Analysis Of The VAT Deduction In Advanced Manufacturing

Since the reform of the VAT deepening reform,the tax burden of the manufacturing industry has always been the focus of attention from all walks of life,and the VAT input tax is one of the key factors that directly affect the VAT tax burden of enterprises.After the full implementation of the “reform of the camp”,the deduction of the VAT in the manufacturing industry has expanded from the purchase of goods to taxable services and services.While reducing the taxable amount of enterprises,it has promoted the traditional manufacturing industry to focus on the innovation and upgrading of equipment technology.Thus,the transformation has developed into an advanced manufacturing industry.The introduction of policies is for the more standardized development of the industry,and the industry needs to respond to policy changes in a timely manner.Therefore,this paper focuses on the shortcomings of the VAT deduction system in the application of advanced manufacturing,and selects the advanced manufacturing enterprises typical of Changsha,Zhuzhou and Xiangtan urban agglomeration as the research object,and combines its value-added tax business with the actual deductible project to explore advanced manufacturing enterprises.The problems and causes arising from the deduction of the input tax amount,and the countermeasures against the deduction problem from the perspective of the enterprise,reducing the unnecessary tax burden and capital outflow.After the author's research,it is concluded that the advanced manufacturing industry has the following problems in the VAT deduction: in the procurement stage of the enterprise,the selection of raw material suppliers is not considered,and the pursuit of increasing the deduction of the input is neglected,and the overall profit is ignored.It is easy to generate the risk of virtual invoicing,and at the same time,it has a burden of over-tax on the poor management of invoices;the nature of manufacturing business makes it difficult to meet the additional deduction conditions,resulting in unfair tax burdens between industries;the labor costs of scientific research are high,and the cost of loan services cannot be met.Deductions aggravate the burden on enterprises;a large amount of fixed capital investment,resulting in high corporate tax credits,the tax rebate policy for tax refunds introduced in August 2018 eased the urgent needs of enterprises,and there are still problems in corporate tax rebates.On the basis of analyzing the causes of the deduction of advanced manufacturing enterprises,the author puts forward suggestions for solving the above problems from the internal control of enterprises: First,try to select suppliers that can issue deductible invoices.At the same time,advanced manufacturing enterprises need to establish a sound financial management system to carry out VAT tax payment and leave it to the tax authorities for reference,so that the enterprise can have accounts to make the invoice flow and capital flow consistent,and reduce the loss of the business process.Secondly,assembly The company's "four services" set up subsidiaries to meet the additional deductions,further reduce the company's VAT tax burden;enhance the advanced manufacturing industry to refund tax rebates,simplify the corporate tax refund process,and improve the company's own tax credit rating;Labor costs can be converted into intelligent manufacturing costs,using robots for routine operations,while accelerating the turnover rate of fixed assets and improving the production efficiency of enterprises.