Summary of tax knowledge of catering enterprises
What taxes do catering enterprises need to pay? Is there any preferential tax policy to enjoy? What is the tax burden of catering enterprises? Let's reveal the answers for you one by one.
? Taxes to be paid
Usually, catering enterprises need to pay three main taxes, namely business tax, urban maintenance and construction tax, enterprise income tax or personal income tax (income from production and operation of individual industrial and commercial households). The provisions of the Provisional Regulations on Business Tax are as follows: Units and individuals that provide labor services, transfer intangible assets or sell real estate within the territory of the People's Republic of China are taxpayers of business tax and shall pay business tax in accordance with these regulations. This means that catering enterprises need to pay business tax, and the taxable amount is the turnover multiplied by 5%. The urban maintenance and construction tax is paid at 7% of the business tax (the tax rate of Guangzhou urban maintenance and construction tax is 7%). In terms of income tax, if the registered type is an enterprise (excluding individual industrial and commercial households and sole proprietorship and partnership enterprises), it is required to pay enterprise income tax. The balance of the total income of an enterprise in each tax year after deducting non-taxable income, tax-exempt income, various deductions and losses allowed to make up for previous years is taxable income, and the taxable amount can be obtained by multiplying it by 25%. If the registered type is individual industrial and commercial households or sole proprietorship or partnership enterprises, individual income tax is required. The taxable income is the balance of the total income in each tax year after deducting costs, expenses and losses. The taxable income can be obtained by multiplying the taxable income by the corresponding tax rate.
? The tax benefits that can be enjoyed
The tax benefits are mainly concentrated in small and micro enterprises. In terms of business tax, since October 1, 2114, small and micro enterprises with a monthly turnover of less than 31,111 yuan will be exempted from business tax. In terms of corporate income tax, eligible small-scale low-profit enterprises are subject to corporate income tax at a reduced rate of 21%; From October 1, 2115 to February 31, 2117, the scope of small and low-profit enterprises that will enjoy the preferential policy of halving enterprise income tax will be expanded from the annual taxable income of less than 1 million yuan (including 1 million yuan) to less than 211 thousand yuan (including 1.2 million yuan). Enterprises that adopt the method of approved collection of enterprise income tax can also enjoy preferential treatment for small-scale low-profit enterprises as long as they meet the conditions of small-scale low-profit enterprises. As for personal income tax, since April 1, 2114, if the monthly operating income of individual industrial and commercial households, contracted and leased business households of enterprises and institutions, and sole proprietorship and partnership enterprises is less than 21,111 yuan (the original `standard is 5,111 yuan/month), the personal income tax surcharge rate is 1. Since September 1, 2114, if the monthly operating income of the individual catering industry is less than 21,875 yuan, the individual income tax from production and operation will not be levied.
? Tax burden
According to relevant persons of the Municipal Local Taxation Bureau, the tax burden of the catering industry in Guangzhou is generally stable, maintaining at around 6.9%, while the local tax burden rate of the whole city is about 8%. A series of structural preferential tax reduction policies such as business tax and income tax introduced by the state to support the development of small and micro enterprises will promote the tax burden rate of the catering industry in our city to be stable and slightly reduced. ;