Epidemic hits Chinese New Year, businesses hit

Before and after the Chinese New Year is the prime time when China's consumption is at its peak throughout the year, and the ravages of the Xin Guan epidemic have been the brunt of the epidemic for the catering, tourism, hospitality, entertainment, manufacturing, and transportation industries. Economic losses are now expected to exceed one trillion yuan, more than 5 percent of GDP in the first quarter of 2019, according to data released by the Data Research Institute.

On the tire business online research data line, the country's overall tire retail stores are currently about 5% of the opening rate, while some of the tire companies fully coordinated efforts to start currently the country is expected to be around 30%, and some companies in this week has just begun to plan to resume work and can not be opened at full capacity. And sandwiched in the middle of the tire wholesalers are basically hanging in the air, warehouses have goods, retailers do not move, the dilemma. Part of the tire business veterans said that if in April or so can be restored if the annual performance impact will be about 15%.

Transportation and logistics

From China's Ministry of Transportation issued a "notice on the new Crown pneumonia epidemic prevention and control during the exemption of toll road vehicle tolls" shows: since February 17, 2020 from 00:00 to the end of the epidemic prevention and control work, the national toll road exemption vehicles free object: traveling on the toll road of all passenger cars, trucks, special operations vehicles, including those allowed to travel on ordinary toll roads. (Free objects: all passenger cars, trucks and special operation vehicles traveling on toll roads, including motorcycles allowed to travel on ordinary toll roads. (Free objects: all passenger cars, trucks and special operation vehicles traveling on toll roads, including motorcycles allowed to travel on ordinary toll roads.) Tolls.

The specific timeframe is up to the end of the epidemic prevention and control work approved by the State Council as the termination time, which is currently tentatively set at 24:00 on June 30, and it is based on the time of the networked toll collection system when the vehicles leave the toll lanes at the exit of the highway. However, according to the progress of the epidemic, this time there may be adjustments.

These preferential policies will greatly encourage tire companies and dealers to accelerate tire logistics, reduce operating costs and ease the burden. And as far as the current coming more than 10 consecutive days of new confirmed cases are declining, the country is making great efforts to eliminate the epidemic, resume production and work, to provide protection for many enterprises.

The tax advantage?

The State Administration of Taxation (SAT) has recently joined forces with the Ministry of Finance (MOF), the General Administration of Customs (GAC) and other departments to formulate and issue four tax policy announcements. The tax incentives introduced this time are fast, involve a lot of taxes and fees, live in the way of relief, targeted, and benefit a wide range of groups. The State Administration of Taxation urges tax authorities at all levels to implement the newly introduced preferential policies without fail, and to ensure that the policies are put in place.

At present, the tax authorities are optimizing the tax payment service in accordance with the "four-step" procedure.

The first step, according to the epidemic prevention and control needs, to extend the deadline for tax declaration, in addition to Hubei Province, nationwide in February the deadline for declaration of tax on the basis of the previous has been extended to February 24, and then extended to February 28 (Friday);

The second step, in accordance with "as far as possible to do it online" principle, to optimize the function of the electronic tax bureau, to expand the function of the electronic tax bureau.

In the second step, in accordance with the principle of "doing online as much as possible", we optimize the functions of the E-Tax Bureau and expand the scope of "non-contact" online tax and fee payment;

In the third step, we will give patient and detailed answers to the personalized problems and needs encountered by the taxpayers and fee payers through the 12366 Tax Service Hotline, WeChat, and other channels to help them solve the problem;

In the fourth step, we will give patient and detailed answers to the personalized problems and needs encountered by the taxpayers and fee payers. Indeed need to go to the tax payment place for business, guide first to the self-service tax service terminals for processing, self-service tax service terminals can not be processed, the tax authorities through the initiative to book services, staggered staggered processing, and do a good job of the tax service hall protection work to ensure that taxpayers, fee payers safe for processing, rest assured that the processing, efficient processing, and fast processing.

Pension costs

The State Council executive meeting on February 18, 2020, introduced a policy of phased reduction and exemption of corporate pension, unemployment and industrial injury insurance unit contributions to mitigate the impact of the epidemic on enterprises, especially small and medium-sized micro-enterprises. Provinces, except Hubei, may exempt small, medium and micro-enterprises from the above three fees from February to June, and may reduce the levy by half for large enterprises from February to April; Hubei Province may exempt all types of insured enterprises from February to June. At the same time, before the end of June, enterprises can apply for a moratorium on housing provident fund contributions, during this period of time for employees due to the impact of the epidemic failed to make normal repayments of provident fund loans, will not be dealt with as overdue.

This time also effectively reduce the tire business, tire wholesalers and tire retail stores operating costs, the state on one hand to grasp the epidemic, one hand to grasp the resumption of work all do not relax to support the resumption of production.

Policy

In addition to the country's Ministry of Finance, Ministry of Transportation, Taxation Bureau, Ministry of Human Resources and Social Security and the Ministry of Industry and Information Technology and banks and other departments to promote the resumption of work, but also various local preferential policies and regulations, which came from Shandong Province, Zhejiang Province, Henan Province, preferential policies are very strong and very specific, such as Hangzhou, in order to encourage the return to work in order to do a good job of preventing epidemics. For example, Hangzhou, in order to encourage enterprises to return to work, in order to do a good job of epidemic prevention at the same time, but also financial subsidies to support enterprises to recall employees to work. And Shandong Province from the perspective of enterprises, and even some government officials directly to the tire business site to guide the resumption of production, to the many tire companies to cheer, remove the difficulties.

Resumption of work to start

Now it is the epidemic attack time, but also the economy continues to recover back to compensate for the time, in order to promote the resumption of production, the state has introduced a large number of powerful policies to help fight at the forefront of the national tire industry of the various enterprises and individuals.

After this difficulty, China's tire companies will be stronger!

Directly reply to "tire business" to get the "response to the epidemic central and local supportive policy compilation" full text document

This article comes from the automotive home car family number author, does not represent the views of the automotive home position.