What are the tax pain points of construction enterprises?How to deal with the problem of missing inp

Mondo Finance Updated on 2024-01-31

Pay attention to "Worry-free Tax Saving", worry-free tax saving focuses on investment promotion in the park, tax planning for enterprises, and reasonable compliance to help enterprises!

1. What are the tax pain points of construction enterprises?

1. The installation and construction project generally has a long construction period, large mobility, a wide construction area, and abundant building supplies. **Most of the merchants are self-employed and small-scale taxpayers cannot provide sufficient invoices.

2. The construction and installation industry is a labor-intensive industry, with labor accounting for 30% of the cost, most of which are temporary workers and have greater mobility. In the end, the situation that the relevant procurement costs and labor expenses cannot obtain deductible VAT invoices has increased, which not only increases the VAT tax burden but also increases the tax burden of enterprise income tax.

In general, the main tax burden on the construction industry is the issue of input and cost.

"Worry-free Tax Saving" has the right to be published on the site, and more preferential tax policies can be found in "Worry-free Tax Saving"**

2. Tax planning plan for construction enterprises

1. Temporary salary planning

In order to save labor costs and social security costs, enterprises can issue commissions through flexible employment.

For enterprises, it can reduce labor costs, as well as salary issuance, and enterprises can obtain 6% VAT invoices. For individuals, it can also avoid paying high individual income tax.

2. Individual income tax verification for self-employed individuals

The construction industry can reduce the tax burden by splitting the business structure and diverting the business model, and self-employed individuals registered in the tax park can apply for fixed rate collection.

The individual income tax of self-employed individuals established in the tax park is only 025%—0.8%, the comprehensive tax rate can be controlled at about 2%.

Construction engineering and construction companies can separate procurement, labor and other businesses, and set up construction teams and material procurement centers in the park.

3. Industrial incentives and support policies

The construction company can split part of its business and apply for industrial incentives in the tax park.

70%-90% of the local holding part of the value-added tax and enterprise income tax paid by the reward enterprise will be issued on a monthly basis, and the tax will be paid in the current month and cashed in the next month.

The platform is directly connected to the park, which can provide agency services, and if enterprises encounter difficulties in taxation, they can have one-on-one consultation and answers with worry-free tax-saving professional tax accountants at any time.

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