heavyweight! There are new rules for VAT invoicing policies! The tax bureau just announced! It will be officially implemented from October 1, 2022!
NO.01
invoice new regulations
will be implemented from October 1st!
Key points:
1. Enterprises whose registered residence and business premises are clearly outside the second-hand car trading market can carry out second-hand car sales business.
2. For enterprises engaged in new car sales and second-hand car sales, the business scope of is uniformly registered as "car sales", and is registered in accordance with relevant regulations.
3. Starting from October 1, 2022, for registered car sales companies that purchase second-hand cars from natural persons, allows the company to reversely issue a unified invoice for second-hand car sales and handle the transfer registration procedures accordingly.
4. It is clarified that car sales enterprises should conduct accounting accounting of second-hand cars purchased and used for sale in accordance with the national unified accounting system according to the " inventory goods " account.
5, Starting from January 1, 2023, if a natural person sells 3 or more second-hand cars held for less than 1 year in a calendar year, car sales companies, second-hand car trading markets, auction companies, etc. No unified invoice for second-hand car sales shall be issued for them, and will not handle transaction registration procedures. The relevant departments will handle it in accordance with regulations.
Attachment: VAT treatment of second-hand car transactions
Note: From April 1, 2022 to December 31, 2022, small-scale taxpayers are subject to the 3% tax rate exempt from VAT, and issue tax-free VAT Ordinary invoice .
The sample of unified invoice for second-hand car sales is as follows:
NO.02
All-electric invoice is here!
will be officially implemented on July 18th!
In addition to reverse invoicing, invoicing also faces a major change!
Starting from July 18, 2022, 9 regions including Hubei Province, Hunan Province, Hebei Province, Henan Province, Anhui Province, Chongqing City, Fujian Province, Jiangxi Province, and Shaanxi Province will be included in the pilot scope of all-electric invoice acceptance.
Before adding, currently 18 regions across the country accept all-electric invoices, including Guangdong Province (excluding Shenzhen), Shanghai City, Inner Mongolia Autonomous Region, Henan Province, Hebei Province, Anhui Province, Fujian Province, Jiangxi Province, Shaanxi Province, Chongqing City, Shenzhen, Sichuan Province, Beijing City, Jiangsu Province, Shandong Province (excluding Qingdao ), Zhejiang Province (excluding Ningbo ), Hunan Province, Hubei Province, etc.
Among them, the provinces that can issue all-electricity invoices are: Guangdong Province (excluding Shenzhen), Shanghai City and Inner Mongolia Autonomous Region.
Attachment: One picture to understand the all-electric invoice
Source: Finance No. 1 Classroom, Tax Studies, Tax Manager.
