Study On The Influence Of "Replacing Business Tax With VAT" On ZH Power Engineering Consulting Company And Countermeasures

Since our country’s implementation of the “replacing business tax with VAT”pilot,the tax reform has achieved significant results and has also played a positive role in the development of the third industry,especially the modern service industry.The implementation of the “replacing business tax with VAT” is also of great significance to the power engineering consulting industry.“Replacing the business tax with VAT” not only promotes the power engineering consulting industry to continuously improve their management level,but also brings new opportunities and challenges to small and medium-sized power engineering consulting enterprises.In addition,many problems existing in the development of enterprises will become more prominent in the face of “replacing the business tax with VAT”.Therefore,it is becoming more and more important to study what kind of impact “replacing business tax with VAT” can bring to ZH power engineering consulting company,and what kind of countermeasures should be taken in response to these impacts and problems existing in the enterprise itself.This paper takes ZH power engineering consulting company(ZH company)as a case,adopts literature research method,comparative analysis method and case study method.Firstly,combined with the relevant data of the company’s financial statements from 2013 to 2018.the development status of ZH company before and after “replacing business tax with VAT” is analyzed,and the operating status,financial management status and existing problems in the development of ZH company before and after “replacing business tax with VAT” are respectively introduced.Secondly,according to the hierarchical relationship diagram of the influence of “replacing business tax with VAT” on various aspects of ZH company,the paper use quantitative and qualitative analysis methods to analyze and study the influence of “replacing business tax with VAT” from four perspectives,including tax burden,financial work,financial status,and operation and management.Finally,from the perspective of the enterprise,this article puts forward specific countermeasures from the aspects of establishing tax planning management,perfecting the financialsystem,improving the financial situation and improving the operation and management in view of the above-mentioned impacts and the existing problems of the enterprise itself.It is hoped that the ZH company will actively respond to the“replacing business tax with VAT” in light of its own development status,so as to gain new development momentum.By analyzing and studying the impact of “replacing business tax with VAT” on ZH company,and combining with its own problems,this paper proposes targeted solutions,hoping to help ZH company better cope with “replacing business tax with VAT” and bring benefits to the company’s development.It is also hoped that this study can provide reference for other similar enterprises in the power engineering consulting industry and promote the development of the industry.