Seeing that invoicing is tax deductible, why invoicing can be tax deductible
1, small-scale taxpayers: this kind of enterprise basically does not distinguish between special and general invoices, because they can't be value-added tax deductible. Just after the invoice is developed, it can reduce the profit of the enterprise, and the enterprise income tax will come down.
2, general taxpayers: for the special ticket, can be deductible, the general ticket with small-scale taxpayers, are to increase business costs, reduce corporate profits, reduce the paid corporate income tax.
3, individual businessmen: because there is no approved enterprise income tax, only pay personal business income that is still useful, reduce their income profit tax also down, why invoices can be tax deductible?
Generally this should be divided into individuals or enterprises to say, personal words, invoicing is basically no tax credit. After the implementation of the new tax law in 2019, if the personal income tax remittance has a major medical credit, then you need a medical invoice! Individuals have a special kind of is self-employed, because there is no approved enterprise income tax, only pay personal business income, that is still useful to reduce their own income profit, the tax will come down.
Enterprises are also divided into two kinds:
One kind of small-scale taxpayers, this kind of enterprises basically do not distinguish between special, general tickets, because they can not be value-added tax credits, just after the invoice, you can reduce the corporate profits, the corporate income tax will also come down; the other kind of taxpayers in general, for the special tickets can be credited, the general ticket with the same as small-scale taxpayers are to increase the cost of business The first one is to reduce the profit of the enterprise, and reduce the enterprise income tax paid.
Simply put: the VAT offset, must be a general taxpayer + special tickets. Pay less income tax, special, general can (but must be compliant) For example, your business with steel plate to make a finished fireplace sales of incoming tickets for steel, that does not make sense, right?
A, which invoices can be deducted from the corporate income tax?
Like now the enterprise each year to settle an enterprise income tax. As soon as the end of the year many enterprises began to look for invoices, then which invoices can be counted as can be deducted from the enterprise income tax?
1, cost class, the actual occurrence of invoices related to business operations, like general taxpayers, input tickets can be deductible value-added tax can also be deductible enterprise income tax. Like the production industry enterprises, to purchase raw materials ah, freight, production machine equipment costs, maintenance ah invoices can be used as a deduction of enterprise income tax. The business industry, that is, the enterprise purchase of goods invoices can be used as a deduction of enterprise income tax.
2, is the management costs, such as office expenses, such as courier fees, telephone charges, property utilities, travel expenses, office equipment, company supplies can be used to offset corporate income tax, these invoices can be used as a personal head to invoice, but the premise is that this person belongs to the company staff Oh, and office supplies need to be detailed.
3, sales costs, that is, advertising ah, publicity, promotional costs, books, newspapers, etc. These are sales costs, transportation costs, rental costs can also be used to offset corporate income tax.
4, finance costs, refers to interest expenses (short-term or long-term borrowing interest bills), foreign exchange losses (foreign exchange and the difference between the bank to buy or sell and the exchange rate used in the bookkeeping), fees (bank transfer fees, Internet banking service fees, etc.) and so on.
5, taxes and surcharges, such as consumption tax, urban maintenance and construction tax, resource tax, education tax, property tax, land use tax, vehicle and vessel use tax, as well as stamp duty and other related taxes and fees can also be used to offset corporate income tax. Although there are many types of invoices available, but not because of the end of the year, can not find invoices to offset the tax they have to pay more, and go to the false invoices to offset.