Job Recruitment Website - Property management - Can the property company add and deduct the input tax to offset the cost?

Can the property company add and deduct the input tax to offset the cost?

Of course.

The Announcement of the Ministry of Finance and the General Administration of Customs on Deepening the Reform of Value-added Tax (Announcement No.2019 of the Ministry of Finance and the General Administration of Customs of State Taxation Administration of The People's Republic of China, hereinafter referred to as "Announcement No.39") was issued, which detailed the specific policies and measures for the reform of value-added tax. Among them, one of the warmest highlights is to allow taxpayers in the production and life service industry to deduct the input tax plus 10% to deduct the taxable amount in the current period, that is, to increase the deduction policy.