At present, the tax exemption policy for small-scale taxpayers has been adjusted. Under the influence of the epidemic, the state has adjusted the preferential policy of tax exemption, and ordinary invoices with a tax rate of 3% issued by small-scale taxpayers can enjoy the tax exemption policy, but the tax exemption policy for 3% VAT special invoices is no longer carried out.
During the period from 1 April 2022 to 31 December 2022, small-scale taxpayers are exempt from VAT on their taxable sales income subject to a 3% levy rate. According to the announcement issued by the State Administration of Taxation, when enjoying the VAT exemption policy, taxpayers should issue tax-exempt ordinary invoices in accordance with the regulations. If the taxpayer chooses to waive the tax exemption and wishes to issue a special VAT invoice, then a special VAT invoice with a levy rate of 3% should be issued.
Therefore, according to the current policy, for the sales revenue of 450,000 yuan for small-scale taxpayers, they can choose to issue tax-exempt ordinary invoices or special VAT invoices with a levy rate of 3%. The specific type of invoice to choose can be decided according to the actual situation and personal needs.
For example, if a small-scale taxpayer has a sales income of 450,000 yuan, he can choose a tax-exempt ordinary invoice to pay taxes, or he can choose to issue a special VAT invoice with a levy rate of 3%, and calculate and pay the tax at a tax rate of 3%. Choosing to issue a special VAT invoice may tax a portion of the sales as VAT, but the taxpayer can enjoy the corresponding input tax credit. Individual taxpayers can consider which method is more suitable according to their personal circumstances and business needs. Tax-free