What are the tax and fee reduction policies?

Tax reduction and fee reduction policy contents:

The first is to implement inclusive tax reductions and exemptions for small and micro enterprises;

The second is to increase the value-added tax for small-scale taxpayers The starting point;

The third is to relax the identification standards for small and micro enterprises and increase the intensity of preferential treatment;

The fourth is to pay some local taxes paid by small-scale taxpayers , cost reduction policies can be implemented;

Fifth, the scope of application of preferential policies related to start-up technology companies should be expanded. Venture capital companies and individual angel investors can invest in start-up technology companies according to the amount of investment. policy of deducting 70% of taxable income. The content of the tax reduction and fee reduction policy: first, implement inclusive tax reductions and exemptions for small and micro enterprises; second, increase the threshold for small-scale taxpayers of value-added tax, relax the identification standards for small and micro enterprises, and increase the intensity of preferential treatment; The fourth is to implement fee reduction policies for some local taxes paid by small-scale taxpayers; fifth, the scope of application of preferential policies related to start-up technology companies should be expanded, and venture capital companies and angel investors who invest in start-ups should be Technology-based enterprises can deduct 70% of their investment from taxable income. Under the general trend of industry-financial integration, it is inevitable that traditional tax inspection methods will be transformed into intelligent tax inspections. Enterprises should be the first to use Zhongzhi Cloud, follow tax laws and policies, and achieve tax reductions and fee reductions, and enjoy the benefits they deserve. Zhongzhi Yunqing is an intelligent tax law inquiry application and push system. It contains 170,00 tax laws and policies. All documents can be extracted instantly, eliminating the need for multiple pages to be continuously cut off, cluttered documents, information fragmentation and other major problems, and directly improving work efficiency. Strengthen the "blood-making" function of local finance and create an environment that is proactive, competitive for development, and hard-working.

The impact of tax cuts and fee reductions on small and micro enterprises

1. First, reduce the tax burden on small and medium-sized enterprises. We will continue to implement tax cuts and fee reductions, and all domestic value-added tax and corporate income tax for small and micro manufacturing enterprises will be deferred, and the tax for medium-sized manufacturing enterprises will be deferred at 50%. Extend the implementation of phased reductions in unemployment insurance and work-related injury insurance premium rates.

2. The second is to alleviate the problem of difficult and expensive financing for small, medium and micro enterprises. In 2021, the central government will arrange 3 billion yuan in incentives and subsidies to support the expansion of financing guarantees for small and micro enterprises, reduce guarantee rates, and reduce guarantee costs for market financing entities by more than 10 billion yuan throughout the year.

3. The third is to support high-quality actions of “specialization, specialization, innovation”. From 2018 to 2022, the central government will allocate about 9 billion yuan to promote mass entrepreneurship and upgrading of small and medium-sized enterprises

In summary, I hope that the answers to the questions about tax reduction and fee reduction policies can be given to all entrepreneurs. Help is available, please inquire above for details.

Legal basis: "Tax Collection and Administration Law of the People's Republic of China"

Article 3: The levy and suspension of tax collection, tax reduction, tax exemption, tax refund and tax repayment , shall be implemented in accordance with the provisions of the law; if the law authorizes the State Council to stipulate it, it shall be implemented in accordance with the provisions of the administrative regulations formulated by the State Council. No agency, unit or individual may violate the provisions of laws and administrative regulations and make without authorization any decision to introduce or suspend tax collection, tax reduction, tax exemption, tax refund, tax repayment or other decisions that conflict with tax laws and administrative regulations.