The basic process of accounting and tax returns
1. The concept and importance of accounting and tax declaration.
Accounting and tax declaration refers to a system in which enterprises report information in accordance with the provisions of the tax law to the tax department through accounting and statement preparation according to the requirements of taxation, so that taxpayers can pay taxes in accordance with the provisions of the tax law.
Accounting tax declaration is of great significance to enterprises, first of all, it is the basis for enterprises to fulfill their tax obligations, and can ensure that enterprises pay taxes in accordance with the law;Secondly, accounting tax declaration helps to supervise and manage the tax behavior of enterprises and the implementation of tax lawsFinally, accounting and tax declaration is also an important means of self-management, which can help enterprises to carry out financial analysis and decision-making.
Second, the basic process of accounting and tax declaration.
The basic process of accounting and tax declaration includes three links: tax registration, tax declaration and tax review.
1.Tax registration.
Tax registration refers to the process by which an enterprise registers its qualifications as a taxpayer for tax purposes.
In the tax registration, the enterprise needs to provide the necessary registration materials to the tax department, such as the business license of the enterprise legal person, the organization certificate, etc.
After the tax registration is completed, the enterprise will obtain a tax registration certificate and become a legal taxpayer.
2.Tax filings.
Tax declaration refers to the process of submitting the financial information of the enterprise to the tax department in accordance with the provisions of the tax law.
Businesses are required to prepare and submit financial statements and tax returns within the time limits set by the tax law.
In the tax declaration, enterprises need to fill in the corresponding data according to the actual business situation, such as sales revenue, cost, pre-tax profit, etc.
Taxation is checked and reviewed against the business's returns to determine the tax liability of the business.
3.Tax audits.
Tax review refers to the process of tax inspection and verification of a company's tax declaration.
Taxation can be reviewed in a variety of ways, such as on-site inspections, sampling inspections, voucher checks, etc.
The purpose of tax review is to confirm whether the tax declaration of the enterprise is true and accurate, and whether the enterprise pays the tax in accordance with the provisions of the tax law.
If the enterprise is found to have illegal acts or illegal operations, the tax will impose penalties in accordance with the law and require the enterprise to correct the mistakes in a timely manner.
3. Precautions for accounting and tax declaration.
1.Accurately record and report financial information.
Enterprises should accurately record and report financial information when conducting accounting and preparing statements.
The accuracy of financial information is an important basis for tax judgment of enterprise tax liability, so enterprises should strictly follow the accounting standards and tax laws to record and report financial information truthfully, completely and accurately.
2.Rational use of preferential tax policies.
Enterprises should make reasonable use of preferential tax policies when making tax declarations.
Preferential tax policies are formulated to encourage the development of enterprises, and enterprises can enjoy corresponding tax exemptions or preferential treatment through legal means.
Enterprises should understand the specific content of preferential tax policies and reasonably choose the applicable policies according to their own circumstances to reduce the tax burden.