How to choose to do accounting and tax returns when opening a restaurant?

According to the specific situation of the hotel, there are usually two ways to keep accounts:

1, if the hotel is a small hotel, the area is not large, but the benefits are good and there are not many workers, then it is best to choose the tax package (modulo or estimacion objetiva).

This accounting method is based on the size of the hotel, the number of tables (calculated by four people at a table), the number of workers and electricity consumption. How much tax to pay is a formatted calculation method. Whether it is compensation or profit, the tax paid every quarter is the same. However, if more workers are added in the fifth or sixth month, you will have to pay more taxes next year. If it is a small shop, such as a dried fruit shop and a hundred-dollar shop, you don't have to pay IVA tax, but if it is a service industry, such as restaurants, restaurants, hotels and barber shops, you have to pay IVA tax.

2. Direct estimation.

This is calculated according to the monthly turnover. If the hotel has a large area, many workers and average business, it is best to choose to be held accountable. In other words, the total income of each quarter minus 20% of the net profit of the total expenditure of each quarter is the tax to be paid to the state. For example, some big investments, such as cars, kitchen supplies, engineers' drawings, refrigerators, coffee machines and a large number of tables, chairs and benches, cost thousands or tens of thousands of euros. These large expenditures can be regarded as recoverable investments, and as long as there are invoices from IVA, they can be counted as expenditures. Generally speaking, the more income, the more tax will be reported. In order to pay less taxes, some restaurants report losses every quarter, once or twice occasionally, but not for a long time.

It is suggested that it will take at least three years after deciding to choose one of the above accounting methods.