After the business tax to value-added tax，A review of the relevant tax-related regulations on interest from small loan companies and other financial institutions

one、What VAT rate applies to loan interest? The interest charged by the company actually belongs to financial services，The VAT rate applicable to financial services is 6%，Therefore, the tax rate on loan interest is also 6%. 2.、Can the input tax on loan interest be deducted? After the business tax to value-added tax，General taxpayers who have borrowed money are very concerned about whether the loan interest can be deducted.，If borrowing interest can be deducted from input tax，It is definitely a big plus for general taxpayers who have borrowed money.。

However, according to the provisions of the "Implementation Measures for the Pilot Program of Replacing Business Tax with VAT"，Taxpayers receiving loan services are not allowed to deduct input tax，at the same time，The taxpayer accepts the investment and financing consulting fees directly related to the loan paid to the lender by the loan service、handling fee、Consulting fees, etc.

cost

，The input tax cannot be deducted from the output tax。three、Interest receivable and uncollected after financial enterprises issue loans，How to pay VAT?

According to Article 4 of Annex 3 of the "Notice of the Ministry of Finance and the State Administration of Taxation on Comprehensively Launching the Pilot Program of Replacing Business Tax with Value-Added Tax" (Caishui [2025] No. 36) "Provisions on Transitional Policies for the Pilot Program of Replacing Business Tax with Value-Added Tax"，After a financial company issues a loan，Interest receivable and uncollected within 90 days from the interest settlement date shall be subject to value-added tax according to current regulations.，Interest receivable and uncollected after 90 days from the interest settlement date will not be subject to VAT for the time being.，VAT will be paid according to regulations when the interest is actually received.。

That is, the interest receivable and uncollected within 90 days from the interest settlement date，Should be based on the principle of accrual basis，Confirm interest income and pay VAT based on the date of interest receivable，Interest receivable and uncollected that occurs after 90 days from the interest settlement date shall be based on the principle of cash basis.，Pay VAT when interest is actually received。

Four、Part of the interest income is exempt from VAT according to the Ministry of Finance and Taxation

1. 36"Notice of the Ministry of Finance and the State Administration of Taxation on Comprehensively Launching the Pilot Program of Replacing Business Tax with Value-Added Tax"，The following interest income is exempt from VAT：
2. 2025Before December 31st，Small loans for farmers from financial institutions。
3. National student loan。
4. national debt、local government debt。
5. Loans from the People's Bank of China to financial institutions。
6. The Housing Provident Fund Management Center uses housing provident funds to issue personal housing loans at designated entrusted banks.。
7. In the process of operating national foreign exchange reserves, the foreign exchange management department，，Foreign exchange loans issued by entrusted financial institutions。
8. The unified borrowing and returning business is in progress，The enterprise group or the core enterprise in the enterprise group and the financial company affiliated to the group shall pay a borrowing interest rate not higher than the borrowing interest rate paid to the financial institution or the bond coupon rate paid.，Interest collected from enterprise groups or subordinate units within the group。
9. Financial inter-bank transactions。① Fund transactions between financial institutions and the People’s Bank of China。

Including loans from the People's Bank of China to general financial institutions，and the People’s Bank of China’s rediscount to commercial banks, etc.。②Bank inter-bank transaction business。Different banks within the same banking system、Fund accounting transactions that occur between offices。③ Capital transactions between financial institutions。

refers to the approval by the People's Bank of China，Short-term (less than one year to include one year) unsecured financing transactions between financial institutions entering the national inter-bank lending market through the national unified inter-bank lending network。④Rediscount business carried out between financial institutions。The conditions for registering a small loan company in Guangzhou are as follows:：

1. 　
2. Have regulations that comply with regulations。　　
3. The sponsor or investor should meet the specified conditions。
4. The organizational form of a small loan company is a limited liability company or a joint stock company.。A limited liability company should be established with capital contributions of less than 50 shareholders;A joint stock company should have 2-200 promoters，More than half of the sponsors must have residence in China。　　
5. The source of registered capital of a small loan company should be true and legal，All are paid-in monetary capital，Pay in full at one time by the investor or promoter。

The registered capital of a limited liability company shall not be less than 30 million yuan，The registered capital of a joint-stock company shall not be less than 50 million yuan。single natural person、Corporate legal person、Shares held by other social organizations and their affiliates，shall not exceed 10% of the total registered capital of the small loan company。

1. 　　
2. Have directors and senior managers who meet the qualifications。　　
3. Have staff with corresponding professional knowledge and experience。
4. Have the necessary organizational structure and management system。　　
5. There is conformity

Require

business premises、Security precautions and other business-related facilities。

1. 　　
2. Other prudential conditions specified by the Provincial Government Finance Office。
3. Need to register a small loan company，Please leave a message below or send a private message directly

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