Wuhan “Manmian finance and taxation” is the brand of Manmian tax consulting (Wuhan) Co., Ltd., which mainly provides the company with: registered business license, agency bookkeeping, industrial and commercial agency, license handling, intellectual property rights, tax planning consulting and other financial and taxation services; The key personnel of the company have 10 years of relevant industry experience.
This is mainly because there are great differences in the methods used to calculate the corresponding tax amount for different business types.
in serious cases, they not only have to pay late fees, but also affect the overall credit rating of the company, and finally there are certain hidden dangers in the development of the enterprise.
Financial personnel’s non-standard financial treatment, wrong income and cost accounting methods, untimely tax payment, etc.
In practice, affiliated units or individuals often purchase falsely issued special VAT invoices in order to increase their deductible costs.
In terms of technology contracts, enterprises often have corresponding businesses such as technology development, transfer and patent royalties.
As VAT belongs to extra price tax, relevant terms must be clearly defined in the process of determining the contract amount.
If relevant personnel do not understand the policies deeply enough, If the technical contract is not registered in time and a special VAT invoice is issued at the use tax rate of 6%, there may be overpayment of taxes; 2.
When the construction quality and credit of the affiliated party cannot be controlled, once there are problems, they shall be borne and solved by the affiliated party, which has high business risks.
Wuhan Manmian finance and taxation business scope 1、 Industrial and commercial agency services: registered business license, equity change, company cancellation, cancellation of abnormal operation and bank account opening; 2、 Agency bookkeeping service: Acting bookkeeping, invoicing and tax planning, pushing tax planning knowledge and providing tax planning services; 3、 Trademark and intellectual property services: trademark registration, trademark transfer and trademark design; 4、 Licensing services: food business license, class III medical device license, school running license and construction qualification agency..
2.
The risk of affiliated operation the construction industry needs corresponding construction qualification to undertake projects.
As for the handling of business certificates for going out, when some enterprises go out for business, the tax certificates are not handled in time, or the tax is not paid in advance in time according to the advance collection or project progress, resulting in the risk of delayed tax payment.
However, the labor cost of construction enterprises accounts for a large proportion of the cost, and the input tax deduction rate is seriously insufficient, It will lead to a sharp rise in the tax burden rate.
In serious cases, it will lead to the degradation of enterprise tax credit rating, which will have a negative impact on enterprise credit and tax related matters.
For construction enterprises, because most of their projects are in remote areas, it is difficult to obtain many cost invoices.
(tax planning column) There are three main risks in the process of tax treatment of construction enterprises: 1.
Therefore, when signing the contract, we must carefully select the business type, so as to make the most scientific decision.
However, the management system of many enterprises is not clear, resulting in the failure to collect invoices in time, and the deduction of prepaid taxes can not be carried out, resulting in the outflow of cash from the enterprise; 3.
From this perspective, the risks brought to enterprises are as follows: 1.
Due to the frequent turnover of personnel, some companies fail to cancel the out of office business license in time when the business is completed.
Will lead to the company’s tax obligations in advance, and the current value-added tax and corresponding additional tax must be paid first, which can not achieve the goal of delaying tax payment and giving full play to the maximum utility of funds.
When a construction enterprise needs to carry out construction across regions, provinces and cities, the company shall pay taxes in advance in time when receiving the project funds received in advance.
Risk of inadequate understanding of the tax policy of the technology contract if the construction enterprise has technology development, technology transfer, patent technology transfer, patent royalty and other businesses during the construction process, if the relevant handling personnel do not understand the tax policy knowledge and fail to register the technology contract in time, they shall issue a special VAT invoice at the applicable tax rate of 6% and complete the tax declaration, Pay taxes, so that the value-added tax that could have been reduced or exempted is paid at the applicable tax rate, it will pay more taxes and occupy funds.
Wuhan “full face finance and taxation” mainly provides the company with: registered business license, agency bookkeeping, industrial and commercial agency, license handling, intellectual property rights, tax planning consulting and other finance and taxation services.
3.
In the process of signing a contract, how to select the corresponding contract business type has a great impact on the tax paid by construction enterprises.
In the contract payment phase, business personnel often do not clearly agree on the payment terms in the contract, resulting in that the input invoice cannot be obtained in time when the payment is made; Failure to agree on the input of the combination of payment terms and construction progress, construction safety and construction quality.
The risks brought by the unclear price and tax terms of economic contracts.
Tax planning should occur before tax behavior, and enterprises should do the corresponding planning work in advance.
The so-called affiliated operation refers to that low-level qualified enterprises or unqualified individuals undertake projects in the name of high-level qualified enterprises, and pay a certain proportion of management fees to the affiliated enterprises.
However, due to the failure of relevant personnel to reasonably distinguish between intra price tax and extra price tax, effective price comparison and negotiation are not carried out, resulting in a significant increase in procurement cost.
Without screening and confirmation of suppliers in advance, some costs and expenses have been paid, which makes it impossible to obtain special VAT invoices or even ordinary invoices in the later stage, so input taxes and costs cannot be deducted.
A considerable part of them are paid in cash by purchasers, long-term prepayments or other receivables of the company are on credit, and costs and expenses cannot be deducted before income tax, Lead to overpayment of income tax in advance.
This affiliated business model has the risk of poor cost invoice management, tax inspection and fuzzy project construction responsibility.
Financial personnel cannot obtain cost invoices, and the risk caused by non-standard financial treatment lies in the acquisition of reasonable bills.
Due to its particularity, there are many affiliated operations in the construction industry.
Due to the limited human resources of the affiliated unit, the supervision of the actual situation of the project construction is not in place, and the cost deduction invoice provided by the affiliated party cannot be strictly monitored, there will be the risk of tax inspection, loss, credit risk of the affiliated party’s enterprise, and even serious criminal liability.
For ordinary VAT taxpayers, they can only pay the construction industry vat at the applicable tax rate.
For the quality problems in the project construction, the project undertaken in the name of the affiliated party shall also be borne by the affiliated party.
In the actual project construction, The affiliated party carries out comprehensive project construction, tax payment and other acts in the name of the affiliated party.
