What does the deduction rate for input tax mean

VAT payable Current output tax The input tax allowed to be deducted in the current period.

When a finished product is sold, the VAT to be paid is the output tax.

However, when you buy raw materials, products or services, you pay input tax, so some input tax is deductible. The deduction rate of input tax refers to the rate of input tax that can be deducted.

Specifically, the amount of VAT paid or borne by a taxpayer for the purchase of goods or taxable services is the input VAT amount. It is divided according to whether it can be deducted from output tax.

1. The value-added tax indicated on the tax deduction voucher is directly regarded as the input tax and does not need to be calculated (tax deduction with the ticket) 2. The input tax that can be deducted is calculated through the statutory deduction rate (purchase of tax-free agricultural products, freight, purchase of waste materials) The statutory deduction rate is generally 13%, 10% and 7%.

Article 8 of the Provisional Regulations on Value-Added Tax stipulates that the amount of VAT paid or borne by a taxpayer for the purchase of goods or the receipt of taxable services (hereinafter referred to as the purchase of goods or taxable services) shall be the input tax.

The following input VAT is allowed to be deducted from output VAT:

a) omitted. b) omitted.

3) For the purchase of agricultural products, in addition to obtaining a special VAT invoice or a special payment certificate for customs import VAT, the input VAT shall be calculated according to the purchase price of agricultural products indicated on the purchase invoice or sales invoice of agricultural products and the deduction rate of 13%. Input VAT calculation formula:

Input VAT = Purchase Price Deduction Rate.

4) If the purchase or sale of goods and the payment of transportation costs in the course of production and operation, the input tax shall be calculated according to the amount of transportation costs indicated on the transportation cost settlement documents and the deduction rate of 7%. Input VAT calculation formula:

Input VAT = Amount of transportation costs Deduction rate.

Therefore, the "Provisional Regulations on Value-Added Tax" stipulates that the tax rate of special VAT invoices for transportation industry is 11%, and that of small-scale taxpayers is 3%, and the input amount shall not be deducted.

The deduction rate for general taxpayers is 17%.

Small-scale taxpayers are not allowed to deduct input tax.

Input tax and output tax rates: The VAT rates adopted by general taxpayers are divided into % and zero rated.

Input tax. It refers to the taxpayer's purchase of goods, processing, repair and repair services, services and intangible assets.

or immovable property, the amount of VAT paid or beared. Input VAT (purchased raw materials, fuel, power) tax rate.

For general VAT taxpayers, the input VAT on the sale of silver clearance refers to the value-added tax deduction paid for the purchase of goods or taxable services in the current period. When calculated by the enterprise, the output tax amount.

The number after deducting the input VAT is the VAT payable. Therefore, the size of the input tax is directly related to the amount of tax paid.

Non-deductible circumstances.

The amount of VAT paid or borne by a taxpayer for the purchase of goods or the receipt of taxable services (hereinafter referred to as the purchase of goods or taxable services) shall be the input VAT. The input VAT of the following items is not deductible:

1) Purchased goods or taxable services used for non-VAT taxable items, value-added tax exempt items, collective welfare or personal consumption;

2) Purchased goods and related taxable services with abnormal losses;

3) Purchased goods or taxable services consumed in products or finished products with abnormal losses;

4) Consumer goods for taxpayers' own use as stipulated by the competent financial and taxation authorities;

5) The transportation costs of the goods specified in subparagraphs (1) to (4) of this Article and the transportation costs for the sale of duty-free goods.

The input tax deduction rate is in accordance with the provisions of the tax law, and the input tax can also be deducted if the special VAT invoice is not obtained. It is calculated by multiplying the deductible invoice amount by the deduction rate, which is the input tax.

Input VAT deduction rate": Input VAT refers to the amount of VAT paid or borne by taxpayers for the purchase of goods or taxable services. The deduction rate is a rate at which general VAT taxpayers calculate the input tax, zero tax rate, etc.

The input VAT credits allowed for deduction include:

1. The VAT amount indicated on the special VAT invoice obtained from the seller;

2. The amount of VAT indicated on the tax payment certificate obtained from the customs;

3. The input tax credited for the purchase of tax-free agricultural products shall be calculated according to the purchase price and the prescribed deduction rate (13%).

4. The freight paid by general taxpayers for the purchase or sale of goods (except fixed assets) shall be deducted according to the amount of freight listed in the settlement documents (ordinary invoices) at a deduction rate of 7%.

5. The general taxpayers of production enterprises can calculate and deduct the input tax at 10% of the amount indicated on the ordinary invoice for the purchase of waste materials ** business units.

How to determine the deduction rate of the tax amount

Input VAT deduction rate": Input VAT refers to the amount of VAT paid or borne by taxpayers when they purchase goods or accept taxable services. The deduction rate is a rate at which general VAT taxpayers calculate the input tax, zero tax rate, etc.

The input VAT credits allowed for deduction include:

1. The VAT amount indicated on the special VAT invoice obtained from the seller;

2. The amount of VAT indicated on the tax payment certificate obtained from the customs;

3. The input tax deductible for the purchase of tax-exempt agricultural products.

4. The freight paid by general taxpayers for the purchase or sale of goods (except fixed assets) shall be allowed to deduct the input tax according to the freight amount listed in the settlement documents (ordinary invoices).

