Borrow: taxes and surcharges
Loan: Taxes payable-local water conservancy construction fund
When actually paid:
Borrow: taxes payable-local water conservancy construction fund
Loans: bank deposits
The water conservancy construction fund shall be accrued and paid according to 1% of the value-added tax, and the water conservancy construction fund = (VAT output tax-VAT input tax) × 1%.
The water conservancy construction fund that should be paid by units and individuals engaged in production and operation shall be collected by local tax authorities on a monthly or quarterly basis according to the tax payment period of value-added tax and business tax. The payer shall collect 0.6‰ of the production and operation income, and declare and pay the water conservancy construction fund to the local tax authorities within 15 days from the due date.
Water conservancy fund policy in 2022
Water conservancy construction fund is a government fund specially used for water conservancy construction. The water conservancy construction fund shall be withdrawn and paid according to 0. 1% of the sales revenue. 20 12 shall be accrued and paid according to 0.06% of the sales revenue of Hunan province.
The policy standards for water conservancy funds are as follows:
Half tax. The local water conservancy construction fund will be levied by half, according to 0.5‰ of operating income or sales income;
Immunity. Free trade zone enterprises are tax-free. In 2022, enterprises registered in China Guangxi Pilot Free Trade Zone and engaged in legal operations will be exempted from local water conservancy construction funds; Enterprises of e-commerce trading platform for bulk commodities are exempted. Enterprises that stop production or lose money are exempt.
3. Treatment method. It is handled by autonomy, declaration and enjoyment, and relevant materials are kept for future reference. Eligible payers can enjoy preferential treatment by filling in the general declaration form of non-tax income. Among them, enterprises that stop production or lose money need to keep relevant materials for future reference, and the materials kept for future reference are the originals or copies of relevant materials.
The accounting entries accrued by local water conservancy construction funds have been shared here. Have you learned? Although the water conservancy construction fund is not a big tax, the tax amount may not be much, but it is also one of our taxable varieties, so please don't be careless, because this is also one of our work contents, thank you, see you next time.