(Economic Observation) Helping small and micro enterprises encourage innovation, the executive meeting of the State Council of China has repeatedly mentioned taxation
China News Service, Beijing, August 24 (Reporter Zhao Jianhua) At the executive meetings of the State Council held this year, taxation has been mentioned more than a dozen times. The content mainly focuses on implementing tax reductions and fee reductions, supporting the development of small and micro enterprises, and strengthening taxation policies. Incentives, help entrepreneurship and innovation; improve the convenience of tax and fee services, and optimize the business environment.
Support small and micro development
A large number of small and micro enterprises are an important support for China's economic resilience and employment resilience.
Affected by the epidemic in the past two years, small and micro enterprises have faced development difficulties.
Since the beginning of this year, the executive meeting of the State Council has involved small and micro enterprises on many occasions, and proposed policies and measures such as tax reduction and fee reduction to support the development of small and micro enterprises and individual industrial and commercial households.
Including the increase in income tax incentives for small and micro enterprises and the inclusion of individual industrial and commercial households in the scope of preferential policies. From January 1 this year to the end of next year, the annual taxable income of small and micro enterprises and individual industrial and commercial households will be less than 1 million yuan ( In the RMB, the same below), on the basis of the current preferential policies, the income tax will be halved to further reduce the actual tax burden.
From April 1 this year to the end of next year, the value-added tax threshold for small-scale taxpayers such as small and micro enterprises and individual industrial and commercial households will be increased from the current monthly sales of 100,000 yuan to 150,000 yuan.
The Ministry of Finance and the State Administration of Taxation subsequently issued relevant tax preferential policy announcements to help small and micro enterprises reduce their burdens.
The State Administration of Taxation has also jointly launched special actions with the All-China Federation of Industry and Commerce to help the development of small and micro enterprises.
According to data released by the State Administration of Taxation, in the first half of this year, new tax cuts for small and micro enterprises exceeded 110 billion yuan.
Yang Zhiyong, deputy dean of the Institute of Financial Strategy of the Chinese Academy of Social Sciences, said that the superposition of various tax incentives will effectively reduce the overall burden of small and micro enterprises and help them continue to develop.
Encourage entrepreneurship and innovation
Since the beginning of this year, the executive meeting of the State Council has repeatedly deployed and strengthened taxation policies to encourage enterprises to start their own businesses and innovate.
Including, starting from January 1 this year, the rate of deduction for R&D expenses of manufacturing enterprises will be increased from 75% to 100%, which is equivalent to every RMB 1 million invested in R&D expenses by enterprises, which can deduct RMB 2 million from the taxable income. .
The implementation of this policy is expected to reduce taxes by more than 360 billion yuan last year and another 80 billion yuan in tax cuts for enterprises this year.
Implement policies such as tax deductions and exemptions, additional deductions for research and development expenses, and tax refunds for incremental value-added tax.
According to data released by the State Administration of Taxation, in the first half of this year, the taxation department implemented additional deductions for research and development expenses, and key support high-tech enterprises reduced the corporate income tax rate at 15%, and the software product value-added tax was immediately refunded. The policies that will continue to be implemented in 2021 will cut taxes and fees for the manufacturing industry by a total of 743.55 billion yuan.
The superposition of various policies has effectively stimulated the entrepreneurial and innovative vitality of enterprises.
Tan Heng, director of the Taxation Science Research Institute of the State Administration of Taxation, said that taxation has played an important role in "double innovation" as an economic control lever. The implementation of preferential tax policies for "double innovation" and the professional and efficient taxation services of taxation departments should be encouraged. , Continuously activate market cells with infinite creativity, and promote "double innovation" to become a new engine of China's economic growth.
Improve the business environment
The executive meeting of the State Council held this year also requested many times to promote the facilitation of tax and fee services and continue to optimize the business environment.
These include deepening the reform of "delegating management and service", optimizing the business process of social insurance payment, and expanding the scope of "non-contact" services. By the end of July, enterprises can pay social insurance premiums basically online, and before the end of the year, personal payments can basically be handled on the palm. ".
Improve the convenience of export tax rebates, and reduce the average time for tax rebates to less than 7 working days before the end of this year.
According to the State Administration of Taxation, at the end of June this year, the taxation department has realized that all payment businesses of enterprises can be "operated online", and individual payment businesses can basically be "handheld", completing the goals and tasks proposed by the executive meeting of the State Council ahead of schedule.
In the first half of this year, the number of newly established tax-related market entities was 6.243 million, an increase of 27.3% over 2020 and an increase of 22.8% over 2019.
The rapid growth of the number of market entities is an important manifestation of the continuous improvement of the business environment and the continuous release of market vitality.
Zhang Bin, vice president of the University of the Chinese Academy of Social Sciences, said that facilitation of tax and fee services is conducive to the timely and full release of tax and fee reduction dividends, further reducing burdens and increasing efficiency for market entities, and stimulating entrepreneurial and innovative vitality.
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