Over the past year, tax policies have continued to make an effort to implement new tax cuts and fee reductions in accordance with the deployment of the 2021 Central Economic Work Conference, and to increase support for micro, small and medium-sized enterprises (MSMEs), individually owned businesses, and manufacturing enterprises. As of November 10, the national tax system has handled a total of 3.7 trillion yuan in new tax cuts and fee reductions as well as tax refunds and tax reprieves, providing a boost to China's economic ship as it rides the wind and waves forward.
Staying on the green mountain and keeping a steady course
Earlier this year, a new combination of tax and fee support policies was quickly introduced. On the basis of the previous years' tax cuts and fee reductions, a series of targeted innovations reflect the Party Central Committee and the State Council's deep insight into the "time" and "situation", as well as letting hundreds of millions of market players live a "good life! The State Council's deep insight into the "time" and "situation" as well as letting hundreds of millions of market players live a "good life".
Turning over the new combined tax policy guidelines for 2022, it is not difficult to find that, among these policies, there are both phased measures and systematic arrangements; there are both exemptions and remissions, as well as measures to slow down the payment of taxes and tax refunds; there are both universally applicable burden-reducing policies, as well as specific areas of special measures to help; there are both continuity arrangements, as well as the new deployments; there are both centrally unified implementation of the policy, and the local laws and regulations to implement measures on their own
There is no doubt that, in the past few years, the government has made a lot of efforts to improve the tax system. The autonomous implementation of measures
3.7 trillion yuan of new tax cuts and tax rebates and tax relief behind a series of rebates, reductions, tax and fee policies to take root in the field to see the effect of support for enterprises to "stay" in the green hills, to support the Chinese economic ship "stable" chassis The company's business is also a major player in the market, and it has a strong track record in the market.
-"refund" out of a new world
April 1 this year, a large-scale tax rebate began to be implemented. The new combination of tax support policies, large-scale VAT tax rebate is the "main event". Data show that, as of November 10, the total amount of tax credits and refunds has reached 2309.7 billion yuan, which has become an important force to help market players climb over the hurdles.
Good policies need to be implemented quickly. In order to allow market players to enjoy the policy dividend as early as possible, the original annual stock of tax rebates task ahead of the second quarter to focus on the completion of the tax rebates, and in July, a new expansion of seven industries rebates, the speed of tax rebates to further improve.
Good policy, but also need to be implemented steadily. In the process of large-scale VAT tax rebates, the tax department adhere to the "fast tax rebates, fight fraudulent rebates, rigorous investigation of internal errors, welcome the external supervisor, continuous publicity" five measures, adhere to the financial, banking, public security and other departments to work together to ensure that cent cent of the capital is firmly in the bag.
Return to the account of the funds, enterprises are used to do what?
The sample survey of enterprises organized by the tax department shows that the funds retained by enterprises for tax rebates are mainly used for expanding production, technology research and development, and paying salaries. Fan Yong, party secretary and professor at the School of Finance and Taxation at Central University of Finance and Economics, said that the VAT tax rebate is a powerful way to alleviate the pressure on the capital flow of enterprises, so that the market players hit by the epidemic can slow down and turn up.
-"Reducing" the burden of moving forward
The tax rebate, so that the enterprise funds from the "paper" to the "account". Tax cuts, for enterprises to climb over the hurdles when unloading baggage, accelerate the speed of running.
Since the beginning of this year, small and medium-sized micro-enterprise equipment and appliances pre-tax deduction of income tax, value-added tax exemption for small-scale taxpayers, small and medium-sized micro-enterprises, "six taxes and two fees" reduction, small and medium-sized enterprises, such as the reduction of corporate income tax policy has been introduced one after another, so that the amount of tax paid by a number of enterprises has been significantly reduced.
In the midst of the storm, every market entity is moving forward under the shelter of the big ship of China's economy.
The tax has continued to convey the policy temperature for industries that have been greatly affected by the epidemic. This year, including the suspension of VAT prepayment by branches of aviation and railroad transportation enterprises, exemption of VAT on income from public **** transportation services, and exemption of VAT on income from courier collection and delivery services, etc., have provided timely assistance to industries in difficulty.
This year, the sunshine of tax cuts also shone on people's closely related food, clothing, housing and transportation.
Individuals who are eligible to purchase housing in exchange for an individual income tax rebate, the implementation of "six taxes and two fees" for the elderly care services, the opening of individual pension accounts can enjoy the corresponding individual income tax concessions, the establishment of a special additional deduction for individual income tax for the care of infants and young children under the age of 3 years old
There is no doubt that the realization of the "old, the young and the old" is the most important thing in the future.
In realizing the beautiful picture of life of "a sense of old age, a sense of childcare, a sense of housing", and in meeting the people's aspirations for a better life, the tax revenue is using its own "subtraction" to do "addition" for people's happiness. "
-"slow down" and then "put more effort"
This year, the policy of slowing down the payment of taxes and fees has been introduced one after another. The introduction of the policy. Manufacturing small and medium-sized microenterprises deferred payment of part of the tax, phased deferred payment of the basic enterprise pension insurance premiums, unemployment insurance premiums, industrial injury insurance premiums, phased deferred payment of the basic medical insurance premiums, and manufacturing small and medium-sized microenterprises, individual businessmen and women deferred payment of income tax, such as the "five taxes and two fees" in the deferred payment period after the expiration of the extension of four months.
The "retreat", "reduce", "slow", let the machine move up, let the workshop sound, but also let China's economic smooth running up - "stability", "stability", "stability", "stability", "stability", "stability", "stability", "stability" and "stability".
The word "stability" is the guideline for tax revenue to play its role.
