China News Service, Beijing, March 31 (Reporter Zhao Jianhua) This year, China has stepped up its support for small-scale taxpayers of value-added tax. From April 1, 2022 to December 31, 2022, three small-scale taxpayers will be applied. % taxable sales income, VAT is exempted; for prepaid VAT items subject to a 3% pre-levy rate, pre-paid VAT is suspended.

　　In recent years, China has continued to increase tax support for small and micro enterprises.

Liu Yunmao, deputy director of the Department of Goods and Services Tax of the State Administration of Taxation, introduced that in 2021, the threshold for value-added tax will be raised to 150,000 yuan (RMB, the same below) for monthly sales.

From the outbreak of the epidemic in 2020 to the end of March this year, the policy of reducing the levy rate of 3% to 1% has been implemented.

Previously, small-scale taxpayers whose monthly sales were more than 150,000 yuan and could not enjoy the tax exemption policy beyond the threshold can also enjoy tax exemption this year, and the tax burden has been reduced to zero, saving valuable funds for taxpayers and helping enterprises overcome difficulties. Great relief.

　　According to data released by the State Administration of Taxation on March 31, the VAT exemption policy for small-scale taxpayers introduced this year has benefited many people.

At present, there are more than 60 million small-scale taxpayers across the country. After the introduction of the new phased VAT exemption policy for small-scale taxpayers this year, the existing value-added tax preferential measures such as thresholds will be superimposed, covering almost all small-scale taxpayers.

　　According to the State Administration of Taxation, on the basis of the previous work, the tax authorities have optimized and upgraded the invoicing and declaration systems, added a reminder function for taxpayers to enjoy the tax-free policy, helped taxpayers to enjoy the policy conveniently, and avoided incorrectly filling and missing taxpayers to the greatest extent possible.

　　While small-scale taxpayers are exempted from the value-added tax policy, from January 1, 2022 to December 31, 2024, provinces (autonomous regions and municipalities directly under the Central Government) can impose VAT on small-scale taxpayers, small low-profit enterprises and individual industrial and commercial households in 50 Resource tax, urban maintenance and construction tax, real estate tax, urban land use tax, stamp tax (excluding securities transaction stamp tax), cultivated land occupation tax, education surcharge, and local education surcharge are reduced within the range of % of the tax amount. "Reduction Policy.

　　Liu Yi, deputy director of the Property and Behavioral Tax Department of the State Administration of Taxation, introduced at the "Tax Lecture" held on March 31 that the "six taxes and two fees" reduction and exemption policy has been expanded from small-scale VAT taxpayers to all small and low-profit enterprises and individual businesses.

This reduction and exemption will continue to be enjoyed by self-declaration, and taxpayers do not need to submit additional documents.

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