My First Time Paying Taxes in Life! I Can't Believe It Even If You Beat Me To Death!

At night.

After finishing dinner, Qin Lin played with Wangcai for a while. Since being adopted, the dog had become a bit clingy and good at pleasing people. It would look at you with its big, round eyes and then gently rub its head against your leg. Anyone would be tempted to reach out and pet its head.

Back in his room, the strawberry and okra seedlings in the game were a bit dry and needed watering.

Qin Lin controlled his game character, carrying a bucket and a watering can to water the strawberry and okra seedlings. Then, he started chatting with Zhao Moqing on WeChat again.

Another two days passed like this.

Early in the morning, Qin Lin delivered the ripe strawberries and okra to RT-Mart. When he returned to his shop on Market Street, he had to get busy in front of the computer.

It was time to file taxes for the fruit and vegetable store, as mandated by the local tax bureau.

Filing taxes and paying taxes were not the same thing. Whether a company or an individual business owner, one didn't necessarily have to pay taxes, but filing taxes was mandatory.

Filing taxes meant reporting business operations, income, and expenses to the tax bureau. If there was no income, or if the conditions for paying taxes were not met, then no taxes were due.

Although he had inherited the fruit store over a year ago, paying taxes was a completely unfamiliar concept to Qin Lin.

Due to some special policies for fruit and vegetable stores, if monthly sales did not exceed 100,000 yuan, value-added tax was not required. Additionally, with local support policies, if sales did not exceed 50,000 yuan, no taxes were due.

His small fruit and vegetable store, after paying rent, utilities, and other fees, earned less than 10,000 yuan a month, with a profit margin of about 25%. This was not enough to meet the tax payment conditions.

In other words, he hadn't paid a single yuan in taxes on his salary to the country yet, while still enjoying national health insurance and various benefits. To some extent, he was one of those dragging the country down.

Shameful!

However, he never missed filing his taxes each month; that was an obligation.

To stagger the timing, local tax regulations designated these two days for individual fruit and vegetable business owners to file their taxes.

In the past, when he didn't meet the tax payment conditions, he could fudge things a bit and get by. No one cared, and everyone did it that way.

This time, it probably wouldn't work. He would definitely have to pay taxes now.

Otherwise, if the money in his account suddenly surged from over 4,000 yuan to such a large amount in a short period, and it would only increase in the future, it would definitely be monitored by the banking regulatory commission, which would lead to big trouble.

Since he had to pay taxes, he naturally had to calculate his accounts first and sort out all the invoices from this period.

His accounting was indeed a bit troublesome. Individual business owners did not have to pay corporate income tax. However, once they exceeded the tax-exempt and VAT-exempt thresholds, they would have to pay individual business taxes and value-added tax.

Roughly:

Net profit not exceeding 30,000 yuan required a 5% individual income tax.

30,000 to 90,000 yuan was 10% + 3% VAT.

90,000 to 300,000 yuan was 20% + 3% VAT.

Qin Lin didn't know how much tax his fruit store would have to pay now.

Although his business had no cost and generated over 400,000 yuan in revenue, tax filing definitely required deducting normal market costs. He wouldn't be foolish enough to claim it was all without cost.

Naturally, even if you filed taxes claiming no cost, the review staff might assume you were an ignorant fool and patiently teach you how to calculate costs and profits for tax purposes. If you wanted to pay more taxes by claiming no cost, they wouldn't dare to process it for you.

However, he figured there wouldn't be anyone foolish enough to file taxes claiming no cost.

Therefore, he also had to sort out his accounts to be able to declare them.

It took Qin Lin a whole day, his neck and shoulders aching, before he finally calculated the accounts using software on his computer.

Including today's income, his watermelon sales were 186,977 yuan, with an accounting profit of 35,265 yuan. His strawberry sales were 147,753 yuan, with an accounting profit of 36,938 yuan. His okra sales were 135,165 yuan, with an accounting profit of 33,791 yuan.

In other words, although he made over 400,000 yuan without cost, after deducting the normal costs of watermelons, strawberries, and okra, the profit was 105,994 yuan.

This meant that the tax he had to pay, at best, would be over 90,000 yuan, subject to a 20% individual income tax + 3% VAT. Calculated according to the corresponding formula, he would need to pay over 20,000 yuan in taxes.

