The financial and taxation industry has many ways to deal with and is very complicated. After all, you are dealing with money, so a little complexity is inevitable. However, if many words in it are misunderstood, you will be in big trouble. , Mande Enterprise Service is here to give you a few points that can easily lead you into pitfalls in your daily life.

Misunderstandings about replacing business tax with value-added tax

The main concept is the 180-day concept, which is the certification period, that is, the special invoice must be certified by the tax authorities within 180 days from the date of issuance, otherwise it will not be deductible Input tax, and the deduction is the deduction in the month of certification. In the month when the certification is passed, the current input tax is calculated in accordance with the relevant provisions of VAT and the deduction is declared. Otherwise, the input tax will not be deducted---180 days is the certification period. Once the certification is completed, Deduction for the current month.

"Tax is paid" only after invoicing

When to pay taxes is not based on invoicing, but based on the time when the tax obligations stipulated in each tax category occur. If sales do not require installation For equipment, regardless of whether it is invoiced or not, the revenue should be recognized when the goods are shipped, and the added value must be paid; there is also no need to "pay tax" after invoicing. For example, if the New Year's rent is collected in advance and invoiced, the business tax should be paid, but the corporate income tax must be paid in installments. To recognize revenue, revenue is recognized in installments across years.

Pre-tax deductions can only be made with invoices

Pre-tax deductions for corporate income tax require legal deduction vouchers, but legal deduction vouchers are not just invoices, such as internal payroll, depreciation, etc. Forms, as well as bank interest notes, tax payment certificates, administrative institution fee receipts, etc., are all legal vouchers, and they are all legal vouchers that can be deducted before tax! But don’t understand that not everything without an invoice can be deducted.

Pay individual income tax on wages and salaries in cash

Subsidies and allowances that are not wages or salaries, or income that does not belong to the taxpayer’s own wages or salary income items, will not be taxed. Taxes (one-child subsidy, childcare subsidy, travel allowance, missed meal subsidy), and communication expenses borne by the Beijing area can be reimbursed or limited to actual reimbursement, and they can not be incorporated into wages and salaries to pay personal income tax.