After the catering business is changed from camp to camp, those with annual taxable sales of less than 5 million yuan (inclusive) are small-scale VAT taxpayers.

3% tax rate is applicable to small-scale taxpayers. Actual turnover *3% is taxable.

Extended information:

Content of value-added tax:

In practice, it is difficult to accurately calculate the added value or added value of commodities in the process of production and circulation. Therefore, China also adopts the method of tax deduction, which is widely used in the world.

that is, according to the sales of goods or services, the sales tax is calculated at the prescribed tax rate, and then the value-added tax paid when obtaining the goods or services, that is, the input tax, is deducted, and the difference is the tax payable for the value-added part. This calculation method embodies the principle of tax calculation according to value-added factors.

the collection of value-added tax usually includes all links in the process of production, circulation or consumption. It is a neutral tax based on the value-added amount or price difference. Theoretically, it includes all agricultural industries (planting, forestry and animal husbandry), mining, manufacturing, construction, transportation and commercial services, etc., or all links of raw material procurement, manufacturing, wholesale, retail and consumption.

a sales tax, belonging to regressive tax, is an indirect tax based on the appreciation of goods or services. It is called Goods and Services Tax, GST) in Australia, Canada, New Zealand and Singapore, and consumption tax in Japan. Value-added tax was invented by French economist Maurice Lauré in 1954, and 45% of the French government's income comes from value-added tax.

Baidu Encyclopedia-VAT