under the general simplified regime, having slot machines does not entail any change. Except that the income from the bar will be subject to the reduced VAT of 10% and the income from the machines will be subject to the general VAT of 21% .
What does have an impact on taxation is the sale of tobacco, since it is an activity that is subject to the equivalent surcharge . The VAT on purchases and sales are not declared phone number database pakistan as such, but rather as the highest amount of the invoice. The invoices are declared in full in the personal income tax.
The only exception to this treatment is if the activity is carried out by an entity (that is not in the attribution of income) and not by a natural person. Entities cannot be taxed under the equivalent surcharge, so a bar operated by a limited company would be taxed under the general regime for all its income.
Remember that Anfix helps you with the filing of your taxes and that you will always be up to date with your tax obligations. With the equivalence surcharge, too!
And if you need any help, don't hesitate to ask us what you need through [email protected] or by calling us toll-free at 900 37 37 50.