The camp increased and significant changes in engineering machinery
The lease of construction machinery in construction industry includes two kinds: one is dry hire, that is, only the machine is not equipped with machine hand, the other is wet rent, that is to say, the rental machine is equipped with operation and maintenance personnel at the same time. From the tax point of view, the two belong to different taxable categories.
The former is the leasing industry of machinery and equipment rental, tax belongs to the lease of tangible personal property, the range included replacing business tax with value-added tax(VAT) in August 1, 2013, the tax rate is 17%; the latter is the construction industry under construction equipment services, tax attributable to other construction services, construction services in May 1, 2016 after the new replacing business tax with value-added tax(VAT) into the range. The tax rate is 11%; the small scale taxpayer levy rate of 3%. How many taxes are there to affect the leasing industry in the construction machinery industry? What are the ways to deal with it? This article will give a simple discussion.
Tax burden and profit change of machinery leasing enterprises before and after the change of camp
For the outsider, it may not be too clear why the state says that the tax burden of all industries is not increased. On the surface, the tax rate of all walks of life has been increased considerably. Take construction machinery rental industry as example, the rental tax rate of tangible movable property is increased from 5% to 17%, which has been increased to 12% in August 2013, and the rate of increase is 12%. The rate of other construction services is increased from 3% to 3% and by 9%. The main reason is that people are not too aware of the characteristics of the business tax and the VAT itself.
In replacing business tax with value-added tax(VAT) before the sales tax is for in China in the provision of taxable services, transfer of intangible assets, a price of sales of real estate units and individuals to obtain tax revenue collection; value-added tax for units and individuals to repair services and imported goods in the domestic sales of goods, provision of processing and, as the amount of added value is calculated on the basis of a foreign tax levy.
The difference between business tax and value-added tax is the main tax, in addition to the different objects, the key difference is that the business tax levied on business income, regardless of how much to pay the cost of enterprises because of the income tax, the enterprise must burden; while the value-added tax is a tax on the value added, namely income pay taxes can be deducted to pay for the cost of the income tax, after tax deductible deductible loss balance, do not pay taxes; another major difference lies in the difference between "tax" and "the price, the so-called" jiawaishui price refers to the tax according to the tax revenue; the so-called price refers to the tax sales tax. We use some simple data to say that the battalion is going to increase the tax effect on dry rent, wet rent, and small-scale taxpayer business.
Suppose that a construction machinery rental enterprise is a general taxpayer of value-added tax, the annual income is 5 million (including tax), the cost is 3 million 500 thousand, and the additional tax of turnover tax is not considered.