VAT invoice data show that with the rapid implementation of a series of tax support policies, the second quarter of the country's corporate sales revenue increased by 1.1% year-on-year, reversing the situation of decline in the early stages, since the third quarter of 3.4% year-on-year growth, showing stabilization and improving momentum.
"New" energy power to accelerate the front "into"
The Party's twentieth report emphasized that innovation is the first power. Only by implementing an innovation-driven strategy can we open up new areas of development, new tracks, and ensure that China's economic ship is stable and far-reaching.
In the first half of the year, the proportion of pre-tax deduction for research and development expenses of science and technology-based small and medium-sized enterprises (SMEs) was increased to 100 percent, and in the second half of the year, more tax bonuses were reaped by enterprises for innovation.
The State Council executive meeting held on September 7 made it clear that three phased tax cuts to support enterprise innovation would be implemented in the fourth quarter of this year to incentivize enterprises to increase inputs to enhance their innovation capacity. Subsequently, the Ministry of Finance, the State Administration of Taxation, the Ministry of Science and Technology and other departments to clarify the above preferential matters.
Li Xuhong, director of the Institute of Fiscal Policy and Application at the National Accounting Institute in Beijing, said the combined tax support policies, such as additional deduction for research and development expenses, help to incentivize enterprises to increase their investment in scientific and technological research and development, which not only helps the enterprises' own business situation to improve to achieve industrial upgrading, but also is the key to the improvement of the comprehensive national power and the economy's ability to generate incremental growth in terms of medium- and long-term development.
Tax data show that as of Nov. 10, high-tech industries and high-tech enterprises refunded 405.6 billion yuan, with sales revenue up 7.2 percent year-on-year.
Against the backdrop of the domestic epidemic rebound and the impact on the industrial production cycle, the high-tech industry still had a relatively bright performance. In the first 11 months, investment in high-tech industry increased by 19.9% year-on-year, the value-added of high-tech manufacturing industry increased by 8% year-on-year, and the value-added of equipment manufacturing industry increased by 6.2% year-on-year.
"Expanding" domestic demand sailing into new waters
In the deployment of next year's economic work, the Central Economic Work Conference made it clear that the first point is to focus on expanding domestic demand, to restore and expand consumption in a priority position.
Consumption is the lasting impetus for high-quality economic development, a key link and an important engine for smooth domestic circulation, and an important element in meeting people's needs for a better life. As one of the "troika" driving economic growth, expanding domestic demand has always been an important focus of China's economic development.
In fact, to promote the expansion of domestic demand, the tax has been in force. In the "buy buy" behind, there are more from the tax promotion.
Buying a car, there are new tax incentives.
Buying part of the passenger car, you can reduce the car purchase tax. This year's implementation of the phased reduction of some passenger car vehicle purchase tax policy, precisely to benefit the scope of the lock in the small displacement, economic, accounting for a large proportion of passenger cars.
Buying a new energy vehicle, you can enjoy the vehicle purchase tax exemption policy. This September, this preferential policy, which began in 2014, was extended for the third time. Experts said that the new energy vehicle purchase tax exemption policy was extended again, stabilizing social expectations, boosting market confidence, and is of great significance in promoting China's strategic transformation of transportation and energy, and in promoting the high-quality development of China's automotive industry.
The world's largest duty-free mall, Haikou International Duty Free City, opened at the end of October this year. Along with this, Hainan launched the tax-free activities to promote consumption.
Hainan's duty-free policy began in 2014, and last year the annual sales of Hainan's duty-free stores exceeded 60 billion yuan. At present, the country has 24 provinces have implemented the departure tax rebate policy, of which Beijing departure tax rebate store has more than 800. Over the past few years, the coverage of the departure tax rebate policy has been expanding, and convenient measures such as "buy and refund" have been gradually implemented, effectively promoting the development of the duty-free industry.
Over the past year, tax and commerce departments have issued a number of policies to support the development of related consumer industries. In promoting the resumption of development of the catering industry, the tax department has implemented various policies to help enterprises alleviate their difficulties; in promoting the consumption of green and smart home appliances, the tax department has fully implemented the policy of tax rebate for VAT allowances and credits to effectively alleviate the financial pressure on home appliance distribution enterprises
The report of the 20th CPC National Congress pointed out that the Party should focus on expanding domestic demand, and enhance the fundamental role of consumption in economic development, as well as the key role of investment in optimizing the supply structure.
In the new period, expanding domestic demand has a new mission in the context of high-quality development and supply-side reform. In this regard, how should taxation be utilized?
There is no lack of taxation in the Outline of the Strategic Plan for Expanding Domestic Demand (2022-2035): promoting the healthy and orderly development of the tax-exempt industry, optimizing fiscal and tax policies to promote the development of foreign trade, improving the direct tax system, and perfecting the comprehensive and categorical combination of the individual income tax system, etc., which points out the direction of the taxation to promote the expansion of domestic demand.
Expanding domestic demand, increasing the disposable income of residents and improving the pattern of income distribution is the foundation. In the past two years, the personal income tax system has been continuously improved, laying the foundation for perfecting the pattern of income distribution and expanding domestic demand to stimulate consumption.
Today's China has the world's most complete industrial system, the largest consumer market, and 220 million people in total talent resources. The central economic work conference made "next year's economic operation is expected to rebound in general" strategic judgment, the State Administration of Taxation party secretary, Secretary Wang Jun said in an interview, next year's economic development goals are scientific, positive, and steady, the tax department will grasp the study of next year's tax policy to support economic and social development, the extension of the optimization, Improve the reform, precise force, and use the good steel on the knife edge. I believe that under the role of a number of policies, including tax, China's economy will be able to bravely drive the "top wind boat", fearless "back to the wave". (Reporter He Le)