Zhongxin Finance, April 1 (Reporter Li Jinlei) Since April 1, the large-scale tax refund policy has been implemented, and "real money" has been distributed to enterprises that are in urgent need of "returning blood".
Data map: RMB.
Photo by Ai Qinglong
1.5 trillion yuan "cash rain" is coming
The 2022 Government Work Report clarifies that a new combined tax and fee support policy will be implemented.
Tax cuts and tax rebates go hand in hand.
It is estimated that the annual tax rebate will be about 2.5 trillion yuan, of which
about 1.5 trillion yuan will be retained for tax rebates, and all tax rebate funds will go directly to enterprises.
What is a tax credit rebate?
That is, the amount of tax that has not been deducted at the end of the value-added tax period is refunded to the taxpayer.
To put it simply, it is to refund the value-added tax deducted when paying taxes in the future to the enterprise in advance.
Equivalent to real money going directly to the enterprise, directly improving cash flow.
This tax rebate not only expands the scope of incremental full tax rebate, but also involves the remaining tax credit for the first time.
According to the timetable specified at the executive meeting of the State Council on March 21, the
existing tax credit will be refunded in full at one time before the end of June, micro enterprises will be refunded in April, and small enterprises will be refunded in May and June; the incremental tax credit will be refunded on April 1. Full refund on a monthly basis.
On April 1, eligible micro-enterprises have officially started the processing of tax refunds and other businesses, and many companies have submitted tax refund applications to the tax authorities to enjoy the state's tax refund "gift package".
Xie Wen, director of the Department of Goods and Services Tax of the State Administration of Taxation, said that this year's new tax refund policy will add about 1.5 trillion yuan in cash flow to market players, and the tax will be refunded to enterprises in the form of "real money". , which directly increases the immediate income of the enterprise. For enterprises that are in the expansion period and in urgent need of financial support, it can play a role in helping, overcoming difficulties, and helping them in the process of production and operation.
This is undoubtedly a "timely rain" for many struggling enterprises.
Data map: Production workshop.
Photo by Wang Danfeng
Who can benefit? Small and micro enterprises + six major industries
This large-scale tax rebate will give priority to supporting small and micro enterprises, with a focus on supporting industries such as manufacturing.
For all eligible small and micro enterprises, individual industrial and commercial households, as well as manufacturing, scientific research and technical services, electricity, heat, gas and water production and supply, software and information technology services, ecological protection and environmental governance, transportation and warehousing All the tax credits for industries such as the postal industry and the postal industry are fully refunded.
In other words, it
not only fully covers small and micro enterprises, but also focuses on six major industries.
The data shows that among the enterprises benefited by the tax rebate policy this year, the number of small and micro enterprises will account for more than 90%; the scale of newly added tax rebates in the manufacturing industry will account for about 30%, the largest among all industries.
Zhang Lianqi, a member of the Standing Committee of the National Committee of the Chinese People's Political Consultative Conference and vice-chairman of the China Taxation Society, said that small and micro enterprises are large in scale and support a large number of employed people. Protecting small and micro enterprises is to ensure employment and people's livelihood, and every ordinary person will benefit from it.
Xie Wen pointed out that implementing large-scale tax rebates and tilting towards small and micro enterprises, manufacturing and other key industries, encouraging enterprises to increase capital, expand production, transform and upgrade, and boost the confidence of market players in development are important measures to strengthen cross-cyclical and counter-cyclical adjustment. Provide strong support for stabilizing the macroeconomic market.
How to get the tax refund red envelope directly to the enterprise?
Under the influence of the impact of the epidemic and the increasing downward pressure on the economy, the tax rebate red envelope is a "life-saving money" for many small and medium-sized enterprises. How to ensure that this "life-saving money" goes directly to the enterprise?
Where does the money come from?
According to the deployment,
on the basis of paying 50% of the tax rebate funds according to the current tax system, the central government will set up three special projects by arranging 1.2 trillion yuan of transfer payment funds to
support the grassroots implementation of tax rebates, tax reductions and fee reductions, as well as ensuring employment and basic livelihood.
Among them, for the local burden part of the newly added tax rebates, the central government subsidy exceeds 82% on average, and it is inclined to the central and western regions.
Xu Hongcai, vice minister of the Ministry of Finance, said that special funds such as tax rebates are included in the direct mechanism to ensure that the tax rebate funds can quickly reach the grassroots level of cities and counties and play a role as soon as possible.
The finance and taxation departments at all levels shall do a good job in the protection of tax refund funds and the specific refund of tax refunds, strengthen work coordination and information sharing, and form a joint force to ensure that tax refund funds are refunded to enterprises in full and in a timely manner.
It is the tax department to issue the invoice and the financial department to give the money. It is very important for the two to cooperate.
Zhang Lianqi believes that it is necessary to prevent some illegal acts and tax refund frauds in the process of tax refund.
The central transfer payment is a direct mechanism, and it must be implemented to market entities according to the time node, so that they can be pocketed as soon as possible to ensure that market entities "enjoy what they deserve".
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