In the first half of the year, tax reduction and fee reduction increased by 1,504.5 billion yuan-"releasing water to raise fish" helped enterprises feel at home.
On June 19th, in Lianyungang Port, Jiangsu Province, a ro-ro ship was loading a batch of goods exported overseas. With the support of many policies such as tax reduction and fee reduction, China’s foreign trade enterprises seized the opportunity to resume work and production, and accelerated the pace of "going out". Photo by Geng Yuhe (Zhongjing Vision)
Since the beginning of this year, in the face of the severe and complicated situation, the CPC Central Committee has timely deployed and issued a series of tax reduction and fee reduction policies to release water to raise fish and help market players to bail out development. Finance, taxation and other relevant departments at all levels implement relevant policies and measures to reduce the tax and reduce the fees. From January to June this year, 1,504.5 billion yuan was added to reduce taxes and fees, effectively reducing the burden on market players.
Recently, Liu Kun, Minister of Finance, said in his "Report of the State Council on Budget Implementation since this year" to the NPC Standing Committee that from January to June this year, 1,504.5 billion yuan of new taxes and fees were reduced, effectively reducing the burden on market players.
In the face of the impact of the COVID-19 epidemic, how can relevant departments and localities implement policies and measures to increase tax reduction and fee reduction? How do enterprises feel about reducing taxes and fees?
Help ensure supply and benefit people’s livelihood
Since the beginning of this year, in the face of the severe and complicated situation, the CPC Central Committee has timely deployed and issued a series of tax reduction and fee reduction policies to release water to raise fish and help market players to bail out development.
1.073 billion masks, 4.39 million protective clothing and 4.7 million in isolation gown … … After the outbreak, Steady Medical Supplies Co., Ltd. made every effort to ensure the supply of epidemic prevention and treatment materials. "Tax cuts and fee reductions have given us strong support. According to the relevant equipment newly purchased by the key materials production enterprises for epidemic prevention and control to expand production capacity, a one-time pre-tax deduction policy for enterprise income tax is allowed. The company invested about 80 million yuan in various production equipment in Shenzhen, which can be deducted once before tax. " Wu Kezhen, financial director of Steady Medical Care, said.
In addition to sound medical care, Shenzhen Mindray Bio, Yi Yatong and other enterprises also fully enjoy the tax reduction and fee reduction bonus in the anti-epidemic insurance supply. "The tax reduction and fee reduction policy is highly targeted, which effectively guarantees the prevention and control of the epidemic and the supply of materials." Tang Shukui, director of Shenzhen Finance Bureau, said.
Among the key support materials for epidemic prevention and control, in addition to medical emergency materials, the supply of daily necessities such as grain and oil is also very important. "After our company filed an application for 1.6 million yuan of incremental value-added tax allowance, it arrived in 2 days." Ms. Tong, a financial officer of Red Dragonfly (Chongqing) Vegetable Oil Co., Ltd., said that at the critical stage of capacity expansion, the receipt of this tax refund fund effectively eased the cash pressure of enterprises.
It is noteworthy that the policy of tax reduction and fee reduction covers a wide range, which effectively guarantees the basic people’s livelihood. Chongqing has introduced a series of measures to reduce fees within the scope of local power, and provided sufficient supply for people’s basic living needs by ensuring market players and ensuring the stability of the supply chain of the industrial chain. For example, in view of the urgent problems faced by enterprises in returning to work and expanding financing, the use rate of emergency working capital for re-lending will be reduced by half to provide bridge support for enterprises to renew loans. It is estimated that the annual re-lending will be 21 billion yuan, indirectly saving financing costs by 600 million yuan.
In Shenzhen, only the policy of exempting the income obtained from providing public transportation services, living services and providing residents with express delivery services of essential living materials will reduce the burden on enterprises by 700 million yuan. Take Shenzhen Boxma Xiansheng as an example. From January to April alone, the value-added tax was reduced by more than 3.5 million yuan.
Enterprises increase vitality and add stamina
The epidemic situation has brought difficulties to the operation of enterprises, especially small and micro enterprises and private enterprises, which have weak ability to resist risks and are more vulnerable to shocks. On the basis of previous years, this year, we further implemented measures such as tax relief and mitigation, and increased the tax reduction and fee reduction of small and micro enterprises.
On August 3rd, customers lined up in Modern China Tea Shop Window of the World store to buy milk tea. More than 260 shops in Modern China Tea Shop once pressed the "pause button" after the outbreak, and now they are full of vitality. "Our stores are all small and micro enterprises, and a series of preferential policies are applicable. In the first half of the year, direct stores reduced the value-added tax by 10.81 million yuan, social security by 3.11 million yuan, and deferred corporate income tax by 1.1 million yuan, greatly reducing operating costs." Cheng Xiaofeng, financial director of Hunan Chayue Catering Company, said that in July, the average revenue of this enterprise store was about 280,000 yuan, setting a record high.
"Tax reduction and fee reduction effectively eased the financial pressure of the majority of small and medium-sized enterprises during the epidemic, played a role in promoting the resumption of work, stabilizing and expanding employment, promoting enterprises to expand production capacity and increase investment, and improving market activity." He Weiwen, deputy director of the Hunan Provincial Department of Finance, said that in the first half of this year, the province’s accumulated tax reduction and fee reduction exceeded 31 billion yuan.
