in order to strengthen the prevention and control of epidemic situation and speed up enterprises' resumption of work and production, the state has issued a series of preferential tax payment policies for enterprises. In this paper, what are the preferential tax policies for enterprises during the epidemic? Let's learn about them together!

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preferential tax policies for enterprises, preferential policies for small and medium-sized enterprises, income tax policies, questions and answers, and accounting treatment of tax-free income

preferential tax policies for enterprises during the epidemic period

1. From February to June, the national (except Hubei Province), small and medium-sized enterprises can be exempted from paying fees for pension, unemployment and work-related injury insurance units;

from February to April, the contributions of pension, unemployment and industrial injury insurance units can be halved for large enterprises all over the country (except Hubei province);

from February to June in Hubei province, all kinds of insured enterprises can be exempted, and pension, unemployment and work-related injury insurance units can pay fees.

The basic medical insurance premium paid by the unit will be halved in stages. The specific consideration is to start from February, and the longest period is no more than 5 months.

(Note: the three social security expenses (enterprise pension, unemployment and work-related injury insurance) of small and medium-sized enterprises are exempted in stages, which means that the part borne by the unit is exempted. As the medical insurance that should be borne by the unit and the pension insurance, medical insurance and unemployment insurance that should be borne by the individual, the declaration and payment must still be completed. Taxpayers should not rush to declare social security fees, but wait until the declaration system is revised. Enterprises that have already declared payment are expected to apply for refund online or as advance payment. )

At the same time, before the end of June, enterprises can apply for deferred payment of housing provident fund. During this period, the provident fund loans that employees cannot repay normally due to the epidemic will not be overdue.

2. The newly purchased related equipment of key materials production enterprises for epidemic prevention and control in order to expand production capacity is allowed to be included in the current cost and deducted before enterprise income tax.

Policy basis: Announcement No.8 of the Ministry of Finance and the State Administration of Taxation

3. Taxpayers' income from transporting key materials for epidemic prevention and control shall be exempted from value-added tax.

Policy basis: Announcement No.8 of the Ministry of Finance and the State Administration of Taxation

4. The enterprises producing key materials for epidemic prevention and control will be fully refunded the incremental VAT tax after October 1.

Policy basis: Announcement No.8 of the Ministry of Finance and the State Administration of Taxation

5. For enterprises in transportation, catering, accommodation, tourism and other industries that are greatly affected by the epidemic, the carry-over period of losses will be extended for another three years on the basis of the current five years.

political basis: Announcement No.8 of the Ministry of Finance and the State Administration of Taxation

6. Taxpayers' income from providing public transportation services and living services, as well as receiving and distributing residents' necessities by express delivery, shall be exempted from value-added tax.

political basis: announcement No.8 of the Ministry of Finance and the State Administration of Taxation

7. Exemption from civil aviation development funds paid by civil aviation enterprises

Policy basis: announcement No.11 of the Ministry of Finance and the National Development and Reform Commission

8. Enterprises and individuals who donate medical materials and other items for epidemic prevention and control to hospitals through public welfare social organizations or directly are allowed to deduct them in full before paying income tax.

goods donated by units and individual industrial and commercial households for epidemic prevention and control are exempt from value-added tax, consumption tax, urban maintenance and construction tax, education surcharge and local education surcharge.

Policy basis: Announcement No.9 of the Ministry of Finance and the State Administration of Taxation

Hot issues of preferential policies for enterprise income tax during the epidemic period

1. Our company purchased alcohol for sub-packaging, and then donated it directly to hospitals undertaking epidemic prevention and control tasks to deal with the pneumonia epidemic in novel coronavirus, and made publicity banners. Excuse me, can the expenses of alcohol repackaging and making publicity banners be fully deducted when calculating taxable income according to Announcement No.9 of the Ministry of Finance and the State Administration of Taxation?

a: the expenses incurred by alcohol repackaging and publicity banners, which are included in the value of the donation, can be deducted in full as a donation. If it cannot be included in the value of the donation, it should be included in the relevant expenses of the enterprise and handled in accordance with the provisions of the tax law. But it cannot be deducted repeatedly.

2. Our company belongs to the production unit of key materials for epidemic prevention, and incurred expenditure on equipment purchase and donation to fight the epidemic in the first quarter. How should I fill in the declaration form when I declare the prepaid enterprise income tax in April?

a: during the April collection period, if the production enterprises of key materials for epidemic prevention and control enjoy the one-time pre-tax deduction policy, they should fill in the relevant information in the "II. One-time Deduction of Fixed Assets" in the fourth line of the Schedule of Accelerated Depreciation (Deduction) of Fixed Assets (A211121) when reporting in advance on a monthly (quarterly) basis.

if an enterprise enjoys the policy of full deduction of donation expenses for the prevention and control of pneumonia infected in novel coronavirus, it should fill in the relevant information in the "Attached Information: Full Deduction of Donation Expenses for the Prevention and Control of Pneumonia Infected in novel coronavirus" line at the end of the List of Tax-free Income, Deducted Income and Income Reduction (A211111).

3. Can an enterprise purchase a batch of medical materials in China and donate them to overseas charities, overseas countries or overseas hospitals, and enjoy the full deduction when calculating the taxable income in Announcement No.9 of the Ministry of Finance and the State Administration of Taxation?

a: according to the announcement of the Ministry of finance and the state administration of taxation on supporting the prevention and control of pneumonia epidemic in novel coronavirus (announcement No.9 of the Ministry of finance and the state administration of taxation), cash and articles donated by enterprises through public welfare social organizations or people's governments at or above the county level and their departments and other state organs are allowed to be deducted in full when calculating taxable income. Enterprises directly donate articles to hospitals that undertake epidemic prevention and control tasks to deal with the pneumonia epidemic in novel coronavirus, allowing full deduction when calculating taxable income.

before the national policy is further clarified, it is suggested that enterprises make donations through social organizations that have obtained the pre-tax deduction qualification for public welfare donations according to law, so as to enjoy preferential policies.

What are the preferential policies for small and medium-sized enterprises during the epidemic period?

1. During the epidemic period, discount loans were given to key enterprises.

During the epidemic period, because the economy of enterprises was seriously affected, in order to stabilize their own business, it was inevitable that loans would be involved. For enterprises that borrowed loans, the Central Ministry of Finance also implemented corresponding measures, and the discount period would be less than one year.

2. Providing relevant preferential financial services

In this epidemic, service industries such as catering, transportation, express delivery, accommodation, tourism, etc., especially small and micro enterprises, which are greatly affected, should not blindly cut off loans or press loans. For enterprises whose epidemic situation is seriously affected, loans may be extended or renewed if repayment is difficult at maturity.

3. Broaden financing channels

During the epidemic period, enterprises that are seriously affected and whose stock pledge agreement has just expired can negotiate with relevant financial institutions and basically be granted an extension of 3-6 months if they apply for an extension due to repayment difficulties.

4. Extend the tax payment period

In addition to enterprises, in this epidemic, the state has also issued corresponding preferential tax policies for taxpayers. According to the latest news, the tax declaration period has been extended from February 28th to May 22nd. For taxpayers who are still unable to file tax returns or postpone tax returns on May 22, they can explain their reasons in writing to the local tax authorities and go through the formalities of delaying tax returns.

accounting treatment of tax-free income during the epidemic period

borrowing: bank deposits or related subjects

lending: main business income

lending: tax payable-value-added tax payable-output tax

borrowing: tax payable-value-added tax payable-tax relief

lending: non-operating income-government subsidies.