Study On The Tax Burden Of XA Catering Company Affected By BT To VAT

At present,China is in the stage of rapid development.And the country is carrying out reform and adjustment in many aspects in order to develop towards a better life.In the process of economic development,China started the pilot program of replacing business tax with value-added tax in 2012 in order to solve the increasingly acute problem of taxation.The pilot regions have achieved remarkable results.On May 1,2016,the business tax reform promoted further.The catering services joined the VAT.After the reform of the catering industry,the overall tax burden has declined.In the catering industry,the number of small-scale taxpayer enterprises and individual industrial and commercial households is large,while the number of general taxpayers is small.The VAT rate for small-scale taxpayers has dropped to 3%,reducing the tax burden on the catering industry.However,since the policy of replacing business tax with value-added tax has been implemented in the catering industry,the operating conditions and tax burden of some general taxpayers are not optimistic.This paper studies the impact of replacing the business tax with a value-added tax on the tax burden of XA catering company by literature review,statistical analysis and comparative analysis,and puts forward relevant Suggestions for reducing the tax burden of enterprises.Firstly,this paper sorted out relevant domestic and foreign literature on BT to VAT,and determined the research content and research method of this paper.This paper elaborated the relevant theoretical basis,which laid a theoretical foundation for later research on the impact of BT to VAT on the tax burden of XA catering company.Secondly,this paper compares and analyzes the tax burden of XA catering company before and after replacing the business tax with a value-added tax from the aspects of turnover tax burden,income tax burden and enterprise comprehensive tax burden.Then the results of tax burden changes are obtained and questions are raised.After replacing the business tax with a value-added tax,XA catering company was analyzed for problems such as insufficient input tax deduction of value-added tax,insufficient pre-tax deduction of income tax,and the company's lack of tax management ability.Specifically,the supplier qualification is mixed,the non-core business structure needs to be improved,the tax preferential policies are not used,the degree of intelligent mechanization equipment is low,the financial literacy of staff is not high,and the companylacks the ability of tax planning.Finally,the paper proposes countermeasures for XA catering company after replacing the business tax with a value-added tax.In terms of the increase of input tax deduction,the input tax is increased by selecting the right supplier and improving the non-core business structure,so as to reduce the turnover tax burden.In terms of increasing the tax deduction before tax,making full use of tax preferential policies and increasing the use of intelligent mechanized equipment can achieve this goal.From strengthening the company's tax management ability,we can start from improving the financial literacy of staff and strengthening the ability of tax planning.