From March 1 day to February 3 1 day, 2020, the taxable sales income of small-scale VAT taxpayers in Hubei Province will be exempted from VAT. VAT prepayment with 3% withholding rate shall be applied, and VAT prepayment shall be suspended.
Except Hubei Province, small-scale VAT taxpayers in other provinces, autonomous regions and municipalities directly under the Central Government collect taxable sales income at the rate of 3%, and collect VAT at the reduced rate of 1%; The withholding rate is 3%, and the withholding value-added tax is reduced by 1%.
Salary and employment remind that both enterprises and individual industrial and commercial households can enjoy policies as long as they are small-scale taxpayers.
It is reported that the value-added tax collection rate of small-scale taxpayers has dropped from 3% to 1%. This preferential tax policy is very popular, benefiting individual industrial and commercial households and small and micro enterprises.
From June 5438+1 October1day in 2020 to February 3 1 day in 2020, taxpayers' income from providing public transport services and living services, as well as providing residents with express delivery services for daily necessities, shall be exempted from VAT. "
There is no semi-official news about whether this policy is tax-free (as of 20211313: 30).
Suggestion: Accommodation and catering enterprises and other life service industries will temporarily issue ordinary invoices with applicable tax rate/levy rate (3%/ 1%) during the New Year holiday (if the policy is not extended, special invoices can be issued on their behalf).
Because: according to the previous policy, before the release of the policy, if a special VAT invoice has been issued, the corresponding red-ink invoice should be issued or the original invoice should be invalidated, and then the VAT exemption policy should be applied to issue ordinary invoices according to regulations; Ordinary invoices (including tax rates) can be exempted from value-added tax according to regulations.
Since 200211,the announcement of the Ministry of Finance of State Taxation Administration of The People's Republic of China on supporting individual industrial and commercial households to return to work (No.13, 2020) has been implemented temporarily. For small-scale taxpayers of value-added tax in Hubei province, value-added tax is temporarily exempted; For small-scale VAT taxpayers in other regions, the VAT is temporarily reduced at the rate of 1%. Select the collection rate of invoicing, and continue to press this for the time being. After the official documents are issued, the official documents shall prevail.