How to make accounting entries for differential taxation of small-scale taxpayers in tourism? How to make an account?

Small-scale differential taxation of tourism is subject to the tax rate of 3%, which is generally accrued once every quarter according to profits. How to make accounting entries for differential taxation of small-scale taxpayers in tourism? How to make an account? Let's take a look at it with the deep space network!

How to make accounting entries for differential taxation of small-scale taxpayers in tourism?

1. When ordinary taxpayers in the pilot taxpayers receive taxable services, if they implement differential tax according to the regulations, the subjects such as "Taxable Payable-VAT Payable" should be debited for the value-added tax allowed to be deducted according to the provisions of the tax law.

2. When the actual paid or payable amount is different from the above-mentioned VAT amount, debit subjects such as "main business cost", and credit "bank deposit" and "accounts payable" when using the actual paid or payable amount.

The specific accounting treatment of small-scale taxpayers' differential taxation is as follows:

1, accounting entries when obtaining tourism service income

Debit: bank deposit

Loan: income from main business

Taxes payable-VAT payable

2. Accounting treatment when paying the subcontract of tourism services of the other company

Debit: main business cost

Taxes payable-VAT payable

Loans: bank deposits

3. Accounting entries for accommodation, transportation, tickets and catering expenses.

Debit: main business cost

Taxes payable-VAT payable

Loans: bank deposits

What are the valid deduction vouchers for differential taxation?

1. If it is paid to a domestic unit or individual, the valid deduction voucher is an invoice.

2. For tax payment, the valid deduction voucher is the tax payment voucher.

2. If the payment is made to an overseas unit or individual, the valid deduction voucher shall be the receipt of the unit or individual.

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