On October 8th, 65438/kloc-0, the Ministry of Finance of People's Republic of China (PRC) and State Taxation Administration of The People's Republic of China officially issued the Announcement on Defining the Value-added Tax Deduction Policy for Life Service Industry, which explicitly allowed taxpayers in life service industry to pay taxes from June 2065438 to June 2009 10 to June 20265438+February 3 1.
According to the previously issued Announcement on Deepening the Reform Policy of Value-added Tax, from April 20 19 to April 20021year, 12 and 3 1 year, taxpayers in production and life services are allowed to deduct the input tax in the current period plus 10% to deduct the taxable amount. This announcement makes it clear that increasing the increase or decrease of 10% to 15% will effectively reduce the tax burden of life service industry.
Housekeeping, pension and other industries will benefit
Which industries can enjoy this preferential tax policy?
According to the Notes on Sales Services, Intangible Assets and Real Estate (Caishui [2016] No.36), the life service industry includes culture and sports, education and medical care, tourism and entertainment, catering and accommodation, and daily services for residents.
Among them, residents' daily services include municipal administration, housekeeping, wedding, pension, funeral, nursing, rescue, beauty salon, massage, sauna, oxygen bar, pedicure, bathing, dyeing, photography and printing.
Earlier, Sun Ruibiao, deputy director of China State Taxation Administration of The People's Republic of China, explained at the press conference of the State Council Office that when the two tax rates of value-added tax are lowered at the same time, the tax burden of taxpayers in the production and life service industries applying the 6% tax rate may increase due to the reduction of input tax. After repeated research and calculation, comprehensive comparison and multi-dimensional demonstration, the Ministry of Finance and State Taxation Administration of The People's Republic of China finally decided to apply the policy of input tax addition and subtraction 10%.
Sun Ruibiao explained that the basic principle of value-added tax is "how much to deduct", allowing specific taxpayers to increase the deduction of 10% in the current period, which is a virtual calculation. Therefore, the essence of additional deduction is a kind of tax preference, which is a temporary preferential policy specially introduced to effectively reduce the tax burden of taxpayers applying 6% tax rate.
Cai, executive deputy director of the tax reduction office in State Taxation Administration of The People's Republic of China, China and director of the revenue planning and accounting department, said earlier that deepening the reform of value-added tax is the "highlight" of implementing larger-scale tax reduction and fee reduction this year, which mainly includes the main measures to reduce the tax rate and three supporting measures: expanding deduction, tax increase and tax deduction, and tax refund. From April to June this year, thanks to three supporting measures, postal services, telecommunications, modern service industries and life service industries all achieved tax reduction, with a total tax reduction of 20.4 billion yuan.
Adding deductions can significantly reduce the tax burden.
How to calculate the deduction? How much tax can be deducted from taxpayers?
Take a hotel as an example. Hotel A is a general taxpayer of value-added tax. Suppose that the sales of accommodation services in April 2009+2065438 is 500,000 yuan, the output tax is 6.5438+03 million yuan, the input tax indicated in the special VAT invoice is 6.5438+million yuan, and the input tax deducted from the transfer of real estate is 6.5438+million yuan. The deductible input tax in this period totals 654.38+. Therefore, according to the previous regulations, the deduction ratio is 10%, and the deductible amount of Hotel A is 1 1 ten thousand yuan =1.1ten thousand yuan.
In April, the output tax of Hotel A was 1.300 yuan, and the input tax was1.654,38+0.000 yuan. The tax payable in that month was 20,000 yuan, which was more than zero1.654,38+0.000 yuan. Therefore, the actual value-added tax paid in that month is 20000-1.1000 = RMB 9,000.
According to the new regulations, the proportion of surcharge deduction rises to 15%, and the deduction amount of Hotel A is110000×15% =16500 yuan, and the actual value-added tax paid in that month is 20000- 16500 yuan.
By contrast, the hotel paid a value-added tax of 9,000 yuan before 10; According to the new regulations, the value-added tax paid will be reduced to 3500 yuan.
Measures to reduce the burden will help to absorb employment.
What is the effect of this tax reduction policy? Will the service price be lowered?
During the National Day holiday just past, the prices of hotels and air tickets in China dropped to varying degrees compared with the same period last year. According to the data published by qunar. com. Com, the average price of domestic hotels in the "Eleventh" this year is 353 yuan per night, which is 24.9% lower than that in the "Eleventh" of 20 18. The average price of naked tickets for domestic airline reservation is 837.32 yuan, which is nearly lower than that of the same period last year in 50 yuan. Is this related to the increase or decrease of life service industry? Li, director of the Institute of Finance and Taxation Policy and Application of Beijing National Accounting Institute, told the reporter that since April, the investment in life service industry has been deducted, and there are two possibilities for the price of life service to decline during the National Day: First, market factors are related to market demand, that is, merchants are forced to cut prices in order to stimulate consumption; Another possibility is that the business tax burden is reduced, so the profits are given to consumers to further stimulate sales.
Li further told reporters that the life service industry is related to people's livelihood, and such enterprises have a wide coverage, and their vitality is conducive to stabilizing the market and providing better services. In addition, the service industry is mostly labor-intensive enterprises. Increasing the burden reduction effect brought by their deduction will help to absorb ordinary labor, solve employment and enhance the sustainability of life service industry. In the long run, the price of living services is expected to be reduced, providing more convenience for the people.
Shi, director of the Finance and Tax Research Center of China University of Political Science and Law, believes that it is pointed out in the 20 19 government work report that deepening the reform of value-added tax and keeping the tax rate at 6% unchanged, but reducing the tax burden of all industries by taking supporting measures such as increasing the tax deduction of production and life services and setting this policy during the transition period is conducive to reducing the tax burden of life service enterprises, which is of great significance to safeguarding people's livelihood, stabilizing the market and expanding consumption.