Last year, the new tax cuts and fees exceeded 2.5 trillion yuan, and the market entities have strong confidence and vitality
"In 2020, the new tax cuts and fees for the whole year will exceed 2.5 trillion yuan, which satisfactorily completes the annual burden reduction goal. A series of practical tax and fee reduction policies have reduced the burden on enterprises and enhanced their sense of gain." January 20 , Cai Zili, director of the Revenue Planning and Accounting Department of the State Administration of Taxation, said at a press conference.
Data show that in 2020, tax revenues organized by taxation departments across the country (after deducting export tax rebates) will be 13.678 billion yuan, and the proportion of tax revenues in GDP will drop by about 0.82%. The tax burden of enterprises will be further reduced, and new tax-related market entities will be established throughout the year. 11.44 million households, higher than the previous two years.
In the past year, a series of large-scale tax and fee reduction policies and measures have been implemented to support market players in alleviating difficulties and provide reliable support for the "six stability" work and the implementation of the "six guarantees" task.
What does the new tax cut and fee reduction scale exceeding 2.5 trillion yuan bring?
——The production and operation of the enterprise are improving gradually, and the development confidence is more sufficient.
Last year, Hebei Qinhuangdao Harbor Aquatic Products Co., Ltd. encountered difficulties in its operation. The tax and fee reduction policy at critical moments reduced the burden on enterprises.
"In the first three quarters of last year, the company was exempted from social insurance premiums of more than 250,000 yuan. In addition to preferential tax and fee support, the tax department used big data to analyze the needs of downstream companies and domestic terminals to help us open up sales channels and expand the domestic market." Ren Wang Jianzhong said, “As of the end of November last year, the company had achieved sales of 50.77 million yuan in the domestic market. Compared with the same period in 2019, the domestic sales business increased by 20.65%. We are more and more confident in the future development.”
The value-added tax invoice data shows that in 2020, the national enterprise sales revenue increased by 6% year-on-year, an increase of 4.2 percentage points from the previous three quarters.
Among them, the fourth quarter increased by 15.7%, an increase of 3.3 percentage points over the third quarter.
——Accelerated release of corporate innovation capabilities and stronger development momentum.
"Enterprises can do their best to engage in research and development without the support of preferential tax and fee policies." said Tang Jianjun, assistant general manager of Jiangsu Tianhong Machinery Industry Co., Ltd., "Since last year, the company has received 1.14 million VAT refunds for software products In the first three quarters, the income tax of high-tech enterprises was reduced and exempted by 1.54 million yuan. A series of tax policies stimulated the R&D motivation of enterprises and effectively eased the financial pressure.
The development of new kinetic energy accelerates and the new economy grows vigorously.
Data show that in 2020, the national high-tech industry will maintain a rapid growth trend, with sales revenue increasing by 14.7% year-on-year, which is 8.7 percentage points faster than the national average of enterprises.
Benefiting from preferential tax policies such as R&D expenses plus deductions, R&D expenditures of key tax-source enterprises across the country are expected to grow by 13.1% year-on-year. Among them, the manufacturing industry will grow by 9.6%, and the software and information technology service industry will grow by 25.3%, both maintaining a positive innovation development momentum. .
——The tax burden of market entities continues to decline, and the development potential is greater.
Affected by the epidemic last year, Guangdong Huayi Sanitary Ware Industry Co., Ltd. was once faced with difficulties such as declining export orders and hindered logistics. The local taxation department took the initiative to carry out policy guidance and launched "remote reporting, speed-up approval, and vacancy processing" services to ensure the export tax refund processing time Compressed to the shortest.
"Last year, the rapid receipt of RMB 77.96 million in export tax rebates provided strong support for our transformation and upgrading and expansion of the market." The company's financial director Liang Baizhi said that over the past three years, the company's R & D expenses have been deducted as much as 111 million yuan. This has promoted a virtuous circle of R&D and production.
In 2020, the taxation department implemented a number of convenient measures to accelerate the progress of export tax rebates. The average time for normal tax rebate business processing was 20% faster than in 2019; the annual export tax rebate was 1,454.9 billion yuan, which eased the financial pressure of enterprises and strongly supported stable foreign trade.
Rong Hailou, spokesperson for the State Administration of Taxation, said that in 2021, the taxation department will better play the fundamental, pillar, and safeguard role of taxation in national governance, in order to maintain economic operations within a reasonable range and realize the "14th Five-Year Plan". Contribute to a good start.
Our reporter Wang Guan