How to calculate small-scale value-added tax
In recent years, as the state's support policies for small and micro enterprises have continued to increase, the issue of value-added tax calculation for small-scale taxpayers has become a hot topic. This article will combine the hot content of the past 10 days on the Internet to provide you with a detailed analysis of the calculation method of small-scale value-added tax, and provide structured data for easy understanding.
1. Basic VAT policies for small-scale taxpayers
According to the latest policies of the Ministry of Finance and the State Administration of Taxation, the VAT collection rate for small-scale taxpayers is currently3%(Some industries can enjoy a 1% preferential tax rate). If monthly sales do not exceed 100,000 yuan (quarterly sales do not exceed 300,000 yuan), they are exempt from value-added tax.
| Taxpayer type | Collection rate | threshold |
|---|---|---|
| small taxpayer | 3% (partial 1%) | Monthly sales ≤100,000 |
| General taxpayer | 6%-13% | No threshold |
2. Small-scale value-added tax calculation formula
The calculation of VAT for small-scale taxpayers is relatively simple and can be divided into two main situations:
| situation | Calculation formula | Example |
|---|---|---|
| Not exceeding the threshold | Tax payable=0 | Monthly sales of 80,000 yuan, tax-free |
| Exceeding the threshold | Tax payable = sales × collection rate | Monthly sales are 120,000 yuan, and payable is 3,600 yuan |
3. The latest preferential policies in 2023
According to recent hot policies:
1. The value-added tax reduction and exemption policy for small-scale taxpayers will be extended to December 31, 2023.
2. Taxable sales income subject to a 3% tax rate will be levied a reduced value-added tax at a 1% tax rate.
3. Small-scale VAT taxpayers with monthly sales of less than 100,000 yuan (inclusive) are exempt from VAT.
| Preferential policies | Execution period | Scope of application |
|---|---|---|
| 3%→1% discount | 2023.1.1-2023.12.31 | All small taxpayers |
| Discount on tax threshold | Effective for a long time | Monthly sales ≤100,000 |
4. Answers to frequently asked questions for small-scale taxpayers
1.How to determine whether the threshold has been exceeded?
Taxpayers who file monthly returns will be judged based on monthly sales; taxpayers who file quarterly reports will be judged based on quarterly sales.
2.How is the difference tax calculated?
Some industries (such as tourism services) can calculate sales after deducting relevant costs. The formula is: tax payable = (total price - deduction items) × collection rate
3.How to issue a special invoice?
The part issued with special VAT invoices does not enjoy the tax exemption policy and must pay VAT based on the invoice amount.
5. Declaration process for small-scale taxpayers
| steps | Operation content | Time node |
|---|---|---|
| 1 | Calculate sales for the current period | Monthly/quarter end |
| 2 | Determine whether the threshold is exceeded | Before declaration |
| 3 | Calculate tax payable | Before declaration |
| 4 | Fill out the declaration form | Before the 15th of every month |
| 5 | pay taxes | Within the reporting period |
6. Expert advice
1. It is recommended that small-scale taxpayers choose to file quarterly returns to enjoy greater tax planning space.
2. Pay attention to distinguishing between the issuance of ordinary invoices and special invoices to avoid tax risks.
3. Make full use of tax incentives, but make sure you meet the conditions.
Through the above detailed analysis, I believe you have a clearer understanding of the calculation method of small-scale VAT. In actual operations, it is recommended to consult professional tax personnel or log on to the official website of the State Administration of Taxation to obtain the latest policy information.
check the details
check the details
en
