On February 1st, the reporter learned from the State Administration of Taxation that it has issued a notice on value-added tax collection and management matters such as threshold standards, which further clarifies the determination of threshold standards, application of tax preferential policies, and other value-added tax collection and management matters, refines operational requirements, and promotes the implementation of the value-added tax law and its implementation regulations. The tax collection announcement further adjusts and optimizes the detailed rules for determining the threshold standard of value-added tax for natural persons. Starting from this year, the threshold standard for tax payment per transaction has been increased from 500 yuan per (daily) sales to 1000 yuan. It also clarifies that for natural persons who rent real estate or sell scrapped products through "reverse invoicing", the threshold standard for tax payment per transaction of 1000 yuan will no longer apply, but will refer to the threshold standard for monthly sales of 100000 yuan directly applicable to regular taxation. This policy arrangement simultaneously balances tax efficiency and fairness. On the one hand, allowing the continued application of relatively high tax threshold standards for regular taxation can effectively reduce the tax burden on natural persons and lower the cost of tax collection. On the other hand, it is clear that in relevant circumstances, natural persons should use the sales revenue of all taxable transactions that occurred in the current month to 'package' and apply the tax threshold standard for regular taxation. This can avoid the problem of separate application and excessive enjoyment of standards after superposition from the source, and is conducive to promoting tax fairness. ”Huang Lixin, Director of the Tax Science Research Institute of the State Administration of Taxation, said. The tax administration announcement also clarifies that small-scale taxpayers can flexibly enjoy tax reduction and exemption benefits. Small scale taxpayers who engage in taxable transactions and whose sales do not meet the threshold standard may choose to waive tax exemption for all or part of the taxable transactions and issue value-added tax special invoices. Due to the implementation of a chain like tax collection and deduction mechanism for value-added tax, small-scale taxpayers generally give up the main purpose of tax reduction and exemption to meet the demand of downstream customers for value-added tax special invoices to offset input. ”The relevant person in charge of the Goods and Services Tax Department of the State Administration of Taxation introduced that small-scale taxpayers can flexibly choose whether to waive the tax reduction and exemption benefits for a certain taxable transaction based on their own business situation. If they waive the benefits for a single transaction, it will not affect the continued enjoyment of benefits for other taxable transactions. (New Society)