The renewal of the year-end bonus tax concessions echoes the expectations of the people
■ Editorial
The renewal of the year-end bonus individual tax concessions will not only inspire people's hearts, but will also have a significant effect on promoting the vitality of the domestic consumer market, which can be described as killing two birds with one stone.
The end of the year is approaching, and it is the day that working-class people are looking forward to-many companies will issue year-end bonuses to employees who have worked hard for a year.
In some companies, the year-end bonus is less than one or two months and more than three or four months of salary. For employees, this large amount of bonus can be used to pay for mortgages, prepare new year’s goods, and be used as children’s New Year’s tuition. .
Therefore, how many taxes should be paid for the year-end bonus has also become a common concern of working-class people.
Now that the answer comes out, the executive meeting of the State Council held on December 29 decided that the annual one-time bonus will not be incorporated into the salary income of the current month, and the policy of calculating the tax separately based on the monthly conversion rate will be implemented, and it will continue until the end of 2023.
So, if the annual one-time bonus is not included in the salary income of the current month, how much tax can be reduced or exempted to the working class?
Some media have calculated that if an employee with a monthly salary of 15,000 yuan, a quarterly bonus of 4,000 yuan, and a year-end bonus of 48,000 yuan, if the year-end bonus is not included in the monthly salary and salary income, his personal tax will be less than 8,000 yuan.
It can be seen that this preferential tax policy has brought a big year-end gift package to the working-class. Everyone has more money, and it can be used for daily life and family care more easily and can make a living. A more comfortable New Year.
In addition, the meeting decided to continue the exemption of tax supplements for those whose annual income does not exceed 120,000 yuan and the tax supplement or the annual finalized supplementary tax amount does not exceed 400 yuan, and the policy will also continue until the end of 2023; separate equity incentives for listed companies The tax calculation policy will continue until the end of 2022.
These measures will allow the working class to pay less tax, pay less tax, and bring more income into their own pockets.
The government's resolutions on various tax incentives at the end of the year are not only the persistence of the policy of reducing taxes and fees and benefiting the people in recent years, but also the meticulous care, understanding the people's thinking, and delivering warm public services. Temperature makes people have stronger confidence in the development of the new year, and build expectations for better days.
In recent years, the government has adopted more active and inclusive measures to share the hard-won results of the epidemic.
It can be seen that China has taken effective measures to deal with the new crown epidemic. It quickly resumed work and production in the second quarter of last year. The social economy has stepped out of a clear "V"-shaped rebound curve and has become the world's first major economy to maintain positive economic growth. Thanks to the central series of policy combinations that hit the lifeblood of economic recovery, the concerted efforts of the majority of workers are also indispensable.
The annual one-off bonus is not included in the salary bonus of the month, just like the "big gift package" issued by the government, it is a reward for everyone who has jointly created this miracle.
The sound economic fundamentals give the government enough confidence to continue implementing tax incentives such as individual tax incentives.
In this way, while inspiring people's hearts, it will also achieve obvious results in promoting the vitality of the domestic consumer market, which can be described as killing two birds with one stone.
A few days ago, the central government repeatedly emphasized the need to live a tight life. Liu Kun, Secretary of the Party Leadership Group and Minister of the Ministry of Finance, published an article pointing out that always focus on coordinating revenue and expenditure, needs and possibilities, strengthen budget management, and continuously improve the efficiency of financial resource allocation and the use of financial funds. Spend money on the blade, and earnestly implement the requirements of the tight life.
Obviously, the excessively tight days advocated by the central government are precisely the renewal of the concept of public financial allocation and other public services. It is the province's place to save, and the place to spend must be in place.
We should do a fine management internally, and save when we are in the province; externally, we will not be stingy in ensuring the necessary welfare and services for people's livelihood.
Only in this way has the central government continue to promote the implementation of measures such as year-end bonus tax concessions.
In fact, the implementation of policies with a degree of relaxation is the real power to repel the epidemic and more calmly deal with various uncertainties at home and abroad.
It is in such a positive action that the overcoming of difficulties, the cohesion of people's hearts, and the joint efforts of the government and the people to create a better tomorrow have become a clearly visible blueprint for the new year.