About the tax exemption policy for small and micro enterprises?

The provisions of the tax exemption policy for small and micro enterprises: If a small-scale taxpayer engages in VAT taxable sales, the total monthly sales does not exceed 100,000 yuan (if one quarter is a tax period, quarterly sales If the amount does not exceed 300,000 yuan (the same below), it is exempt from value-added tax.

If a small-scale taxpayer engages in VAT taxable sales and the total monthly sales exceeds 100,000 yuan, but does not exceed 100,000 yuan after deducting the sales of real estate in the current period, the goods sold shall , labor services, services, and intangible assets are exempt from value-added tax.

Legal Basis

Article 1 of the "Announcement on Collection and Administration Issues Concerning the Policy of Exempting Value-Added Taxpayers from Small-scale Taxpayers"

Incurrence of VAT by Small-scale Taxpayers For taxable sales activities, if the total monthly sales do not exceed 100,000 yuan (if one quarter is a tax period, the quarterly sales do not exceed 300,000 yuan, the same below), they are exempt from value-added tax.

If a small-scale taxpayer engages in VAT taxable sales and the total monthly sales exceeds 100,000 yuan, but does not exceed 100,000 yuan after deducting the sales of real estate in the current period, the goods sold , labor services, services, and intangible assets are exempt from value-added tax.