[Useful Information] How will the construction industry change with the invoice system?
The invoice system is an important system that directly relates to the number of jobs and income! Here’s an explanation of what needs to be addressed!
The invoice system is a procedural requirement necessary for claiming input tax credits on consumption tax, which will be implemented from October 1, 2023. It pertains to the method of writing invoices and delivery notes when businesses purchase or sell goods, as well as the issuance and storage of these documents. Input tax credit refers to a system designed to avoid double payment of consumption tax by businesses. For more details, please refer to the related links. 【Contents】 1. What is the "invoice system"? 2. Purpose of the invoice system 3. If not registered as a "qualified invoice issuer" 4. Regarding invoice compliance 5. Introduction of the qualified invoice storage method 6. Changes in the construction industry *For detailed content of the column, please refer to the related links. For more information, feel free to contact us.
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