income tax, so both methods are feasible.