What is the tax rate for small invoices in catering industry?

The collection rate of catering invoices issued by small-scale taxpayers is 3%.

According to Article 11 of the Provisional Regulations on Value-added Tax: "Small-scale taxpayers selling goods or taxable services shall adopt a simple method to calculate the tax payable according to the sales volume and the collection rate, and shall not deduct the input tax. The calculation formula of tax payable is: tax payable = sales volume × collection rate. "

According to Article 16 of the Notice of State Taxation Administration of The People's Republic of China of the Ministry of Finance on Comprehensively Promoting the Pilot Project of Changing Business Tax to VAT (Caishui [2065438+06] No.36), "the VAT collection rate is 3%, unless otherwise stipulated by State Taxation Administration of The People's Republic of China of the Ministry of Finance of People's Republic of China (PRC)."

How do small-scale taxpayers do tax exemption? How to make accounting entries?

Small-scale taxpayers whose sales in a quarter do not exceed 90 thousand can be exempted from paying value-added tax; Pay VAT in full if it exceeds 90,000.

1. If the invoice of this month is less than 90,000 yuan, it will be exempted from VAT, and its accounting treatment is as follows:

Debit: cash on hand/bank deposit.

Loan: income from main business

Taxes payable-unpaid VAT

When the tax-free carry-over is less than 29,000 yuan, the accounting entries are as follows:

Debit: Taxes payable-Unpaid VAT

Loan: Non-operating income tax relief

Tax relief can be counted as non-business. For small-scale taxpayers, the most common is VAT relief, such as:

Debit: accounts receivable

Loan: income from main business

Taxes payable-VAT payable-VAT unpaid

Borrow: Taxes payable-VAT payable-VAT unpaid.