general taxpayer
The calculation formula is: tax payable = current output tax-current input tax.
Output tax = sales × tax rate
Sales = sales including tax ÷( 1+ tax rate)
Output tax: refers to the value-added tax calculated according to the sales of taxable services provided by taxpayers and the value-added tax rate.
Input tax: refers to the value-added tax paid or undertaken by taxpayers when they purchase goods or accept processing, repair and replacement services and taxable services. ?
Small-scale taxpayer
Taxable amount = sales × collection rate
Sales = sales including tax ÷( 1+ collection rate)
The starting point of taxation
If the sales of taxable services provided by individuals do not reach the threshold of value-added tax, they shall be exempted from value-added tax; If the threshold is reached, the value-added tax will be paid in full. The value-added tax threshold does not apply to individual industrial and commercial households recognized as general taxpayers.
If the tax is paid on time, the monthly taxable sales amount is 5000-20000 yuan (inclusive).
If the tax is paid by time, the sales per day will be 300-500 yuan (inclusive). ?
VAT invoices are divided into: general VAT invoices and special VAT invoices. The difference is that the special VAT invoice can offset the input tax.
Collection range
General scope
The scope of taxation of value-added tax includes the sale (including import) of goods and the provision of processing, repair and replacement services. ? [5]?
Special project
Commodity futures (including commodity futures and precious metal futures); -Commodity futures are subject to value-added tax, which is paid in the physical delivery;
The business of selling gold and silver by banks;
Pawnshops sell dead goods;
Consignment business is the business of customers selling consignment goods;
Other units and individuals outside the postal department produce, distribute and sell philatelic products.
Special behavior
Regarded as sales: The following eight acts are regarded as selling goods in the VAT Law, and all of them are subject to VAT.
Entrust the goods to others for sale.
Sell goods on behalf of others
Transferring goods from one place to another (except the same county and city)
Use self-produced or entrusted goods for non-taxable items.
Goods produced, commissioned or purchased are regarded as investments in other units.
Distributing goods produced, processed or purchased to shareholders or investors.
Use the self-produced entrusted goods for employee welfare or personal consumption.
Give the goods produced, processed or purchased to others free of charge.
References:
Baidu Encyclopedia-VAT