Tax Refund and Tax Reduction Policy for 2022

1. Positive answer

Manufacturing and other industries that are eligible for the 2022 tax refund and tax reduction policy can apply to the competent tax authorities for a refund of the incremental increase starting from the tax filing period in April 2022. Retained tax credit. Qualified medium-sized enterprises in manufacturing and other industries can apply to the competent tax authorities for a one-time refund of the existing retained tax credits starting from the tax declaration period in July 2022. Qualified large enterprises in manufacturing and other industries can apply to the competent tax authorities for a one-time refund of the existing tax credits starting from the tax declaration period in October 2022.

2. Analysis

For small and micro enterprises, individual industrial and commercial households, and qualified medium-sized enterprises, the remaining value-added tax credits will be fully refunded before the end of June. The applicable subjects for the reduction of six taxes and two fees at a rate of 50% of the tax amount will be extended from small-scale value-added tax taxpayers to small low-profit enterprises and individual industrial and commercial households. Small-scale VAT taxpayers whose taxable sales income is subject to a tax rate of 3 and whose monthly sales are less than 150,000 yuan are exempt from VAT. Prepayment of VAT is suspended for items that are subject to a prepayment rate of 3. For individual industrial and commercial households whose annual taxable income does not exceed 1 million yuan, personal income tax will be halved based on the current preferential policies.

3. What is the policy for the reduction and exemption of six taxes and two fees for small and micro enterprises in 2022?

The people's governments of provinces, autonomous regions, and municipalities directly under the Central Government shall, based on the actual situation of the region and the needs of macro-control, Small-scale VAT taxpayers, small low-profit enterprises and individual industrial and commercial households can reduce resource tax, urban maintenance and construction tax, real estate tax, urban land use tax, stamp duty, cultivated land occupation tax and education surcharge within a tax range of 50%, local Education Plus. From January 1, 2022 to December 31, 2024, the province's small-scale value-added tax taxpayers, small low-profit enterprises and individual industrial and commercial households will be reduced by 50, six taxes and two fees.