After the reform of the camp, the value-added tax on loan interest cannot be deducted.

Changing business tax to value-added tax, referred to as changing business tax to value-added tax, refers to changing taxable items that previously paid business tax to value-added tax. Repeated taxation in the reform of the camp can promote the formation of a better virtuous circle in society and help enterprises reduce their tax burden.

Value-added tax is only for products, which reduces the link of repeated tax payment. This is a major decision made by the party to adapt to the new situation and proceed from the overall deployment of deepening reform.

The purpose is to accelerate the enthusiasm of all parties in the reform of the fiscal and taxation system, promote the development of high-end service industries such as science and technology, and promote and deepen the supply-side structural reform.

Value-added tax and business tax are two different things: paying value-added tax without paying business tax, and paying business tax without paying value-added tax.

They are the same in object, scope, basis, items, tax rate and collection.

2. Can an individual get a VAT invoice when he goes to a restaurant to eat after the camp reform?

Of course, VAT invoices can be issued, but only ordinary VAT invoices can be issued. As the customers of the catering industry are the final consumers, according to the provisions of the tax number. 20 1636 and the value-added tax regulations stipulate that catering consumption belongs to the terminal link of value-added tax circulation, and special invoices for value-added tax may not be issued, and input tax may not be deducted, but ordinary invoices may be issued.

3. Can the value-added tax on loan interest be deducted after the reform of the camp?

Not deductible, but the handling fee can be deducted. Expenditure on loan service: According to the annotation of "Loan Service", accepting loan service refers to the service of lending funds to others to obtain interest income, including all kinds of expenses obtained by occupying and borrowing funds, including interest expenses (including capital preservation income, remuneration, capital occupation fee, compensation, etc.). During the holding period of wealth management products (including maturity), the interest expenses of credit card overdraft, the interest expenses of buying and selling wealth management products, and the interest expenses charged by margin financing and securities lending. As well as the interest and interest-related expenses obtained from financing, sale and leaseback, bill negotiation, penalty interest, bill discount, lending and other businesses, as well as the expenses of accepting fixed profits or guaranteed profits paid by monetary funds. Among them, financing sale and leaseback means that the lessee sells assets to enterprises engaged in financing sale and leaseback business for the purpose of financing, and then the enterprises engaged in financing sale and leaseback business rent out assets. Not deductible

4. Can the loan interest VAT be deducted?

I can't.

According to the policy of camp reform, the "purchased loan service" shall not be deducted from the output tax. At the same time, it is stipulated that the input tax such as investment and financing consulting fees, handling fees and consulting fees directly related to loans paid by taxpayers to lenders by accepting loan services shall not be deducted from the output tax. The directly related expenses such as interest expenses paid by enterprises need to pay 6% value-added tax after the reform of the camp, which cannot be deducted from the input.

Loan interest refers to the reward that the lender gets from the borrower for issuing monetary funds, and it is also the price that the borrower must pay for using the funds. Bank loan interest rate refers to the ratio of interest amount to principal amount during the loan period. The interest rate of loan contracts with banks and other financial institutions as lenders can only be determined through consultation within the upper and lower limits of interest rates stipulated by the Bank of China.

If the loan interest rate is high, the repayment amount of the borrower will increase after the loan term, otherwise it will decrease. There are three factors that determine loan interest: loan amount, loan term and loan interest rate.