Unpaid taxes received in advance before housing reform.

How to deal with the balance of taxes and fees payable in the original account after the reform of the camp? Subsequent property fees need to be invoiced and taxed. Is the value-added tax calculated and paid according to this rule when making accounts (especially the part received in advance)? How to calculate the value-added tax payable in this period?

The original business tax is paid according to the actual amount of tickets issued each month (that is, all the property fees received in the current month, including the property fees received in advance in the next few months). When actually making accounts, monthly income is confirmed on the accrual basis, and business tax and surcharges are accrued. In this way, for the property fees received in advance, there will be a debit balance (prepayment).

1) According to the Provisional Regulations on Business Tax and its detailed rules for implementation, the property management enterprise has no obligation to pay taxes when it receives the advance payment, but it has paid the business tax in full because it has issued the invoice in full when it receives the advance payment. The debit balance of the tax payable in the original account may apply to the original competent tax authorities for refund of the prepaid business tax according to the provisions of the pilot project of changing business tax to value-added tax. If the business tax refunded by the competent tax authorities is received, debit "bank deposit" and credit "tax payable-business tax payable"; If the competent tax authorities decide not to refund it, they will debit "business tax and surcharges" by stages and credit "tax payable-business tax payable".

2) If the property fee is subsequently received and the VAT invoice is issued in full, the VAT will be calculated and paid in full at the time of collection, and then the operating income will be confirmed in installments according to the accrual basis.

The accounting treatment for collection is as follows:

Debit: bank deposit/cash on hand.

Loan: Taxes payable-VAT payable

Deposits received

3) The general taxpayer of the property enterprise shall calculate and pay the value-added tax according to the provisions of Articles 21 to 23 of the Measures for the Pilot Implementation of Changing the Business Tax to Value-added Tax; Small-scale taxpayers shall calculate and pay value-added tax in accordance with the provisions of Articles 34 and 35 of these Measures.

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