Increase tax reduction and fee reduction. Strengthen phased policies, combine institutional arrangements, release water to raise fish, and help market players get rid of difficulties and develop. This year, we will continue to implement the system of reducing the value-added tax rate and the enterprise pension insurance rate, and increase tax reduction and fee reduction by about 500 billion yuan. In the early stage, a tax reduction and fee reduction policy expired before June was introduced, including exempting small and medium-sized enterprises from pension, unemployment and industrial injury insurance units, exempting small-scale taxpayers from value-added tax, exempting public transportation, catering and accommodation, tourism and entertainment, culture and sports, and exempting civil aviation development funds and port construction fees. The implementation period has been extended to the end of this year. Income tax payment for small and micro enterprises and individual industrial and commercial households will be postponed until next year. It is estimated that the annual new burden reduction for enterprises will exceed 2.5 trillion yuan. We must resolutely implement the tax reduction and fee reduction policy to enterprises, stay green forever and win the future.
In other words, the social security policy originally reduced to June will continue to be implemented until the end of this year. Think about it. Isn't it exciting?
If you pay social security, because the expenses of enterprises and individuals are borne by themselves, individuals who pay social security can also enjoy this relief policy.