All localities and departments should vigorously implement the new requirements related to tax reduction and fee reduction, and keep the economy operating within a reasonable range.

It is possible to continue and improve some of the tax and fee reduction policies that have been introduced; increase the value-added tax refund policy; improve the R&D expense deduction policy; appropriately reduce the personal income tax burden of low- and middle-income groups; resolutely control arbitrary charges, etc.

　　The Central Economic Work Conference pointed out that it is necessary to continue to implement new tax cuts and fee reductions for market players to help them, especially small and medium-sized enterprises and individual industrial and commercial households, reduce their burdens, relieve their burdens, and resume development.

The recently held symposium on tax and fee reduction pointed out that in response to the needs of market players, we must promptly implement new and stronger combined tax and fee reductions to ensure a smooth start to the economy in the first quarter and stabilize the macroeconomic market.

The author believes that all localities and departments should effectively implement the relevant requirements and keep the economy operating within a reasonable range.

　　Continue and improve some of the tax and fee reduction policies that have been introduced.

The symposium on tax reduction and fee reduction emphasized that the tax reduction and fee reduction measures to support small and micro enterprises and individual industrial and commercial households that expired at the end of 2021 should be continued.

In the past few years, my country has introduced many preferential tax policies to support small and micro enterprises, and these policies will expire at the end of 2021.

In order to do a good job in the "six stability" and "six guarantees" work in 2022, the continued implementation of these policies will help stimulate the vitality of market players and withstand the new downward pressure on the economy.

For example, it is possible to continue to implement the preferential value-added tax policy for small-scale taxpayers, and continue to implement the preferential income tax policy for small and low-profit enterprises.

　　Intensify the policy of VAT credits and refunds.

The retained part of the value-added tax is essentially the capital occupation of the enterprise.

Intensifying the reform of value-added tax credits and refunds can not only significantly reduce the burden on enterprises, but also help to standardize and optimize the tax system.

This year, we can adapt to the needs of the situation, increase the intensity of tax rebates, so as to ensure that all refunds should be made, and at the same time appropriately lower the policy threshold, so that more market players can enjoy the policy.

　　Improve the deduction policy for R&D expenses.

In order to support the development of the manufacturing industry and encourage the economy to “get rid of the virtual and turn into reality”, in 2021, my country has increased the deduction ratio of the R&D expenses of manufacturing enterprises from 75% to 100%, and at the same time allows enterprises to enjoy it in advance, which has achieved good results. .

This year, the scope of this policy can be expanded so that all types of technology-based enterprises can enjoy it, so as to accelerate the promotion of technological progress, drive the whole society to increase investment in research and development expenses, and promote technological innovation and renovation of manufacturing enterprises.

　　Appropriately reduce the personal income tax burden of low- and middle-income groups.

The executive meeting of the State Council held a few days ago issued three policies: First, the policy of not incorporating one-time bonuses throughout the year into the current month’s wages and salaries, and implementing separate monthly taxation policies will be postponed until the end of 2023.

The second is to extend the tax exemption policy with an annual income of no more than 120,000 yuan and a tax payment or annual final tax payment of no more than 400 yuan to the end of 2023.

The third is to extend the separate tax calculation policy for equity incentives of listed companies to the end of 2022.

These three policies are expected to reduce the burden on society by 110 billion yuan a year.

　　Resolutely control arbitrary charges.

In recent years, the state has continued to control arbitrary charges, which has greatly reduced social transaction costs and optimized the business environment.

It must be noted that arbitrary charges will seriously offset the effect of tax and fee reduction policies, increase the burden on enterprises, and affect business confidence and expectations.

It is necessary to treat both the symptoms and the symptoms, and continue to deal with arbitrary charges.

It is strictly forbidden to set up charging items without authorization, raise the collection standards, and expand the collection scope.

It is necessary to further strengthen the standardized management of fees charged by industry associations and chambers of commerce, and use market-oriented methods to promote the rationalization of operating fees.

　　Feng Qiaobin (the author is the deputy director of the Macroeconomic Research Department of the Development Research Center of the State Council)