The dividend of tax reduction and fee reduction is appearing more and more, and the tax reduction data disclosed recently echoes the intuitive feelings of enterprises. According to data released on June 19 in Shanxi Province, a total of 6.378 billion yuan of tax reduction and fee reduction has been added in Shanxi Province. In addition, it is estimated that by reducing the VAT collection rate of small-scale taxpayers and raising the threshold standard, the annual tax reduction is expected to be 2 billion yuan, and nearly 100000 enterprises and individual businesses will enjoy preferential policies directly.
Nationwide, according to the data of the State Administration of Taxation, from January to April this year, a total of 906.6 billion yuan of tax reduction and fee reduction has been added, including 485.7 billion yuan of tax reduction and fee reduction in the preferential policies issued this year to support epidemic prevention and control and economic and social development.
From February to April, Ali Research Institute and China family finance survey and research center of Southwest University of Finance and economics sent online questionnaires to small and medium-sized enterprises on Taobao and tmall platforms for three consecutive months to investigate the impact, difficulties and challenges of the epidemic on the operation of enterprises on the platform. Survey data shows that the most obvious policy for SMEs is tax relief.
On the basis of the massive tax reduction of 2.36 trillion yuan last year, China will continue to implement the policy of tax reduction and fee reduction this year. According to this years government work report, it is expected to reduce the burden on enterprises by more than 2.5 trillion yuan in the whole year. On June 17, the executive meeting of the State Council stressed that accelerating the implementation of the policy of reducing fees has achieved results, reducing the burden for the market main body. Several previous executive meetings of the State Council also made a series of specific plans to effectively implement tax reduction and fee reduction.
These policies focus on hedging the business difficulties of enterprises, and focus on reducing the tax burden of small and medium-sized micro enterprises, individual businesses and enterprises in difficult industries through institutional arrangements and phased policies.
Experts interviewed by the economic reference pointed out that at present, the dividend of tax reduction and fee reduction began to be released in depth, and the deep effect of promoting high-quality economic development is emerging. The policy of reducing taxes and fees is being implemented in detail. In order to make up for the financial gap at the grassroots level caused by tax reduction and fee reduction, the establishment of special transfer payment mechanism and other measures will also promote the sinking of financial resources and protect the peoples livelihood at the grassroots level.
Zhang Lianqi, member of the accounting standards strategic committee of the Ministry of Finance and vice president of China taxation society, pointed out that in recent years, the tax reduction measures introduced in China are systematic and sustainable, such as value-added tax reform, enterprise income tax reform, etc., which have a great cumulative effect, and enterprise burden reduction will become more and more obvious. On this basis, the introduction of the new policy will bring more tax reduction dividends to enterprises.
Tax reduction and fee reduction, like a long stream of water, can fundamentally optimize the tax business environment and form a positive interaction with the development of enterprises. Novel coronavirus pneumonia, Li Xuhong said, reducing taxes and lowering fees not only enhance the competitiveness of enterprises, but also enhance their competitive advantage, enhance their growth ability, support their structural adjustment and innovation and development by reducing their tax burden, and at the same time enhance their risk tolerance capabilities, so as to provide protection for the impact of the market in the context of the new crown pneumonia epidemic.