The problem of paying business tax in small hotels

If your hotel is a company that collects taxes and fees through auditing, then the business tax is generally paid according to the invoice issued. However, the General Taxation Bureau will, in combination with the special circumstances of the catering industry, require enterprises to declare some unpaid turnover on their own every month. Therefore, we suggest that your company:

In addition to reporting the operating income according to the invoiced amount every month, declare a part of the uninvoiced operating income by yourself;

According to the financial regulations, the initial start-up expenses should be amortized within 5 years;

In addition to paying business taxes, hotels have to pay enterprise income tax according to profits, so your company should make a tax plan. The State Administration of Taxation will focus on inspecting loss-making hotels. I hope your company's profit and loss statement will not lose money. Of course, if the business really loses money, then there is no need to worry about the inspection by the tax bureau. I hope the advice can help you.