Extended data:
1 policy basis
In 20 19, Article 1 of the Notice of the Ministry of Finance of State Taxation Administration of The People's Republic of China on Implementing the Inclusive Tax Relief Policy for Small and Micro Enterprises (Caishui [2065 438+09] 13) stipulates that small-scale VAT taxpayers with monthly sales below 65438+ 10,000 yuan (inclusive) shall be exempted from VAT.
In 2020, the Announcement of the Ministry of Finance in State Taxation Administration of The People's Republic of China on Supporting Individual Industrial and Commercial Households to Return to Work (AnnouncementNo. 13 of the Ministry of Finance and State Taxation Administration of The People's Republic of China, 2020) stipulates that small-scale VAT taxpayers in other provinces, autonomous regions and municipalities directly under the Central Government, except Hubei Province, apply the tax rate of 3% to calculate taxable sales income, and collect VAT at the reduced rate of 1%.
Small-scale VAT taxpayers with monthly sales below 1 50,000 yuan (inclusive) from April1year to February 3 1 day, 2022 are exempt from VAT. Article 1 of the Notice of the Ministry of Finance of State Taxation Administration of The People's Republic of China on Implementing the Inclusive Tax Relief Policy for Small and Micro Enterprises (Caishui [20 19] 13) shall be abolished at the same time.
202 1, State Taxation Administration of The People's Republic of China has not made it clear whether to further reduce the value-added tax at the rate of 1%. However, according to the notice of tax tray service providers Aerospace and Baiwang, small-scale taxpayers will continue to levy VAT at a reduced rate of 1% for the time being.
2 Policy interpretation
According to the latest tax reduction and exemption policy for small and micro enterprises, the monthly tax exemption for small-scale taxpayers is 654.38+0.5 million. Since most small-scale taxpayers declare value-added tax quarterly, it is customary for small-scale taxpayers to have a tax-free quota of 450,000 per quarter.
The tax-free amount for a quarter is 450,000 (inclusive), which means that the sales excluding tax is 450,000. At present, the tax rate of small-scale taxpayers is 1%, and the price including tax is 454,500 yuan.
The tax-free amount refers to the amount of ordinary VAT invoices issued within the tax-free range. Special VAT invoices issued on behalf of or by the tax bureau are not within the scope of tax exemption, and the sales corresponding to the special VAT invoices issued on behalf of the tax bureau will occupy a quota of 450,000.
Simply put:
Ordinary invoice sales of ≤ 450,000 can enjoy VAT relief policy.
When the sales volume of ordinary invoice+special invoice is less than or equal to 450,000, ordinary invoice can enjoy the VAT reduction and exemption policy.
When the sales of ordinary invoices and special invoices are more than 450,000, they will no longer enjoy the VAT exemption policy.
Many business owners, especially those who start their own businesses for the first time, are thinking: Do you still need to pay taxes if you don't exceed 450,000 a quarter?
From the above detailed interpretation of the policy, we can know that the Notice of the Ministry of Finance and State Taxation Administration of The People's Republic of China on Implementing the Inclusive Tax Relief Policy for Small and Micro Enterprises and related regulations are all aimed at value-added tax, and corporate income tax is not within the scope of this policy.
Therefore, when the quarterly sales of small-scale taxpayers are less than 450,000 yuan, those who meet the VAT relief policy may not pay VAT, but they need to pay enterprise income tax in advance according to the enterprise profits.