What financial and tax support does a donation and donation company have? Do small and micro businesses enjoy preferential taxes? Official response
Sino-Singapore Jingwei Client March 3rd-On the 3rd, the State Council's joint prevention and control mechanism held a press conference to provide financial and taxation policy support for epidemic prevention and control and resumption of production. At the meeting, what financial and tax support are there for companies that donate money and goods? How to help small and micro enterprises and other related issues, the relevant departments responded one by one.
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How to help enterprises resume work and resume production?
Fu Jinling, director of the Office of the Ministry of Finance's Leading Group for Response to Epidemics and director of the Department of Social Security of the Ministry of Finance, stated that in accordance with the decision-making arrangements of the Party Central Committee and the State Council, the Ministry of Finance and related departments have issued a series of fiscal and tax policies to support enterprises, especially small and medium-sized enterprises. As soon as work resumes, these policies can be summarized into three points.
First, let companies pay less. In addition to the implementation of tax reduction and exemption policies, a social insurance premium reduction policy has recently been introduced to reduce the burden on enterprises, especially small and medium-sized enterprises. After the implementation of the three social insurance fee reductions for pensions, unemployment and work injuries, it is expected that enterprises will be reduced in 2020. The burden is more than 510 billion yuan. At the same time, it also guides local governments to reduce the payment of some employee medical insurance units while ensuring the long-term sustainability of the medical insurance fund, which can reduce the burden on enterprises by about 150 billion yuan. Coupled with the implementation of the policy of reducing the contribution of corporate pension insurance units from 20% to 16% last year, the reduction of social insurance premiums throughout the year alone will reduce the burden on enterprises by more than 1 trillion yuan.
Second, let the government make up a little more. During the epidemic prevention and control period, the policy standards for the stable return of unemployment insurance for small and medium-sized enterprises were generally relaxed, and the efforts to stabilize the return of unemployment insurance were increased. At the same time, it also increased the support for vocational training subsidies, actively promoted the development of online vocational skills training, and during the outbreak prevention and control period, some small, medium and micro enterprises carried out offline or online training during the shutdown period and recovery period, they were also included in the subsidy as required. range.
Third, let financing costs go down a bit. Increase the scale of discounted funds, increase support for financial discounts on key loans for key guarantee enterprises, and give discounts based on 50% of the actual loan interest rates obtained by the companies. This will ensure that the actual financing cost of these companies is not higher than 1.6%. According to information from the People's Bank of China, the actual financing cost of loaned enterprises is even lower.
Data map. Photo by Xiong Jiali
How does the tax department ensure the implementation of preferential tax policies?
Wang Daoshu, the chief auditor of the State Administration of Taxation and the director of the Department of Goods and Labor Tax, pointed out that the state has issued three batches of tax and fee reduction policies to help prevent and control epidemics and resume work and production. As far as the implementation of preferential policies is concerned, the tax department has resolutely achieved "four timely".
The first is to do a good job of prompting publicity and guidance in a timely manner, and to push policies to taxpayers and payers as soon as possible through websites, hotlines, WeChat, and SMS, and use online interviews and video tutorials to answer questions and doubts for taxpayers and payers. Business training for tax officials. At present, 130 issues of tax policy hotspots have been released in 6 issues.
The second is to issue and issue operational guidelines in a timely manner. After each policy is issued, we will formulate operational measures in a timely manner. At present, tax and fee preferential policies have been formed involving four aspects: support for protection and treatment, support for material supply, support for public welfare donations, and support for resumption of production. Operational implementation guidelines.
The third is to adjust the information system in a timely manner. The State Administration of Taxation, while actively cooperating with relevant departments in researching and promulgating policies, prepares for the adjustment of information systems in advance to ensure that the information systems can be smoothly linked as soon as the policies are issued.
The fourth is to strengthen supervision and assessment in a timely manner. The State Administration of Taxation incorporates the implementation of policies into the performance evaluation system, compacts the responsibilities of tax authorities at all levels, strengthens supervision and supervision, takes work discipline seriously, and ensures that the good policies of the Party Central Committee and the State Council can be implemented and seen to be effective.