5. The general taxpayers of production enterprises can be deducted according to the amount indicated on the ordinary invoice for the purchase of waste materials ** business units.

The amount of value-added tax paid or borne by the taxpayer for the purchase of goods or the receipt of taxable services. The input VAT of the enterprise shall be calculated and deducted according to the following provisions: (1) The VAT indicated on the special VAT invoice obtained for the purchase of goods or the acceptance of taxable services.

2. The amount of VAT indicated on the tax payment certificate obtained from the customs; (3) The input VAT credited for the purchase of tax-exempt agricultural products shall be calculated according to the purchase price and the deduction rate of 10%. Input VAT calculation formula:

Input VAT = Purchase Price Deduction Rate. The purchase price in the above formula includes the price paid by the taxpayer to the agricultural producer for the purchase of tax-exempt agricultural products and the tax on special agricultural products collected and paid on behalf of the taxpayer in accordance with the regulations. (4) Value-added tax general taxpayers engaged in the operation of waste materials can calculate and deduct input tax according to the purchase amount and the deduction rate of 10% for the purchase of waste materials.

5) Taxpayers can calculate and deduct input VAT at the deduction rate of 7% for transportation expenses incurred by taxpayers. The input VAT of the following items shall not be deducted from the output VAT: (1) Purchase of fixed assets.

Fixed assets refer to machines, machinery, transportation equipment and other equipment, tools, appliances related to production and operation with a service life of more than 1 year, as well as items with a unit value of more than 2,000 yuan and a service life of more than 2 years, which do not belong to the main equipment of production and operation. (2) Purchased goods or taxable services for non-taxable items. Non-taxable items refer to the provision of non-taxable services, the transfer of intangible assets, the sale of immovable property and fixed assets under construction.

3) Purchased goods or taxable services for tax-exempt items. If an enterprise concurrently engages in tax-exempt items and cannot accurately divide the input tax, the non-deductible input VAT shall be calculated in accordance with the regulations. (4) Purchased goods or taxable services for collective welfare or personal consumption.

5) Abnormal losses of purchased goods, including: natural disaster losses, theft of goods, mismanagement losses such as mildew and deterioration, and other abnormal losses. (6) Purchased goods or taxable services consumed in products or finished products due to abnormal losses.

Law of the People's Republic of China on the Administration of Tax Collection Article 61 Where a withholding agent fails to set up and keep the account books for withholding and remitting, collecting and remitting taxes or keeping the accounting vouchers and relevant materials for withholding and remitting, collecting and remitting taxes in accordance with the regulations, the tax authorities shall order it to make corrections within a time limit and may impose a fine of not more than 2,000 yuan; where the circumstances are serious, a fine of between 2,000 and 5,000 RMB is to be given.

Summary. The result of dividing the input tax by the tax rate is the tax payable. This is because, under the VAT system, the VAT paid by a business when purchasing goods or receiving services can be deducted as input tax, while the VAT collected when a business sells goods or provides services needs to be paid to the state, and this part of the tax is called output tax.

The tax payable refers to the amount of VAT payable by the enterprise, which is calculated as follows: tax payable = output tax - input tax, where the input tax divided by the tax rate is the tax amount that can be deducted when the enterprise purchases goods or receives services. For example, if an enterprise purchases 1,000 yuan of goods and the VAT rate is 13%, then the enterprise can deduct 130 yuan of input tax, that is, 1,000 yuan 13% = 130 yuan.

If the enterprise sells goods and the VAT charged is 200 yuan, then the tax payable of the enterprise is: tax payable = 200 yuan - 130 yuan = 70 yuan Therefore, the input tax divided by the tax rate is the tax amount that the enterprise can deduct, and the tax payable is the tax amount that the enterprise needs to pay.

The result of dividing the input tax by the tax rate is the tax payable. This is because, under the Doutalu VAT system, the VAT paid by the enterprise when purchasing goods or receiving services can be deducted as input tax, while the VAT collected when the enterprise sells goods or branches and provides services needs to be paid to the state, and this part of the tax is called output tax.

Excuse me, but please go into more detail?

The result of dividing the input tax by the tax rate is the tax payable. This is because, under the VAT system, the VAT paid by an enterprise when purchasing goods or receiving services can be deducted as input tax, while the VAT collected when an enterprise sells goods or provides services needs to be paid to the state. The tax payable refers to the amount of VAT that should be paid by the enterprise, and the calculation formula is:

Tax Payable = Output Tax - Input Tax Amount, where the input tax amount divided by the tax rate is the amount of tax that can be deducted when the business purchases goods or receives services. For example, if an enterprise purchases 1,000 yuan of goods and the VAT rate is 13%, then the enterprise can deduct 130 yuan of input tax, that is, 1,000 yuan to 13% = 130 yuan. If the enterprise sells goods and the VAT charged is 200 yuan, then the tax payable by the enterprise is:

Tax payable = 200 yuan - 130 yuan = 70 yuan Therefore, the input tax divided by the tax rate is the amount of tax that can be deducted by the enterprise, and the tax payable is the amount of tax that the enterprise needs to pay.