"Announcement of the Ministry of Finance and the State Administration of Taxation on the Exemption of Value-added Tax on Small-scale Value-added Tax Tax" (Announcement of the Ministry of Finance and the State Administration of Taxation No. 15, 2022) stipulates: From April 1, 2022 to December 31, 2022, small-scale Value-added Tax taxpayers shall be exempted from VAT; prepayment of VAT items with a 3% tax rate shall be suspended.
"Announcement of the Ministry of Finance and the State Administration of Taxation on Continuing the Implementation of Partial Tax and Fee Preferential Policies in Response to the Epidemic" (Announcement of the Ministry of Finance and the State Administration of Taxation No. 7 of 2021) The implementation period shall be extended to March 31, 2022.
means that the 1% reduction will be temporarily withdrawn from April. From April 1, a 1% invoice cannot be issued. What situations can be issued for
?
1. Small-scale VAT taxpayers obtain taxable sales revenue, and the tax obligation occurs before March 31, 2022. VAT invoices have been issued at a 3% or 1% levy rate. , which needs to issue a red invoice in case of sales discount, suspension or return of , should be issued a red invoice at the corresponding levy rate. If the invoice is incorrect, the that needs to be reissueed should be issued according to the corresponding collection rate, and then the correct blue-font invoice should be issued.
2. VAT income has been declared at the 1% levy rate without invoices. VAT invoices can be issued at the 1% levy rate.
So, no matter when your contract was signed, whether you can issue 1% depends on the business's VAT tax obligation time. If the contract was signed before April, the VAT tax obligation time will occur after April 1, and you can't issue a 1% invoice.
1% of the tax obligation must be before April 1, which is divided into tax obligations before April 1 invoices. If sells a discount, suspension or return, needs to be red-for-money, or if the invoice is incorrect, it needs to be red-for-money.
or you have already had a tax obligation before April 1, and have declared uninvoiced income, and you need to make a replacement invoice in the later stage.
In fact, the second brother suggested that he should try to avoid issuing a 1% invoice after April 1, because 1% is issued in these special circumstances is not easy to deal with when filling out the declaration form.
