In recent years, the CPC Central Committee and the State Council have attached great importance to the development of the company, introduced a series of tax support policies, and continuously increased the scope of tax reduction policies. Many operators still have questions about the calculation of corporate income tax reduction and exemption, whether the policy benefits can be cumulatively enjoyed, and the calculation of personal income tax reduction and exemption for self-employed persons. The following are the latest tax incentives and exemptions.

First, VAT exemption

Current policy: April 1, 2022 to December 31, 2022, small-scale VAT taxpayers are exempted from VAT at 3% of the taxable sales revenue, and the prepayment of tax is suspended.

My tip: The preferential policy applies to small-scale VAT taxpayers, regardless of whether they are companies or self-employed. As long as they meet the above criteria, they can enjoy the favorable VAT exemption policy.

Second, half of the preferential tax policy

Current policy 1: January 1, 2021 to December 31, 2022, under the premise of the current preferential policies, the annual taxable amount of individual households shall not exceed 1 million yuan, personal income tax exemption. Individual households can enjoy any tax method.

I hint: the announcement of the calculation of tax relief

Tax relief = (individual business income taxable amount shall not exceed 1 million yuan of part of the taxable income - other current policy tax relief × individual business income taxable amount of individual business income does not exceed 1 million yuan ÷ individual business income taxable amount) × ( 1-50%)

Individual households must fill in the "VAT Exemption" column of the income tax return for the corresponding business income calculated in the above way and attach the "Individual Income Tax Abatement and Exemption Matters Reporting Form" when filing the tax return. For self-employed persons who file their income tax returns through the electronic tax office, the tax office can provide preferential VAT exemption and pre-filled forms. For self-employed people who have a fixed budget and simple declaration, the tax office should pay the tax according to the tax reduction.

Current policy 2: From January 1, 2022 to December 31, 2024, the people's governments of provinces, autonomous regions and municipalities directly under the central government may, according to the specific conditions and macroeconomic policies of their regions, scale VAT taxpayers, small and micro-enterprises and self-employed businessmen 50% tax.

I remind: VAT small-scale taxpayers, small and micro enterprises and individual business households in accordance with the provisions of the resource tax, big city maintenance and construction tax, real estate tax, urban land use tax, contract stamp duty, cultivated land occupation tax, education surcharge, local education surcharge policy preferences, can enjoy the above policy preferences.

Third, the extension of the company's social security contributions to the current policy

Current policy 1: companies in difficult industries can apply for basic pension insurance premiums, unemployment insurance premiums, work-related injury insurance premiums (hereinafter referred to as the three social insurance premiums), of which the pension insurance premiums are extended to the end of 2022, work-related injury insurance premiums, unemployment insurance premiums shall not be more than 1 year. During the extension period, all late fees will be waived.

Current policy 2: Small and medium-sized enterprises and self-employed businessmen who have temporary difficulties in production and operation in the areas seriously affected by the epidemic can apply for three social insurance premiums for a period of time until the end of 2022, during which late payment fees will be waived.

Current Policy 3: Individuals and various types of freelancers who participate in the basic pension insurance for enterprise employees and have difficulties in making contributions in 2022 can extend their contributions on their own.

Mortgages outstanding in 2022 can also be repaid by the end of 2023. The deposit base can be freely selected from the upper and lower limits of the local individual contribution base in 2023, and the cumulative number of years of contribution.

Fourth, the refund of incremental enterprise value-added tax credit refund policy benefits

Since July 1, 2022, to expand the scope of enterprise value-added tax refund policy, the Ministry of Finance and the General Administration of Taxation to further increase the enterprise value-added tax refund policy at the end of the notice (Ministry of Finance and the General Administration of Taxation announced No. 14, 2022, hereinafter referred to as the announcement of the Ministry of Finance and the General Administration of Taxation, No. 14, 2022) of the second paragraph of the provisions of the full amount of the processing manufacturing industry monthly The scope of the policy of refunding incremental enterprise VAT and total input tax in one lump sum is extended to "wholesale and retail trade", "agriculture, forestry, animal husbandry and aquaculture", "accommodation and catering", "residential services", "food and beverage", "food and beverage", "food and beverage" and "food and beverage". (hereinafter referred to as "residential services, maintenance and other services", "culture and education", "health and social work", and "culture, art and sports services"). "(hereinafter referred to as wholesale and retail and other areas) companies (including self-employed, the same).