The "invoice system," which requires an invoice stating the tax rate and tax amount for each item, will be introduced one year from October next year when business operators receive consumption tax deductions or refunds.
So far, 38% of businesses paying consumption tax have completed the necessary registration to issue this bill, so the National Tax Agency is calling for early response.
The "invoice system" was introduced three years ago, when a "reduced tax rate" was introduced that left the consumption tax rate unchanged at 8% for some items such as food. It will start in October next year for the purpose of.
In order for businesses to receive consumption tax deductions and refunds after the introduction of the system, they will need an invoice called an invoice issued by the supplier that lists the tax rate and amount for each item.
For this reason, it is expected that there will be cases where business partners will request the issuance of invoices, and according to the National Tax Agency, 38% of the approximately 3 million businesses nationwide that pay consumption tax as of the end of last month did not need to issue invoices. Pre-registration with the tax office has been completed.
On the other hand, small businesses with annual sales of 10 million yen or less are currently exempt from paying consumption tax. will occur.
For this reason, it is up to individual businesses to decide whether or not to register based on the status of their transactions, but there are voices against the introduction of the system from groups of small and medium-sized businesses.
Satoshi Shimono, head of the Office for Reduced Tax Rates and Invoice Systems at the National Tax Agency, said, "I know that there are various opinions about the introduction of the system, but I believe that it is necessary for the realization of appropriate taxation. I would like to carefully explain what kind of judgment is appropriate for each case."