Will tourism accounting be handled after the reform of the camp?

According to public information, the pilot program of "camp reform" has been made clear. From May 20 17, the pilot program of camp reform will be launched in an all-round way, and the construction industry, real estate industry, financial industry and life service industry will be included in the pilot scope. Among them, the tax rate of construction industry and real estate industry is determined to be 1 1%, and the tax rate of financial industry and life service industry is determined to be 6%.

Let's take a look at how the "camp reform" related to the tourism industry is calculated.

It is reported that after the implementation of the "camp reform", it is divided into two parts: small-scale taxpayers and general taxpayers. In the life service industry to which tourism belongs, small-scale taxpayers pay business tax at 5% of turnover to 3% of sales revenue, and cannot deduct the input tax; The general taxpayer changed from the original 5% business tax to 6% value-added tax. According to relevant regulations, enterprises with annual turnover below 5 million yuan are small-scale taxpayers. After the "camp reform", the tax will no longer be deducted layer by layer, but will be calculated directly by the turnover × tax rate.

For example, an enterprise with an annual turnover of 6,543.8+0,000 yuan needs to pay 6,543.8+0,000× 3% or 30,000. The tax burden is 40% lower than the original 50 thousand. Those with an annual turnover of more than 5 million yuan are classified as general taxpayers and calculated according to the previous 5% business tax. One disadvantage of business tax is that it needs to be taxed repeatedly in the process of product circulation, because business tax only looks at the full amount of business, not the value-added amount.

The so-called value-added tax is paid according to the "value-added part". If the enterprise purchases products from suppliers at a price of 6,543,800 yuan, the sales will be 6,543,800 yuan, of which the extra 200,000 yuan is the value-added part. After the "VAT reform", VAT will be levied at the rate of 6%. Enterprises only need to pay 1.2 tax (1.2 million× 6%-1million× 6% =1.2 million), which is less than the business tax.

According to the relevant provisions of the new tax system reform, what remains unchanged after the "camp reform" is the policy of continuing to implement differentiated taxation for tourism income earners. There are two main changes. One is the change of taxpayer's identity, from business tax taxpayer to value-added tax taxpayer. Value-added tax taxpayers distinguish between small-scale taxpayers and ordinary taxpayers, and the value-added tax rates are 3% and 6% respectively. The second is to deduct the changes in the project. The items that can be deducted from the original business tax include accommodation, catering, transportation, entrance fees and travel expenses paid to other travel companies, while the items that can be deducted from the value-added tax increase the "visa fee" compared with the original policy, reducing the input tax base and tax burden. In theory, it is good for travel agencies mainly engaged in outbound travel.

First, general taxpayers differ in tax accounting.

According to the Notice on Printing and Distributing the Provisions on Accounting Treatment of Pilot Enterprises with Business Tax Changed to Value-added Tax, if the relevant expenses are allowed to be deducted from sales, which is used to record the output tax reduced by enterprises due to sales deduction, a column of "Output Tax Deduction" should be added under the subject of "Taxes payable-VAT payable"; When accepting taxable services, enterprises are allowed to deduct sales and reduce output tax according to regulations. The entries are as follows:

Debit: tax payable-value-added tax payable (output tax deduction) [the difference between the actual amount paid or payable and the above-mentioned value-added tax]

Main business cost [actual paid or payable amount]

Loans: bank deposits/accounts payable

Second, the small-scale taxpayer differential tax accounting

The document stipulates that small-scale taxpayers provide taxable services, and for those who are allowed to deduct relevant expenses from sales, the payable value-added tax due for the decrease in sales is deducted according to regulations, and the subject of "tax payable-value-added tax payable" is directly deducted; When an enterprise accepts taxable services, it is allowed to deduct sales and reduce the payable value-added tax according to regulations. The entries are as follows:

Debit: Taxes payable-VAT payable [based on the difference between the amount actually paid or payable and the above VAT]

Main business cost [actual paid or payable amount]

Loans: bank deposits/accounts payable