According to the regulations of the State Administration of Taxation, individual industrial and commercial households with quarterly sales of more than 300,000 yuan (including 300,000 yuan) are subject to VAT. Below I will introduce how to pay taxes for self-employed people who exceed 300,000 per quarter.
1.Determine tax status: First of all, self-employed people need to choose the status of general taxpayer or small-scale taxpayer according to their actual situation. General taxpayers refer to taxpayers with annual taxable sales of more than 5 million yuan, and small-scale taxpayers refer to taxpayers with annual taxable sales of less than 5 million yuan. When choosing a tax status, you need to refer to the relevant regulations of the State Administration of Taxation.
2.Calculate the tax payable: Self-employed individuals are required to pay VAT on sales of more than 300,000 yuan per quarter. VAT is calculated as follows: tax payable = sales levy rate. At present, the levy rate is 3% for small-scale taxpayers and 13% for general taxpayers.
3.Payment of taxes: After calculating the tax payable, self-employed individuals need to declare and pay taxes to the competent tax authorities within the prescribed time limit. The declaration deadline is generally before the 15th of each month, and for self-employed individuals who file quarterly declarations, the declaration deadline is within 15 days after the end of the quarter.
4.Submission of application materials: Self-employed individuals need to submit relevant materials such as "VAT Tax Return", "Balance Sheet", "Income Statement" and so on when filing tax returns. The specific filing materials may vary from region to region and need to refer to the requirements of the competent tax authorities.
5.Review by the tax authorities: After receiving the application materials of the self-employed individual, the in-charge tax authorities will review the content of the declaration. After the audit is correct, the self-employed person needs to pay according to the tax payable after the audit.
It should be noted that self-employed individuals need to comply with national tax laws and regulations in the process of paying taxes to ensure that they pay taxes on time and in full. At the same time, it is necessary to properly keep the relevant financial vouchers and declaration materials for inspection by the tax authorities.
Self-employed individuals over 300,000 yuan per quarter need to pay VAT, including determining the tax status, calculating the tax payable, paying the tax, submitting the declaration materials and reviewing by the tax authorities. In the process of operation, it is necessary to comply with national tax laws and regulations to ensure that taxes are paid on time and in full.