how much can the average taxpayer deduct for meals

No matter what the sales revenue is, the business entertainment expenses cannot be deducted in full. 61% of the actual amount of entertainment expenses is five thousandths of the sales revenue, whichever is smaller, which is deducted before tax ...... Article 43 of the original tax law stipulates that the business entertainment expenses related to production and business activities of an enterprise shall be deducted according to 61% of the amount incurred, but the maximum amount shall not exceed the sales (business) of the year.

Can the catering fees charged by the service industry be deducted?

After the camp reform, small-scale taxpayers cannot issue special VAT invoices. Only ordinary taxpayers of value-added tax can issue special VAT invoice 1. After the reform of the camp, will all the tickets we issue be ordinary VAT invoices? -Only ordinary taxpayers of value-added tax can issue special invoices for value-added tax. Can't they issue invoices for the previous general service industry? -yes. But there is a transitional period. During the transition period, general service industry invoices can still be issued. Please consult the local tax bureau for details. 2. If the customer is an ordinary taxpayer, can he offset our ordinary VAT invoice? -no. Only special VAT invoices can be deducted. 3. Can we issue our own special VAT invoice? -the inability of small-scale taxpayers. If a special VAT invoice is issued, what is the tax rate, and how much tax can the customer offset when receiving it? -6% for service industry and 11%

for transportation industry. What are the non-deductible input taxes

12121212 A: According to the regulations, the input taxes of the following items cannot be deducted from the output tax: 1. Taxable items that are subject to simple taxation methods, non-VAT taxable items, VAT-exempt items, goods purchased for collective welfare or personal consumption, processing, repair and repair services or taxable services; 2 abnormal loss of purchased goods and related processing, repair and repair services and transportation services; 3. Goods purchased (excluding fixed assets), processing and repair services or transportation services consumed by products in process and finished products with abnormal losses; 4. Accepted passenger transport services; 5. Motorcycles, automobiles and yachts that are subject to consumption tax for their own use, except those that are the means of transport and the subject matter of leasing services that provide transportation services. 7. Q: Can ordinary taxpayers in the pilot area of "VAT reform" choose a simple method to collect? (Editor: Zeng Li)

Can the special VAT invoice issued by the catering industry be deducted?

In general, the catering industry cannot issue a special VAT invoice, even if it is issued by the payee, it cannot be deducted. Because the catering industry has a clear purpose for personal consumption. According to the regulations of value-added tax, it is not allowed to deduct tax for personal consumption, even if it is deducted, the input tax should be transferred out.

notice on comprehensively pushing forward the pilot project of changing business tax to value-added tax (caishui [2116] No.36) annex 1: implementation measures for the pilot project of changing business tax to value-added tax Article 27 stipulates that "the input tax of the following items shall not be deducted from the output tax: ...

(6) purchased passenger transportation services, loan services, catering services, daily services of residents and entertainment services. ..... "

After the camp reform, the hotel issued a catering invoice, which was not a special VAT invoice, but an ordinary VAT invoice because it could not be deducted. As the accommodation invoice issued by the hotel can be deducted, a special VAT invoice can be issued.

when calculating the income tax, do the management expenses fully offset the income? Can the food and beverage expenses be paid in full? Please advise

Catering expenses are business entertainment expenses, which can be charged 61% before tax, but not more than five thousandths of the annual sales revenue. For example, the annual sales revenue is 11 million, the hospitality standard is 51,111, and the entertainment expenses you incurred are 81,111, so the amount that can be charged before tax is 48,111 (8*61%), which is not more than five thousandths of 11 million. There are still 41% of the 32,111 yuan, which will be increased when the year-end profits are settled and paid. If your entertainment expenses are 91,111 yuan, 61% is 54,111 yuan, and 5.4-5 = 14,111 yuan is beyond the standard part of five thousandths, then the year-end profits will be increased by 9-5 = 41,111 yuan. < P > The welfare expenses in the overhead expenses will not exceed 14% of the total wages. Entertainment expenses have been clearly defined as personal consumption and cannot be deducted.

Excuse me, the deduction ratio of catering expenses

Your calculation is one digit short. It should be 8311 instead of 83111, with one decimal point difference. If your sales amount is 1 million, 61% of the 8311 is tax-free, and the remaining 41% will be subject to tax adjustment and income tax will be paid at 25%.

Can meals be deducted by issuing special tickets?

After the reform, enterprises can obtain special tickets issued by ordinary taxpayers in the catering industry, which cannot be deducted.

according to annex 1 of the circular of State Taxation Administration of The People's Republic of China of the Ministry of Finance on comprehensively pushing forward the pilot project of changing business tax into value-added tax (Caishui [2116] No.36): In the implementation measures of the pilot project of changing business tax into value-added tax, Article 27 The input tax amount of the following items shall not be deducted from the output tax amount: (6) purchased passenger transportation services, loan services, catering services, daily services of residents and entertainment services.

can accommodation and catering be deducted from the input tax after the business tax is changed to value-added tax

after the business tax is changed to value-added tax, accommodation can only be deducted by issuing a special ticket for the value-added tax issued by the unit, but the catering part cannot be deducted.

Notice of State Taxation Administration of The People's Republic of China Ministry of Finance on Pushing Forward the Pilot Project of Changing Business Tax to Value-added Tax (Caishui [2116] No.36): Attachment 1: Implementation Measures of Changing Business Tax to Value-added Tax:

Article 27 The input tax of the following items shall not be deducted from the output tax:

The taxpayer's social and entertainment consumption belongs to personal consumption.

article 53 when a taxpayer conducts taxable activities, it shall issue a special VAT ticket to the buyer who asks for a special VAT ticket, and indicate the sales amount and output tax separately on the special VAT ticket.

under any of the following circumstances, special VAT tickets shall not be issued:

(1) Selling services, intangible assets or real estate to consumers.

(2) Taxable acts that are exempt from VAT.

The management method classifies the taxpayer's social and entertainment consumption as personal consumption, but it is not allowed to issue special VAT tickets for selling services to consumers. (If it is stipulated in this way that any individual catering consumption can be prevented from issuing special VAT tickets, both units and individuals can deduct the input tax, and even the unit will deduct the input tax by issuing special VAT tickets obtained by individuals, which is completely chaotic.)

Can the company's annual meal expenses be deducted from the input?

No. According to the provisions of Article 27 of the Pilot Implementation Measures for Changing Business Tax to VAT, "purchased passenger transport services, loan services, catering services, residents' daily services and entertainment services" cannot be deducted from the input tax.

generally speaking, passengers' transportation services, catering services, residents' daily services and entertainment services are mainly accepted by individuals. For the passenger transport services, catering services, residents' daily services and entertainment services purchased by ordinary taxpayers, it is difficult to accurately define whether the recipients of labor services are enterprises or individuals. Therefore, the input tax on passenger transport services, catering services, residents' daily services and entertainment services purchased by ordinary taxpayers shall not be deducted from the output tax.