RMB. Photo by Zhongxin Jingwei
How to help small and micro enterprises and individual industrial and commercial households?
Wang Daoshu said that in response to the impact of the epidemic, the taxation department focused on increasing support for small and micro enterprises and individual industrial and commercial households from three aspects.
First, let them enjoy the bonus in terms of policy. There are many tax and fee reduction policies for small and micro enterprises and individual industrial and commercial households. There are policies that support the resumption of production and production or the reduction of value-added tax. Hubei is exempt, and other regions outside Hubei are levied at a rate of 1%. You can also enjoy other preferential tax policies for epidemic prevention and control issued by the state; you can also continue to enjoy the tax exemption policy for small-scale VAT taxpayers with monthly sales income below 100,000 yuan introduced since last year. At the same time, small and micro enterprises and individual industrial and commercial households participating in the insurance by units can also enjoy three tax and fee support policies, such as the phased reduction and exemption of social insurance premiums. These are the key points of the tax department's "preferential policies to be implemented." Small and micro enterprises and individual industrial and commercial households should enjoy enjoyment and enjoy quick enjoyment.
Second, add convenience to services. The taxation department deploys local tax authorities to provide “Four Specialist” services. First, there is a column on the Internet. A special service column for small and micro enterprises and individual industrial and commercial households is set up on the tax website to make relevant policies and measures easy to know. Secondly, there are special seats on the line. Small and micro enterprises are set up on the 12366 tax service hotline to open direct online communication channels. Third, there is a special person, and an information desk and guide are set up in the tax office to provide special tax guidance services for small and micro enterprises and individual industrial and commercial households. Fourth, there is a special office. The State Administration of Taxation has set up a small and micro enterprise service office, and local tax service agencies have designated special departments to be responsible for the service of small and micro enterprises and individual industrial and commercial households.
Third, help them increase their trust in financing. In order to help small and micro enterprises solve the problem of financing difficulties, the tax department will expand the tax-credit credit A-level and B-level to M-level enterprises in the “Private Tax Action for Private Government” launched this year. It has doubled, and ensured that the push of information and the acceptance of applications were not interrupted during the epidemic, and strived to achieve one-stop online processing of "bank-tax interaction" loans.
Why do many taxes choose VAT relief?
Wang Jianfan, Director of the Taxation Department of the Ministry of Finance, pointed out that this is the third batch of tax and fee reduction policies decided by the State Council executive meeting within a month. This time, the focus is on small-scale VAT taxpayers, including general taxpayers. And small taxpayers. Small-scale taxpayers are VAT taxpayers whose annual sales do not exceed 5 million. Small-scale taxpayers account for a very large proportion of existing VAT taxpayers, above 80%. The tax reduction for small-scale taxpayers is mainly targeted at individual industrial and commercial enterprises and small and micro enterprises.
Why choose VAT? Wang Jianfan said that the small-scale taxpayer's VAT is calculated based on the turnover × collection rate, and the small-scale taxpayer's collection rate is 3%. This time, small-scale taxpayers in Hubei Province will be exempted from VAT for three months. Small-scale taxpayers outside Hubei Province will be reduced from the current rate of 3% to 1%. Enterprises need to pay VAT as long as they have operating income. Now, as long as they are small-scale taxpayers, they can benefit, ensuring that small-scale taxpayers can fully enjoy the benefits of tax concessions. This is the inclusive nature of taxes and the universality of small-scale taxpayers, which maximizes the coverage of tax incentives.
Will financial and tax policy support be provided to companies that donate money and goods?
Wang Daoshu pointed out that in encouraging charitable donations. Cash and items donated to the epidemic through donations made by non-profit social organizations, people's governments at or above the county level, and their departments are allowed to be deducted in full before corporate income tax. Donation of epidemic-resistant items directly to hospitals undertaking epidemic prevention tasks allows full deduction of corporate income tax and personal income tax before taxes. Donating goods for the epidemic free of charge is exempt from value-added tax, consumption tax, urban maintenance and construction tax, education surcharge and local education surcharge. In addition, the scope of donation duty-free imports has been expanded. (Zhongxin Jingwei APP)