The current nature of enterprises can be divided into two types, small-scale taxpayers and general taxpayers. According to current tax policies, when making VAT returns, there is a difference between general taxpayers and small-scale taxpayers. There is still a big difference, let’s take a look.

First, tax declaration deadlines are different. General taxpayers who pay value-added tax should, in principle, file monthly tax returns; banks, financial companies, trust investment companies, credit unions, as well as the Ministry of Finance and the National Taxation Other taxpayers specified by the General Administration use quarterly tax periods as tax returns; some taxpayers use the 1st, 3rd, 5th, 10th, and 15th as tax periods, and prepay taxes within 5 days from the expiration date. Declare taxes within the 15th of the following month and settle the tax payable for the previous month. Small-scale taxpayers pay value-added tax (consumption tax, cultural undertaking construction fees), as well as urban maintenance and construction tax, education surcharge and other taxes surcharged with value-added tax and consumption tax, in principle, on a quarterly basis (not on a quarterly basis at the request of taxpayers) If a declaration is made, the competent tax authority shall determine the tax payment period based on the amount of tax payable) and declare taxes for the tax period.

Second, the submission of declaration materials is different. The tax declaration materials submitted by small-scale taxpayers are relatively simple; as general VAT taxpayers, when making VAT declarations, they should report to the competent national tax authorities. The tax return materials sent are relatively large.

If your company is a company that leases real estate that is not in the same county (city, district) as the institution is located, a construction company that provides construction services across counties (city, district), or a company that pre-sells self-developed real estate The real estate development enterprise of the project is required to prepay taxes to the competent national taxation authority where the real estate is located or where the project is located (it must also declare tax to the competent national taxation authority where the institution is located). When prepaying VAT, it is necessary to fill in the "VAT Prepayment Tax" Form" instead of "VAT Return Form (Applicable to General Taxpayers)" and other tax reporting materials.

Construction enterprises that provide construction services across regions must fill in the "VAT Prepayment Form" and present the following information when prepaying taxes to the competent state taxation authority in the place where the construction services occur: A copy of the construction contract signed by the subcontractor (stamped with the official seal of the taxpayer); a copy of the subcontract signed with the subcontractor (stamped with the official seal of the taxpayer), and a copy of the invoice obtained from the subcontractor (stamped with the official seal of the taxpayer) .

If your company engages in the business of selling real estate obtained through various forms such as direct purchase, acceptance of donations, acceptance of investment shares, self-construction, debt repayment, etc., it should be informed in advance by the local tax authority in charge of the location of the real estate. After paying the tax, declare the tax to the competent national tax authority where the institution is located.

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