Wiki Detay | wiki workcube

Value Added Tax, or VAT in short, is an expenditure tax paid by the deliverer of goods and services, but charged to the recipient, on the deliveries of goods and services. It varies from 1% to 20%.

Attention: If e-Government is used, it is mandatory to define "Tax Code".

Hint: VAT Rate can be defined as a decimal value. After entering the decimal value in VAT Rates, the relevant VAT must be matched on the screens to be used. Basket 2 should be selected in areas that use baskets for their operation.

Withholding Rates

VAT withholding application means that the tax calculated on the delivery or service fee is declared and paid by those who are responsible for these transactions, not by those who make the delivery or service.

Full Withholding and Partial Withholding in the VAT system. There are two types of withholding practices: full withholding is the declaration and payment of the entire tax calculated on the transaction price by those who are subject to the transaction; Declaring and paying the part of the calculated tax determined by the Ministry of Finance by those who are subject to the transaction and the other part by the person performing the transaction (delivery or service) is called partial withholding.

Attention: If e-Government is used, "Tax Code" definition is mandatory.

SCT/SCT Rates

SCT, i.e. Special Consumption Tax, is a tax collected on a rate or lump sum basis on certain goods or products. Special Consumption Tax is paid once, when the first sale of the goods or product is made. Therefore, the person who first purchases the product or good is obliged to pay SCT.

Tip: To include SCT in the VAT base, go to Page Designer > Basket Template in the invoice module, and go to Page Settings in the expense and income voucher module.SCT VAT " parameters must be selected.

Attention:If e-Government is used, "Tax Code" must be defined.

Withholding tax Rates

Withholding tax; It is a situation where taxes are withheld before the income reaches the owner's hands. In withholding tax, the tax is requested from the tax officer, not from the principal debtor. The person who pays also pays the tax. For example; employee salary, house rented by the company, freelance amount paid to lawyers, etc.

Attention: If e-Government is used, it is mandatory to define "Tax Code".

BSMV The rate is

BSMV, Banking and Insurance Transactions Tax. It can also be defined as the taxation of banking transactions and insurance transactions. This tax aims to tax all general financial transactions, especially banking and insurance.

Attention: If e-Government is used, "Tax Code" definition It is mandatory.

Accommodation Tax Rate

Accommodation tax is applied to overnight accommodation services provided in accommodation facilities and accompanying meals, beverages, activities, etc. It is a tax collected from businesses that provide services.

Attention:If e-Government is used, it is mandatory to define "Tax Code".

Tips

Record was not found

Feedback

Did you find this content helpful?

Please Write Your Feedback!

Name*

Last Name*

Email *

About Workcube Objects

SCT Rate

Special Consumption Tax can be defined as proportional and amount.

Type: Param Version: Catalyst v9 Licence: Standard Author: Workcube Core