Chinanews.com, July 30. On the 30th, the State Council Information Office held a press conference to introduce the financial support for building a well-off society in an all-round way. Vice Minister of Finance Xu Hongcai said at the meeting that it is expected that the burden of market players will be reduced by more than 2021. 700 billion yuan.
At the press conference, a reporter asked: Public opinion generally believes that my country has implemented a large-scale tax and fee reduction policy since the 18th National Congress of the Communist Party of China. The policy is relatively strong, the policy contains a lot of gold, and the sense of enterprise gain is relatively strong.
Could the Ministry of Finance introduce the specific work in this area, and what specific work plans thereafter?
In this regard, Xu Hongcai said that since the 18th National Congress of the Communist Party of China, China has continued to implement the policy of reducing taxes and fees, and has focused on using the "subtraction" of government revenue in exchange for the "addition" of corporate benefits and the "multiplication" of market vitality. Consolidate the foundation.
The Ministry of Finance has made some statistics. During the 13th 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.
This number is relatively large, especially in 2020. In response to the sudden outbreak of the epidemic, the financial department has resolutely implemented the decisions and arrangements of the Party Central Committee and the State Council. Under the circumstances of greater financial revenue and expenditure pressure and difficulties, it has continuously issued and implemented 7 batches of 28 tax and fee reduction policies, and the annual new tax and fee reductions exceeded 2.6 trillion yuan, which strongly supported the resumption of work and production and business of various market entities, helped enterprises to relieve their development, and promoted the sustained and stable recovery of China's economy .
Xu Hongcai said that since the beginning of this year, in accordance with the spirit of the Central Economic Work Conference and the deployment requirements of the government work report, we will further optimize and implement the tax and fee reduction policies to help market players regain their vitality and increase vitality.
The main measures include the following aspects, some of which are reserved and some are newly added.
One is to continue to implement systemic tax reduction policies, such as lowering the value-added tax rate, value-added tax credit, and special additional deductions for personal income tax, to continue to implement the systemic tax reduction policies, so that the policy stacking effect will continue to be released.
The second is to adjust the tax and fee reduction policies at different stages.
Extend the implementation period of the small-scale taxpayers' reduction of value-added tax and other policies introduced during the epidemic, and maintain the necessary support for economic recovery.
The third is to introduce new structural tax reduction policies.
Strengthen the tax incentives for small and micro enterprises, increase the value-added tax threshold for small-scale taxpayers, and further increase the income tax incentives for small and micro enterprises and individual industrial and commercial households, and the part of small and micro enterprises and individual industrial and commercial households whose annual tax payable is less than 1 million yuan , On the basis of the current preferential policies, the income tax will be halved again.
Support manufacturing and technological innovation, increase the percentage of deductions for R&D expenses of manufacturing enterprises to 100%, and allow enterprises to enjoy the policy of deductions for half a year.
For advanced manufacturing enterprises, the incremental amount of value-added tax will be refunded in full on a monthly basis. This is some of the new structural tax reduction policies introduced this year.
Fourth, continue to implement fee reduction measures, continue to gradually reduce unemployment insurance and work-related injury insurance rates, abolish port construction fees, reduce the levy of airline civil aviation development funds, and increase the rectification of various types of illegal corporate fees.
Xu Hongcai said that the implementation of the above-mentioned policy measures is expected to reduce the burden on market entities by more than 700 billion yuan throughout the year.
In the next step, the Ministry of Finance will conscientiously implement the decisions and deployments of the Party Central Committee and the State Council, resolutely implement the policy of fine-grained tax and fee reduction, focus on optimizing the implementation mechanism, improve the effect of policy implementation, clean up and standardize various types of illegal charges related to enterprises, and resolutely not charge excessive "Taxes and fees" to prevent weakening of the tax and fee reduction dividends, so that companies have more sense of gain.
At the same time, closely follow the macroeconomic situation, consider the development needs of helping companies to relieve their difficulties, further study and improve the problems in the implementation of specific policies, continue to stimulate the vitality of market players, and promote stable economic operation and high-quality development.