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"Camp To Increase" Is Conducive To Lightening The Burden And Reducing Taxes.

2016/5/11 22:33:00 43

Spinning EnterprisesIncreasing Camp And Reducing Taxes

Business tax and value-added tax are the two main tax categories in China. Business tax is a turnover tax. If there is a circulation link, the tax will be taxed. The more circulation links, the more serious the phenomenon of double taxation.

In theory, the "camp changed to increase" is the original part of the industry in accordance with the business tax levy, and now replaced by value-added tax.

The biggest feature of "camp to increase" is to reduce the duplication of taxes and reduce the tax burden of enterprises.

This shows that the "camp to increase" can be said to be a policy of lightening the burden and reducing taxes.

"Although the" camp changed to increase "has just begun to fully open this month, many implementation details have not yet been released, but predictably, it will definitely reduce the tax expenditure of enterprises.

The relevant person in charge of Zhejiang HUANGHUANG Group Co., Ltd., said in an interview with reporters, "for example, this financial industry is also included in the scope of" camp to increase ", so the interest rate of corporate loans can be deducted from value-added tax, and the expenses of related expenses can also be reduced correspondingly.

"

Sales Tax

There is also a problem of increasing the burden of enterprises after changing VAT.

For example, a brand in the mall monthly rental 200 thousand yuan, when the implementation of "camp changed to increase", although the mall will issue value-added tax invoices, and invoices can be used to offset tax, but some stores have to enter the brand to return some fees to them, the original rent of 200 thousand yuan has changed to 210 thousand yuan, and even some shopping malls will take the opportunity to raise the rent directly, in this perspective, the actual burden of enterprises has increased.

"Our branch in Beijing has started many" bargaining "with the shopping malls on this issue, the official said.

For this, some from Zhejiang

Ornaments

Brand leaders also said that this phenomenon does exist.

"Now many small and medium-sized textile and garment enterprises in China in the process of operation of the tax standard is not uniform, there is a difference in the implementation of different places, so the" camp changed to increase "the implementation of the unified standard, the original low standards of tax items are bound to rise, which also caused some clothing enterprises pay more taxes.

The official said, "the starting point of" camp to increase "is very good, but it is necessary to unite the relevant tax standards in various places, so as to put the benefits of the new deal in practice.

In this regard, some experts pointed out that in the implementation of the camp to increase, if

Deduction of input tax

Or in accordance with the invoice, then some enterprises in the textile and garment industry may be difficult to obtain invoices, making some of the original deductible input tax basis.

In addition, there are also textile and garment enterprises that, as manufacturing enterprises, in addition to raw material costs, labor costs also occupy a large proportion.

The cost of raw materials can always be deducted from input tax. If the labor cost can be incorporated into the business tax to VAT at the same time, the benefit of the enterprise will be further expanded.

In addition, as the "camp changed to increase" involves many industries such as construction industry, real estate industry, finance industry, life service industry and so on, the added value added tax of real estate is included in the scope of deduction. The tax expenditures generated by enterprises in this regard will also be reduced correspondingly, and the financial pressure of enterprises will also be reduced to a certain extent, which will play a positive role in promoting the expansion of enterprises' reproduction.

As for the production process of enterprises, the person in charge said that enterprises like rice king had the value added tax invoices and the strict financial process in the accounting pactions between the upstream and downstream businesses.

In this regard, the head of a fabric company in Guangzhou also said that the "camp to increase" has little impact on traders because the value-added tax invoices used in the trade process have been used before, so the overall push of the "camp to increase" has little impact on such enterprises.

However, the responsible person also said that for enterprises, value-added tax invoices such as legal consulting fees, communication fees, office supplies and other items can be used to deduct the input tax, and also reduce the management cost of enterprises. This has played an integral role in the market competition and sustained and steady development of enterprises.


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