The biggest ever!
my country's tax cuts and fees this year exceed 2.5 trillion yuan
In recent years, a popular word in the field of finance and taxation is to reduce taxes and fees, which has reduced a lot of burdens on enterprises and individuals.
So, during the "13th Five-Year Plan" period, how big is the cumulative scale of tax reduction and fee reduction in my country?
Let's see it together.
7.6 trillion yuan, which is the total scale of my country's new tax and fee reductions from 2016 to 2020, which is almost equivalent to the total annual GDP of Hebei and Fujian.
Among them, in 2019 alone, my country’s new tax cuts and fees were 2.36 trillion yuan, accounting for more than 2% of the year’s GDP, and driving the annual GDP growth by about 0.8 percentage points.
Reduce taxes and fees, benefit enterprises and people
In the past five years, deepening the reform of value-added tax, the deduction of R&D expenses, the reform of individual tax...A series of tax and fee policies that benefit the real economy and the people have been introduced one after another.
Only R&D expenses plus deduction for this preferential policy, from 2016 to 2019, the cumulative number of companies enjoying dividends exceeded 840,000, and the cumulative R&D investment was 5.2 trillion yuan, and the total corporate income tax was reduced or exempted by more than 873 billion yuan, which is effective Supported the development of technological innovation.
Like this steel company in Jiangsu, from 2017 to the end of August this year, the company enjoyed a number of tax and fee concessions such as high-tech corporate income tax concessions and R&D expenses plus deductions.
The policy dividend has continued to expand, and the accumulated tax burden has been reduced by more than 1.5 billion yuan.
Let's look at personal income tax again.
Starting from January 1, 2019, my country has fully implemented the personal income tax reform.
In that year, the individual tax revenue was 1.038.8 billion yuan, a year-on-year decrease of 25.1% from 2018 (1.3872 billion yuan).
How many people directly enjoy the policy dividend?
The answer is 250 million taxpayers.
And the per capita tax cut exceeds 1,800 yuan.
Since the beginning of this year, in response to the epidemic, my country has introduced and implemented a batch of phased and targeted tax and fee reduction policies in a timely manner, which has strongly supported the production of key guarantee materials for epidemic prevention and control, and supported industries and enterprises that have been greatly affected by the epidemic. As well as individual industrial and commercial households and small and micro enterprises, this year's tax and fee reduction scale will be the largest in history, exceeding 2.5 trillion yuan.
(Headquarters CCTV reporter Wang Nan Tian Qiyong)