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How to deduct the input tax on fixed assets?
For the pilot taxpayers who apply the general tax calculation method, such as the real estate acquired after May 1 2065438 and accounted as fixed assets in the accounting system, or the real estate construction in progress acquired after May 1 20 16, the input tax will be deducted from the output tax in two years from the date of acquisition, with the deduction ratio of 60% in the first year.

Precautions for the deduction of input tax for business reform:

1. After the camp reform, the newly purchased fixed assets of the company are used not only for the old construction projects levied by simple methods, but also for the new projects with general taxation.

Two. Announcement of State Taxation Administration of The People's Republic of China Municipality on Issuing the Interim Measures for Deduction of Real Estate Input Tax by Stages. AnnouncementNo. 16 of State Taxation Administration of The People's Republic of China, People's Republic of China (PRC) stipulates that the first-year deduction ratio of the pilot taxpayers applying the general taxation method is 60%.

In the second year, the deduction ratio is 40%. Acquisition of real estate includes acquisition of real estate by direct purchase, donation, investment, self-construction and debt repayment, excluding real estate projects developed by real estate development enterprises themselves.

3. According to Article 27 of Caishui (2016) No.36, the input tax amount of the following items shall not be deducted from the output tax amount, and the taxpayer's social and entertainment consumption belongs to personal consumption.

We purchased passenger services, loan services, catering services, daily services for residents and entertainment services. Social consumption does not belong to the production input and expenditure in production and operation, but a kind of life consumption activity, and value-added tax is levied on consumption behavior.

Four, after the reform of the camp, the general taxpayer's catering enterprises how to deduct the input tax. The general taxpayer of value-added tax in catering industry can use the purchase invoice of agricultural products supervised by the national tax authorities to calculate the input tax deduction in accordance with the existing regulations.

Extended data:

Disposal of fixed assets, including sale, transfer, scrapping and damage of fixed assets, foreign investment, exchange of non-monetary assets, debt restructuring, etc.

I. Conditions for derecognition of fixed assets

Fixed assets that meet one of the following conditions shall be derecognized:

(1) Fixed assets are in the disposal state;

(2) The fixed assets are not expected to generate economic benefits due to their use or disposal.

Second, the disposal of fixed assets

(1) If an enterprise holds fixed assets for sale, it shall adjust its estimated net salvage value.

(2) The amount of fixed assets sold, transferred, scrapped or damaged by an enterprise after deducting the book value and relevant taxes and fees from the disposal income shall be included in the current profits and losses. The book value of fixed assets is the amount after deducting accumulated depreciation and accumulated impairment reserve from the cost of fixed assets.

(3) If an enterprise includes the subsequent expenditure of fixed assets in the cost of fixed assets, it shall stop recognizing the book value of the replaced part.

Three, the enterprise should choose the depreciation method according to the expected realization of the economic benefits contained in the fixed assets. The available depreciation methods mainly include life average method, workload method, double declining balance method and sum of years method. Once the depreciation method is determined, it shall not be changed at will. If changes are needed, they should be explained in the notes to the accounting statements.

In order to embody the principle of consistency, all depreciation methods of fixed assets cannot be modified within one year. When the mentioned month is not less than the expected use month, depreciation will not be carried out. Fixed assets increased in this period are not depreciated in this period, and fixed assets decreased in this period should be depreciated in order to conform to the principle of comparability.

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