The epidemic has an obvious impact on import and export, and foreign trade enterprises are facing severe challenges. In order to support the steady foreign trade, the fiscal and taxation departments have issued clear policies. Since March 20th this year, the export tax rebate rate of 1,084 products such as porcelain sanitary wares has increased to 13%, and that of 380 products such as plant growth regulators has increased to 9%.
Chongqing International Composite Materials Co., Ltd. is mainly engaged in the production and sales of glass fiber series products and reinforced plastic products, and its export business accounts for 40% of the total business volume. "The main products of the enterprise are within the scope of benefit, and it is estimated that the tax rebate for the enterprise will increase by 11.4 million yuan throughout the year." Li Kangzhi, a financial officer of the company, introduced.
According to the latest statistics, by the end of June, 25,000 export enterprises nationwide had enjoyed the bonus of this export tax rebate policy.
At the same time, the tax authorities have launched a series of measures to facilitate and speed up the export tax rebate, so as to promote the export tax rebate to speed up and increase efficiency. In Chongqing, the single tax refund of "Full Electronic Refund" arrived on the same day as soon as possible, and the average processing time of tax refund business was reduced to 3 working days, which was more than 50% lower than before.
Weisheng Information Technology Co., Ltd. is a communication terminal equipment manufacturing enterprise, and handled export tax rebate of 4.2 million yuan in the first half of this year. "Thanks to Hunan’s export tax rebate ‘ Immediately report and do it ’ System, tax refund funds can be received within 1 working day. " Zhong Xiyu, secretary of the board of directors and chief financial officer of VIA Company, told the reporter.
"Tax refund funds ‘ Living water ’ Rapid return plays a role in stabilizing foreign trade ‘ Support ’ Function. " Ming An Bin, member of the Party Committee and Deputy Director of State Taxation Administration of The People’s Republic of China Shenzhen Taxation Bureau, said that as of July 29th this year, the bureau had handled a total of 67.085 billion yuan of export tax refund (exemption).
Work together to implement the reduction.
One point for deployment and nine points for implementation. Finance, taxation and other relevant departments at all levels have implemented relevant policies and measures to reduce taxes and fees in place, which has promoted steady economic and social development.
Tang Shukui introduced that Shenzhen has established a linkage and information sharing mechanism between finance, taxation, social security, medical insurance and other departments to smooth the policy to the "last mile".
Shenzhen tax department vigorously promotes "non-contact" taxation, forming a taxation pattern with online taxation as the main channel and comprehensive speed-up and flow control in the lobby. "We conscientiously do a good job in the implementation of preferential policies, non-contact taxation, data services and epidemic prevention and control, and help market players to move forward lightly." Zhang Guojun, Party Secretary and Director of State Taxation Administration of The People’s Republic of China Shenzhen Taxation Bureau, said.
With the in-depth implementation of various policies and measures to benefit enterprises, the vitality of Shenzhen market players has recovered rapidly. The value-added tax invoice data of 3.5 million taxpayers in the city show that the overall sales revenue of Shenzhen in the first half of the year has fully recovered to the same level of the previous year, and the overall recovery rate is nearly 100%.
Since the beginning of this year, the Hunan Provincial Department of Finance has established and improved the working mechanism of tax reduction and fee reduction for the first time, set up the coordination mechanism of finance, development and reform, taxation and human society departments, planned tax and fee policies and measures in advance, made a good analysis and calculation of tax reduction and fee reduction, and took the lead in introducing preferential tax and fee policies to support small and micro enterprises and individual industrial and commercial households to resume work. In Yueyang City, the work of tax reduction and fee reduction is included in the assessment of promoting the high-quality development of the private economy and key fiscal and taxation work in the city.
"In order to ensure that the national tax reduction and fee reduction policies and measures go directly to enterprises and become the main body of the market ‘ Empower ’ We implement grid services and strengthen the follow-up of policy implementation. " Wang Jianping, deputy director of State Taxation Administration of The People’s Republic of China Hunan Provincial Taxation Bureau, said. It is reported that Hunan Province has established a system for cadres of tax authorities at all levels to go to enterprises for research and counseling, to solve tax-related problems such as policy application and qualification identification for enterprises such as Lansi Technology, and to form a policy implementation guide, which is applied in the province.
In Chongqing, the municipal departments of discipline inspection and supervision, finance, taxation and auditing, the Chongqing Supervision Bureau of the Ministry of Finance and the Chongqing Special Office of the National Audit Office have jointly strengthened the supervision of tax reduction and fee reduction. At the same time, we will implement "interaction between banks and taxes", improve tax-related data value-added services, and link tax credit with financial credit to provide financial support for enterprises that operate in good faith and pay taxes according to law. "Chongqing will be more active in implementing a proactive fiscal policy and fully stabilizing enterprises to protect market players." Chen Junwu, director of the Tax Administration Department of Chongqing Finance Bureau, said. (Economic Daily China Economic Net reporter Zeng Jinhua)