2 trillion yuan! This is the scale of the government's work report to reduce corporate tax and social security contributions. Known by experts as "the largest tax reduction and fee reduction in history", it instantly ignited the network and smashed the circle of friends.
“The value-added tax is reduced by 3%, which is close to 20%. The excitement is hard to say, we have more resources to invest in R&D and manufacturing, and make products better!†“Bringing a series of real for private enterprises The policy spree "...represented members and the community.
This time, the implementation of a larger scale of tax reductions and reductions, inclusive tax cuts and structural tax cuts, will reduce the current 16% VAT rate in the manufacturing industry to 13%, the transportation industry, construction industry and other industries. The current 10% tax rate is reduced to 9%; the proportion of urban employees' basic pension insurance units is reduced, which can be reduced to 16%;
It should be pointed out that as an important measure for the structural reform of the supply side, China has been focusing on “water release and fish farming†in recent years, vigorously promoting tax reduction and fee reduction, and focusing on “subtraction†of government revenue in exchange for “addition†of enterprise benefits and The “multiplication†of market vitality is only about 1.3 trillion yuan for corporate and individual tax reductions in the whole year of 2018.
The downward pressure on the economy has increased. How to further reduce the burden on enterprises and stimulate the vitality of market players? The Central Economic Work Conference proposed that a proactive fiscal policy should be strengthened to improve efficiency and implement a larger tax cut and fee reduction. The government work report proposes that it is a fair and efficient policy to reduce the tax and reduce costs directly to the pains and difficulties of the current market players.
Tax reduction and fee reduction, this time is even more powerful! The new tax reduction and fee reduction measures have received unprecedented attention because of the large scale and effective measures for tax reduction and reduction. The value-added tax rate has been lowered sharply, with a focus on manufacturing; pension insurance has lowered the rate, and it is difficult to strike the pain of the company... These measures have one thing in common, that is, directly reduce the tax rate and rate directly, and the actual and hard-hitting, the tax and fee are falling, and the effect is immediate. Significantly enhance the sense of corporate access.
In addition to the scale exceeding expectations, this tax cut and fee reduction also emphasizes the implementation of measures and strives to stabilize market expectations. For example, it is required to “ensure that the tax burden of major industries is significantly reducedâ€. For the issue of social security contributions with high social voices, it is emphasized that “the current method of collecting and collecting†should be “not allowed to collect the historical arrears on their own.†At the same time, in order to support enterprises to reduce burdens, it is required that "all levels of government must live a tight life." Every move reflects that tax cuts and fees are not only stuck in the documents, but also in reducing the actual burden on enterprises.
"If you have more difficulties, you must do this big thing well." The environment facing China's development this year is more complicated and more severe, and the development of enterprises will also face a series of challenges. It is believed that with the gradual landing of large-scale tax reduction and fee reduction policies, it will further stimulate the vitality of market players, boost market confidence, help enterprises overcome difficulties, and promote economic development.
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