What is the heating tax rate charged by the property company?

What is the heating tax rate charged by the property company?

The VAT rate of utilities and heating fees charged by property companies is 17% for general taxpayers and 3% for small-scale taxpayers.

Property companies charge water, electricity and heating fees, pay business tax in a differentiated manner, and issue ordinary invoices on their behalf. However, the differentiated tax policy has not been extended in the pilot policy of camp reform. State Taxation Administration of The People's Republic of China is studying to solve this problem. Before the introduction of the new policy, it can be treated differently according to the following circumstances:

1. If the property management company issues invoices for customers in its own name, it is a resale act and should pay VAT according to the invoice amount;

2. If the property company charges utilities, heating fees, etc. , before the general administration is not clear, it can be grasped according to the principle of purchasing business temporarily, and the value-added tax will not be levied temporarily if it meets the following conditions:

(1) The property management company does not advance funds;

(2) Water supply companies, power companies, heating companies, etc. (hereinafter referred to as the seller) will issue invoices to customers, and the property management company will forward the invoices to customers;

The property company settles the payment with the customer according to the sales amount and the value-added tax actually charged by the seller, and charges an extra handling fee.

What tax does the property company pay for heating?

1. Property management companies belong to the scope of business tax collection. However, boiler heating is the main business of property companies and belongs to the scope of value-added tax collection. Therefore, heating income needs to pay VAT.

2. Accounting treatment

(1) Charge heating fee.

Borrow: cash, etc.

Loan: main business income-heating income

Loan: Taxes payable-VAT

(2) heating coal, labor costs, boiler depreciation costs, etc.

Borrow: main business cost-heating fee

Loans: cash, accumulated depreciation, etc.

The Notice of the Ministry of Finance of People's Republic of China (PRC), State Taxation Administration of The People's Republic of China on Some Policy Issues of Business Tax (Caishui [2003] 16) stipulates that the turnover of units engaged in property management is the balance of all income related to property management minus the prices of water, electricity and gas paid by the owner and the rent paid by the lessee.

Article 12 of the Provisional Regulations on Business Tax stipulates that the business tax obligation occurs on the day when taxpayers provide taxable services, transfer intangible assets or sell real estate, receive business income or obtain evidence to claim business income. Unless otherwise provided by the competent departments of finance and taxation of the State Council, such provisions shall prevail.

The Reply of State Taxation Administration of The People's Republic of China on Determining the Tax Basis of Agency Business Tax (Guo [2007] No.908) stipulates that taxpayers engaged in agency business shall take the balance of all the extra-price fees charged from their clients after deducting the deductible part stipulated in the current tax policy as taxable income.

What is the heating tax rate charged by the property company? The above is a detailed introduction to the tax rate of heating fees charged by property companies. Is everyone clear? Taxation refers to a normative form in which the state participates in the distribution of social products in a compulsory and unpaid way in order to provide public goods to the society and meet social needs, and obtains fiscal revenue. Taxation is a very important policy tool. Understand the tax policy and continue to pay attention to our information platform.