Preferential policies for personal income tax relief during the epidemic period

Give tax incentives to small-scale VAT taxpayers and individual industrial and commercial households, postpone the payment of income tax in 2020 for small-scale low-profit enterprises and individual industrial and commercial households, continue to implement relevant tax support policies in inclusive finance, enhance their ability to resist risks, and help them tide over the difficulties. Fourth, efforts should be made to stabilize foreign trade and expand domestic demand. Increase the export tax rebate rate of export products except "two high and one capital" to promote the stability of foreign trade; Reduce the value-added tax on used cars sold by used car distribution enterprises, extend the policy of exempting new energy vehicles from vehicle purchase tax for two years, and promote automobile consumption.

Second, analysis

Personal income tax is the general name of legal norms that adjust the social relationship between tax authorities and natural persons in the process of personal income tax collection and management.

Three, the following personal income, shall be exempted from personal income tax:

1. Bonuses in science, education, technology, culture, health, sports, environmental protection, etc. Awarded by the provincial people's government, the State Council ministries and commissions, China People's Liberation Army units at or above the military level, and foreign and international organizations;

2. Interest on treasury bonds and financial bonds issued by the state;

3, subsidies and allowances issued in accordance with the unified provisions of the state;

4. Welfare fees, pensions and relief funds;

5. Insurance compensation, etc.