Construction companies pay more taxes, double taxes? Increase cost burden? Obviously, they can enjoy the policy, but they just missed it
With the increasingly fierce competition among Chinese enterprises, the improvement of the taxation mechanism and the improvement of the tax law, more and more enterprises regard the improvement of the cost constraint mechanism as the focus of corporate management. Taxation is the core element of cost. If business, construction, and financial companies want to minimize tax costs, it is particularly important to plan taxation in a planned way. The tax planning capabilities of Chinese SMEs are generally not high. Business, construction, and financial companies should correctly understand the importance of tax planning and learn to master the basic theories of tax planning.
The 2020 "Government Work Report" stated that in 2019, tax cuts and fees were 2.36 trillion yuan, exceeding the original scale of nearly 2 trillion yuan, and manufacturing and small and micro enterprises benefited the most. In 2020, we must resolutely continue to assign tax and fee reduction policies to enterprises, so as to retain the green hills and win the future.
2020 tax cuts and fee reductions are reducing the burden on enterprises,
Business, construction, and financial companies still feel heavy?
Business, construction, and financial companies are often at a loss when facing complex taxation issues. Overpayment of taxes and repeated taxes will increase the cost burden of enterprises. On the other hand, it is obvious that you can enjoy preferential policies, but you just miss it because the company has not made tax planning in advance.
By planning ahead, companies can not only reduce tax costs without violating laws and regulations, but at the same time enjoy policy preferences and gain more cost advantages in the fierce competition.
Do you still have these troubles about finance, taxation, trade, construction, finance and other enterprises?
1. There are too many tax policies to understand
2. What are the preferential policies for investment promotion?
3.Which areas are there in tax depressions?
4. Social security payments are heavy and operating costs are rising
5. How to save tax on equity transfer?
6. Worried about tax risks and no professional financial control
Taxes are divided into three categories: national tax, local tax, national tax and local tax sharing. Different regions, different industries, different times, and the nature of the company will affect the tax types and tax rates of the company. Through effective tax planning, companies can achieve the best value of revenue, costs, expenses and profits, and achieve the goal of reducing tax burdens.
Enterprises should do a good job of tax planning and make rational use of preferential tax policies:
The tax burden can be reduced by splitting the business structure and splitting the business model. Enterprises can set up branches, subsidiaries or new companies in headquarters economic investment parks such as Chongqing, Hainan, Shanghai, Hubei, Jiangsu, Jiangxi, and Qinghai.
Settled in the park in the form of a sole proprietorship enterprise, enjoy the tax verification and collection policy. For example, some XX consulting, XX design, XX service, XX center, XX studio, XX engineering team, XX sales center, etc. can enjoy the approved collection policy in the establishment of a sole proprietorship.
Sole proprietorships (small-scale/general taxpayers) can apply for the approved collection. The income of a sole proprietorship enterprise enjoys local tax preferential policies, which is applicable to the 5%-35% excess progressive tax rate, and is levied according to the industry’s taxable income rate. After the individual income tax is levied, small-scale taxpayers 0.5%-2.1% (small-scale taxpayers) 2.1%), 0.5%-3.1% of general taxpayers.
Construction and commerce companies can also separate labor services and material procurement, and set up construction engineering teams and material procurement and sales centers in the park. They can also enjoy the approved collection. The sales and purchasing operation department's individual tax is authorized to collect 0.25%~1.75%.
Case analysis:
An architectural design company in Shanghai has an annual turnover of 9 million yuan excluding tax. Housing, labor costs and various expenses totaling 2 million yuan can obtain invoices or other valid vouchers. Part of the cost and expense invoices cannot be obtained. Will face high taxes. We recommend that companies split their business into two small-scale sole proprietorships
Value-added tax: 900*6%=540,000
Additional tax: 54*12%=64,800
Corporate income tax: (900-200)*25%=1.75 million
Personal income tax: (900-200-175)*20%=1.05 million
Business diversion, establishment of sole proprietorship, reasonable tax saving:
Value-added tax: 450*1%=45 thousand
Additional tax: 4.5*12%=0.54 million
Corporate income tax: 0
Personal income tax: 94,500
Total tax payment: 144,900 *2 = 289,800
In addition, enterprises entering the park in the form of new companies or branches can enjoy:
VAT is supported by 60%-90% of local fiscal income
Corporate income tax is supported by 40%-95% of local fiscal income
Individual taxes paid by shareholders can enjoy 40%~70% support retained by the local government
Vehicle and vessel tax: 70%-80% of the total tax payment is supported!
[In addition, large taxpayers can discuss one by one. In addition to the preferential policies given by the state, certain industries can also apply for the superposition of local park tax incentives]
From now on, all limited companies can enter the park for free, with zero yuan entering the park.
Case analysis:
