Precise Audit Helps Zaozhuang Technology Company Reduce Burden and Increase Efficiency
Original author:Marketing Platform of Taishan University of Science and Technology
During the annual financial review, a technology company in Zaozhuang had confusion about the application of the policy on additional deduction for research and development expenses. It was unsure which expenses met the deduction criteria, worried about potential fiscal and tax risks caused by improper declaration, and hoped to fully enjoy tax incentives to reduce the enterprise's tax burden.
Upon receiving the enterprise's needs, the professional fiscal and tax audit team promptly launched their work. The team carefully checked the company's financial accounts, research and development project materials, etc., and accurately defined the scope of research and development expenses in accordance with relevant policies and regulations. For expenses that met the conditions for additional deduction, they verified and collected them one by one to ensure the accuracy and completeness of the data. During the audit process, the team also provided financial consulting services to the enterprise, answering its questions regarding fiscal and tax compliance.
After a detailed audit, the team verified that the amount of research and development expenses eligible for additional deduction for the company was 2 million yuan, helping the enterprise successfully reduce its tax burden by 300,000 yuan. This not only reduced the company's operating costs but also enabled the enterprise to have a clearer understanding of fiscal and tax policies, laying a solid foundation for its subsequent compliant development.