VAT starting point for 2024

The 2024 VAT? s starting point is as follows:

1. Sales of goods: monthly sales of 5,000 to 20,000 yuan.

2. Sales of taxable labor services: monthly sales of 5,000 to 20,000 yuan.

3. Paying tax on a per-tax basis: sales of 300 to 500 yuan per time (day).

The starting point has a threshold problem, for example, the prescribed starting point for the monthly sales of 5,000 yuan, a taxpayer's monthly sales of 4,999 yuan, the taxpayer has not reached the starting point, do not have to pay taxes; and another taxpayer's monthly sales of 5,000 yuan, then the taxable amount = 5,000 * 4% = 200 yuan / month.

In summary, the range of the starting point for VAT in 2024 is 5,000-20,000 yuan of monthly sales for the sale of goods or taxable labor services, and 300-500 yuan of sales per time (day) for per tax payment. The exact amount of the starting point will be determined by the finance department (bureau) and the state tax bureau in each region according to the actual situation.

Legal basis:

"Chinese People's Republic of China*** and the State Administration of Taxation"

Article 3

Taxes are levied and suspended, as well as tax reductions, tax exemptions, tax refunds, tax reimbursement, in accordance with the provisions of the law; the State Council is authorized by law to stipulate the State Council in accordance with the provisions of the administrative regulations formulated by the State Council.

No organ, unit or individual may, in violation of the provisions of laws and administrative regulations, make unauthorized decisions on the introduction and suspension of taxes, as well as tax reductions, exemptions, refunds and compensatory taxes, or any other decisions contradicting the tax laws and administrative regulations.

Article 4

Laws and administrative regulations stipulate that units and individuals with tax obligations are taxpayers.

Laws and administrative regulations provide that the units and individuals obliged to withhold and collect taxes on behalf of the taxpayer.