China News Service, April 7th. Owenhan, assistant to the Minister of Finance, said on the 7th that the tax and fee reduction policies introduced in response to the epidemic last year were classified and adjusted and withdrawn in an orderly manner.
Appropriately extend the implementation period of policies such as the reduction of value-added tax for small-scale taxpayers, and maintain the necessary support for economic recovery.
Temporary and emergency policies involving epidemic prevention, control, and guarantee supply will cease to be implemented after expiration.
This afternoon, the State Council Information Office held a press conference on the implementation of the "14th Five-Year Plan" outline and speeding up the establishment of a modern fiscal and taxation system.
At the meeting, a reporter asked: In recent years, my country has implemented a large-scale tax and fee reduction policy, which is deeply rooted in the hearts of the people. During the "14th Five-Year Plan" period, what arrangements and arrangements are there for tax and fee reduction?
Owenhan responded that in recent years, my country has continued to implement large-scale tax cuts and fee reductions, combining institutional arrangements, phased policies and temporary measures to make overall plans and systematic progress.
One is the implementation of systemic tax reduction measures such as value-added tax reform and personal income tax reform.
While promoting the establishment of a modern tax system, it has also released large-scale tax cut dividends.
The second is to increase support for key areas such as small and micro enterprises, manufacturing, and technological innovation through phased and targeted tax reduction measures.
Third, in the face of a sudden epidemic in 2020, when fiscal revenues and expenditures are relatively difficult, temporary and emergency tax and fee reduction policies have been introduced, which effectively hedged the impact of the epidemic and helped companies to relieve their development.
Owenhan pointed out that, on the whole, tax cuts and fee reductions have been vigorous and effective in recent years.
During the "Thirteenth Five-Year Plan" period, the cumulative tax cuts and fees exceeded 7.6 trillion yuan, of which tax cuts were 4.7 trillion yuan, and fee cuts were 2.9 trillion yuan. The tangible policy dividends have played an important role in stimulating innovative vitality, optimizing economic structure, promoting household consumption and expanding employment.
Owenhan said that at present, my country's economy is showing a steady recovery of growth, but it is also faced with many uncertain factors. According to the requirements of proactive fiscal policy to improve quality and efficiency, and to be more sustainable.
In the next step, we will comprehensively consider the need for fiscal sustainability and the implementation of policies to help enterprises, balance the relationship between "current and long-term" and "needs and possibilities", and strive to improve the tax and fee reduction policies, optimize the implementation mechanism, and improve The effect of policy implementation has given enterprises a greater sense of gain.
Specifically include the following five measures:
First, continue to implement the systemic tax reduction policy.
For example, lower value-added tax rates, value-added tax credits, special additional deductions for personal income tax, and other previously introduced institutional tax and fee reduction policies continue to be implemented, allowing the continuous release of policy stacking effects.
Second, the phased tax and fee reduction policies were withdrawn in an orderly manner.
The tax and fee reduction policies introduced last year in response to the epidemic were classified and adjusted and withdrawn in an orderly manner.
Appropriately extend the implementation period of policies such as the reduction of value-added tax for small-scale taxpayers, and maintain the necessary support for economic recovery.
Temporary and emergency policies involving epidemic prevention, control, and guarantee supply will cease to be implemented after expiration.
Third, it is necessary to highlight and strengthen tax incentives for small and micro enterprises.
While implementing the inclusive tax and fee reduction policy for small and micro enterprises, further increase the tax reduction and exemption for small and micro enterprises and individual industrial and commercial households, and increase the threshold for small-scale taxpayers' value-added tax from monthly sales of 100,000 yuan Up to 150,000 yuan, the portion of the annual taxable income of small and micro enterprises and individual industrial and commercial households that is less than 1 million yuan will be taxed at a half-cut on the basis of the current preferential policies.
Fourth, increase support for manufacturing and technological innovation.
Continue to implement the 75% deduction policy for enterprise R&D expenses, increase the percentage of manufacturing enterprises’ extra deduction to 100%, encourage enterprises to increase R&D investment, and fully refund the incremental value-added tax credits for advanced manufacturing enterprises on a monthly basis .
Fifth, continue to clean up the fee fund.
Abolish port construction fees, lower the levy standards of the airline civil aviation development fund, increase the rectification of various types of illegal corporate fees, strictly control the unreasonable growth of non-tax revenue, and prevent the weakening of the tax and fee reduction policy dividends.