If you run multiple businesses as an individual, is it possible to choose invoice registration for each business?

Nowadays, side jobs are being promoted, and many people who are self-employed are running multiple businesses.

Some businesses may have businesses for businesses and consumers.

In that case, in order to reduce the tax burden by registering the invoice, some people may consider this.

・If the business partner is a business, an invoice will be issued.

・Do not issue invoices if the business partner is a consumer.

In other words,

・Can I register invoices for each business?

A question arises.

This time, I will write about whether you can choose invoice registration for each business if you are running multiple businesses as an individual.

Conclusion: You can’t choose

If you have multiple individual businesses, you cannot register invoices for each business.

・Become an invoice issuing business
(Consumption tax taxable business)

・Become a business that does not issue invoices
(Consumption tax exempt business)

There are only two choices.
(Because individuals have the same personality)

I will consider other countermeasures as a following part.

To establish a corporation

For businesses that require business partners to issue invoices, one way to solve this problem is to establish a corporation.

It is assumed that individuals will remain tax exempt businesses and corporations will become taxable businesses.
(The reverse pattern is also possible (individual: taxable, corporation: tax exempt))

By dividing your business into taxable business for businesses and tax-exempt business for consumers, you can decrease the amount of consumption tax you pay.

However, the main points to note are:

・Extra running costs for corporate management
(Even if there is a loss, you will need to pay 70,000 yen in taxes per year, the cost of requesting accounting, etc.)

・Confirmation with the business partner is required as the transaction personality changes (individual → corporation)

Therefore, if the scale of your business is small, it might be cheaper to pay consumption tax (applying the 20% special exemption) as an individual taxable business.

Simulation is essential when establishing a corporation.

In conclusion

This time, I wrote about whether you can choose invoice registration for each business if you are running multiple businesses as an individual.

It seems that it will take some time for the contents of the invoice system to become widely understood.

-----------------------------------------------------------
都築太郎税理士事務所/Tsuzuki Taro Tax Accountant Office

ホームページ（Home）　
プロフィール（Profile）
ブログ（Blog）
個人の方（料金表）（Individual-fee）
法人の方（料金表）（Corporate-fee）
お問い合わせ（Contact）