China News Service, November 1st. On the 1st, the State Council held a regular policy briefing to introduce the relevant situation of the "Regulations on Promoting the Development of Individual Industrial and Commercial Households". Dai Shiyou, director of the Department of Policy and Regulations of the State Administration of Taxation, said in response to a reporter's question that benefiting from a national policy. With a series of tax and fee reduction policies, currently over 80% of individual industrial and commercial households in the country do not need to pay tax, and the average monthly tax payment of individual industrial and commercial households that need to pay tax has dropped by 40% this year compared with 2019.

  Dai Shiyou said that the new combined tax and fee support policy will be implemented in 2019, and the support for individual industrial and commercial households will be further increased by means of "refund, reduction, exemption and delay".

Specifically, individual industrial and commercial households belonging to general taxpayers, like other enterprises, can enjoy the large-scale VAT refund policy according to regulations, and the scope of the “six taxes and two fees” reduction policy will be extended to small-scale VAT taxpayers. To all individual industrial and commercial households.

Small-scale taxpayers, including individual industrial and commercial households, are exempted from value-added tax in stages.

The payment of some taxes and fees for individual industrial and commercial households in the manufacturing industry will be postponed.

Individual industrial and commercial households can also enjoy the policy of reducing unemployment and work-related injury insurance rates and deferred payment of social insurance premiums in stages according to regulations.

  Dai Shiyou introduced that the State Administration of Taxation timely compiled and continuously updated the "Guidelines for Preferential Tax and Fee Policies for Small and Micro Enterprises and Individual Industrial and Commercial Households", organized service months for individual industrial and commercial households, and launched a special campaign to help small and micro market players develop "Spring Rain Runs Miao" to help individual industrial and commercial households. Users can timely understand, accurately grasp, and make full use of tax and fee concessions, and the policy effect continues to appear.

  First, the scale of burden reduction continued to expand.

The preferential tax and fee policies have covered all self-employed industrial and commercial households. From 2020 to the end of September this year, a total of 1,027.2 billion yuan in tax and fee reductions have been provided for self-employed industrial and commercial households.

  Second, the tax burden is decreasing year by year.

Benefiting from a series of tax and fee reduction policies introduced by the state, currently over 80% of individual industrial and commercial households in the country do not need to pay tax, and the average monthly tax payment of individual industrial and commercial households that need to pay tax has dropped by 40% this year compared with 2019.

  Third, the vitality of market entities has been continuously enhanced.

Under the combined effect of a series of policies such as taxes and fees, from 2020 to September this year, a total of 17.342 million new individual industrial and commercial households have been established among the national tax-related market players, which has played a positive role in stabilizing employment and protecting people's livelihood.

  Dai Shiyou made it clear that in the next step, the tax department will conscientiously study and implement the spirit of the 20th National Congress of the Communist Party of China, implement the decisions and arrangements of the Party Central Committee and the State Council, work closely with other departments, and take effective and effective measures to effectively promote the implementation of the "Regulations".

In the implementation of tax cuts and fee reductions, individual industrial and commercial households can enjoy the dividends, in optimizing service measures to make individual industrial and commercial households more convenient, in helping to solve difficulties for self-employed industrial and commercial households to seek practical benefits, and actively help the development of individual industrial and commercial households grow.

(Zhongxin Finance)