General bills can t be deducted from taxes, so what can they be used for?

Ordinary bills are not tax deductible, but can be used to check accounts. The invoice is a written proof of the receipt and payment provided to the other party by all units and individuals in the purchase and sale of goods, the provision of labor services or the acceptance of labor services, services and other business activities, and is the legal voucher of financial revenue and expenditure, the original basis of accounting, and the important basis for law enforcement and inspection by auditing organs and taxation authorities.

Invoice refers to the text issued by ** to the buyer in economic activities, including the name, quality, and agreement of the product or service provided to the buyer. In addition to the advance payment, the invoice must have the elements of payment by the purchaser to the first party according to the agreed conditions, and must contain the date and quantity, which is an important document for accounting. The Chinese accounting system stipulates that a valid invoice for the purchase of products or services is called a tax invoice.

**The vouchers of departmental fees and levies are called differently in different periods and different fee levy items, but they are mostly collectively referred to as receipts for administrative fees. For internal audit and auditing, each invoice must have a unique serial code to prevent duplicate or skipping invoices.

Measures of the People's Republic of China for the Administration of Invoices

Article 10. Invoices shall be overprinted with the national uniform invoice supervision seal. The style of the national unified invoice supervision seal and the requirements for the printing of the invoice layout shall be prescribed by the competent tax department.

The invoice supervision seal shall be made by the tax authorities of provinces, autonomous regions and municipalities directly under the Central Government. It is forbidden to forge the invoice supervision seal.

The invoice is subject to an irregular version change system.

General invoices cannot be deducted from VAT, but they can be deducted before corporate income tax.

Ordinary bills are generally tax deductible.

Generally speaking, the tax rate for small-scale taxpayers is 3%, and if it is an invoice issued by a general taxpayer, the tax rate is 16%, 10%, 6%, and 0%.

The tax rate of ordinary invoices is 17% and 13% for general taxpayers, 6% for small-scale taxpayers for industry, and 4% for business.

For business tax items, the tax rate is likely to be %. The agricultural sector is tax-exempt and the tax rate is 0%.

Legal basis] Measures of the People's Republic of China for the Administration of Invoices

Article 7 The special VAT invoice shall be printed by the enterprise determined by the competent tax department; Other invoices shall be printed by enterprises determined by the tax authorities of provinces, autonomous regions and municipalities directly under the Central Government in accordance with the provisions of the competent tax authorities. It is forbidden to print, forge or alter invoices without permission.

Article 8 Enterprises that print invoices shall meet the following conditions:

A) to obtain a printing business license and business license;

2) The equipment and technical level can meet the needs of printing invoices;

3) Have a sound financial system and strict quality supervision, safety management, and confidentiality systems.

The tax authorities shall determine the enterprises that will print the invoices by way of bidding and issue the invoice certificates. Article 4 The competent tax authorities are responsible for the management of invoices nationwide. The tax authorities of provinces, autonomous regions and municipalities directly under the Central Government shall do a good job in the management of invoices within their respective administrative areas in accordance with their duties.

The relevant departments of finance, auditing, market supervision and management, public security and other relevant departments shall cooperate with the tax authorities in the management of invoices within the scope of their respective duties. Article 15 Units and individuals who need to purchase invoices shall go through the invoice purchase procedures with the in-charge taxation authorities with the tax registration certificate, the identity certificate of the person in charge, and the impression of the special invoice seal made in accordance with the specifications prescribed by the competent tax authorities. According to the business scope and scale of the purchasing units and individuals, the in-charge taxation authorities shall confirm the type, quantity and method of purchasing invoices, and issue the invoice collection book within 5 working days.

Ordinary VAT invoices cannot be deducted from taxes, but they can ensure the rights and interests of consumers. It's really useless for the seller. VAT special invoices can be deducted from taxes, and part of the tax can be paid less, and VAT invoices shall not be issued for items exempt from VAT.

Legal basis. Article 8 of the Provisional Regulations of the People's Republic of China on Value-Added Tax.