This truly proved the saying, the more you earn, the more you pay. It was no wonder so many people thought about tax evasion.

Before this, paying such a large amount of tax at once was unimaginable for him.

In a place like You City, few people could earn 20,000 yuan a month, let alone pay over 20,000 yuan in taxes.

However, thinking about the over 300,000 yuan in profit that was tax-exempt, he didn't care about paying over 20,000 yuan in taxes.

Once he understood, he logged into the tax system as before and began filing taxes online.

After completing the operation, he waited for the review and acceptance.

The next day.

Qin Lin woke up, picked the ripe strawberries and okra as usual, and then planted new seeds.

When he opened the door, Wangcai's whimpering could be heard again, and then it nudged its head towards him.

Qin Lin smiled and reached out to rub Wangcai's head.

The dog had now habitually waited outside his door for him to wake up, seemingly just for their morning interaction.

After breakfast, when he went out, Wangcai again brought its leash to him.

He put the dog in the shop and then headed to the warehouse to deliver the ripe strawberries and okra harvested that morning to RT-Mart. After finishing, he returned to the shop, checked the online tax filing acceptance notice, breathed a sigh of relief, and then rode his electric scooter to the tax bureau.

Once the tax filing was accepted, he could go to the tax bureau to collect receipts and pay taxes. He could also pay taxes online, but it required bringing documents to apply.

This was his first time paying taxes, so he naturally had to go to the tax bureau.

What Qin Lin didn't expect was that as soon as he stopped his electric scooter at the entrance of the tax bureau, he saw a familiar Audi parked there.

Chen Hao got out of the car with two colleagues and was also momentarily stunned to see Qin Lin.

He hadn't expected to see Zhao Moqing's husband so soon after returning from running errands with his colleagues.

Having already been embarrassed in front of this guy twice, he now disliked him the most.

However, looking at his two colleagues beside him, Chen Hao smiled and greeted Qin Lin, "We meet again?"

The two colleagues looked at Qin Lin, and one of them asked, "Chen Hao, do you know him?"

Chen Hao smiled and said, "We sort of know each other. He's Zhao Moqing's husband."

As he said this, a strange smile clearly appeared on Chen Hao's face. This was his real intention.

After they found out he was interested in Zhao Moqing, his colleagues at the bureau had been constantly asking about his progress with her, and he hadn't known how to answer.

He wanted to take this opportunity to let his colleagues know that Zhao Moqing already had a husband, and one who rode a small electric scooter at that.

In this day and age, anyone with a bit of family means would buy a car with a down payment after starting work, and wouldn't be riding a small electric scooter.

Especially with a wife like Zhao Moqing, he'd be too embarrassed to go out riding a small electric scooter, right?

That way, everyone's attention wouldn't be on whether he had successfully pursued Zhao Moqing, but would instead think that Zhao Moqing was a diamond in the rough, lacking judgment.

These two colleagues beside him would soon spread this gossip.

Hearing Chen Hao's words, the two colleagues beside him clearly looked at Qin Lin with strange expressions. Zhao Moqing was the flower of the bureau, and they hadn't expected she was already married. Her husband didn't seem to be in a good condition either.

Qin Lin naturally recognized Chen Hao and didn't expect him to greet him. Out of politeness, he nodded, "Hello."

"Here to pick up Moqing again? But she doesn't get off work that soon!" Chen Hao said, seemingly as a reminder, but actually wanting to remind his colleagues that Zhao Moqing's husband rode a small electric scooter to pick her up.

"I just filed my taxes. I'm here to pay them," Qin Lin wasn't stupid. He heard the subtle sense of superiority in the other man's words and didn't want to engage. He politely said this and walked inside.

Chen Hao and his two colleagues were stunned.

One of them said, "Today is the day for fruit and vegetable individual businesses to file taxes, right? This husband of Zhao Moqing's is also a fruit and vegetable individual business owner? If he can reach the tax threshold, his income must be quite good."

Another person said, "At least ten thousand a month. That's high income in You City. If business is good, maybe twenty thousand a month. That's much better than us civil servants in a small county town..."

"How is that possible? Twenty thousand a month and still riding a small electric scooter?" Chen Hao frowned, muttering to himself while looking at the dilapidated small electric scooter.

He wouldn't believe it even if he were killed.