The amount of VAT paid or borne by taxpayers for the purchase of goods, services, services, intangible assets and immovable property shall be the amount of deferred input tax.

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

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

2) The amount of VAT indicated on the special payment certificate for import VAT obtained from the Customs.

3) For the purchase of agricultural products, in addition to obtaining special VAT invoices or special payment certificates for customs import VAT, the input VAT 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 11% shall be calculated unless otherwise specified. The formula for calculating input tax: input tax = purchase price deduction rate.

4) The amount of VAT indicated on the tax payment voucher for the withholding and payment of tax obtained from the tax authorities or withholding agents for the purchase of services, services, intangible assets or immovable property within the territory of China from overseas or individuals.

Although ordinary invoices cannot be deducted, they still have their role. Ordinary invoice refers to the receipt and payment voucher issued and collected in the purchase and sale of goods, the provision or acceptance of services, and other business activities. Its main purpose is to prove the authenticity of economic business activities.

Legal basis: Article 9 of the Provisional Regulations of the People's Republic of China on Value-Added Tax stipulates that if a taxpayer purchases goods or taxable services and obtains a VAT deduction voucher that does not comply with the relevant provisions of laws, administrative regulations or the competent tax authorities, the input tax shall not be deducted from the output tax.

The VAT invoice is one of the accounting bases for enterprises.

Although the VAT general invoice cannot be deducted from VAT, it can be deducted from the enterprise income tax (additional consideration should be given to the deduction limit for entertainment stalls, welfare expenses, etc.). For general taxpayer enterprises, the issuance of special invoices for indiscriminate sales of goods by general taxpayer enterprises is decided according to the nature of the customer and has nothing to do with the calculation of value-added tax. When calculating the VAT payable, the output VAT can be deducted from the input VAT.

Ordinary tickets are not tax deductible. According to the regulations, under normal circumstances, ordinary invoices are not tax deductible, and only special VAT invoices can be deducted. However, there are exceptions, such as ordinary invoices such as the purchase of a large number of agricultural products and freight, which can be deducted in accordance with the regulations.

Is it useless that ordinary invoices cannot be deductible for tax?

No, the free text invoice also has a big role. Although the ordinary invoice cannot be deducted from the tax, it is the original voucher for bookkeeping. Its role is reflected in the accounting, because it records the relevant income and expenditure, proving that every transaction is real, and it is not made up at will, just like the invoice issued by employees on business trips, accommodation and meals, with invoices, you can get financial reimbursement.

Accounts cannot be legally booked without invoices, and the tax authorities will not recognize expenses without invoices.

Requirements for the issuance of special VAT invoices.

There are certain provisions on the issuance of special VAT invoices:

The first point is that the items need to be filled in completely, and the content of the upper and lower links is consistent with the amount.

The second point is that the handwriting needs to be legible and there should be no traces of alteration. After filling in the wrong invoice, you need to mark the incorrect filling as invalid, and fill in a new invoice.

The third point is that it needs to be stamped with a special seal, which cannot be replaced by other financial seals, and red ink is used.

Fourth, the amount column and total should be lowercase, and the total price and tax should be uppercase. VAT invoices are both vouchers and can also be applied for tax credits.

Legal basis.

Article 15 of the Measures for the Implementation of the Pilot Project of Replacing Business Tax with Value-Added Tax.

The general taxpayer tax collection service shall be subject to the general tax calculation method.

General taxpayers can choose to apply the simplified tax calculation method to calculate their taxes, but once selected, they cannot change it within 36 months.

Article 16. Small-scale taxpayers are subject to the simplified tax calculation method for tax services.

Article 18. The tax payable under the general tax calculation method refers to the balance of the current output tax after deducting the input tax of the current period. Formula for calculating tax payable:

Tax payable = current output tax - current input tax.

If the output tax amount of the current period is less than the input tax of the current period and is insufficient for deduction, the insufficient part can be carried forward to the next period for further deduction.