29 Small And Micro Enterprises "Six Tax Two Fee" Top Grid Reduction

February 11th is the first working day after the Spring Festival holiday. Chen Lixia, an accountant from Chongqing frontier management consulting company, went to Youyang County tax service hall to do the tax. In just a few minutes, he got the common VAT invoice which was set up by the tax authorities.

"I used to pay taxes more than 30 thousand yuan a month, but I didn't pay the tax for the 96 thousand yuan bill today, and the tax exemption standard was 3 times!"

Chen Lixia said.

Reporters learned from the State Administration of Taxation, a new round of small and micro enterprises preferential tax reduction policy measures implemented since January 2019, small and micro enterprises in February ushered in the first tax declaration period after the tax reduction policy.

The tax department has provided the taxpayer with the convenient service of "Declaration and enjoyment", so that the small and micro taxpayers all over the country are more comfortable and more comfortable to get the red envelopes of national tax reduction.

The new round of tax reduction measures include relaxing the small and small profit enterprise standards and increasing the income tax preference, and raising the threshold for VAT taxpayers.

Under the new regulation, VAT taxpayers with less than 100 thousand yuan of monthly sales value are exempt from VAT, and small scale taxpayers are allowed to choose to declare monthly or quarterly.

The new small and micro enterprises' preferential tax reduction and tax reduction policy measures not only give further relief to small-scale taxpayers and small and small profit enterprise income tax, but also allow provincial (district or municipal) governments to reduce resource tax, urban construction tax, real estate tax, urban land use tax, stamp duty (excluding stamp duty on securities pactions), land occupation tax and education fee plus local educational attaching within 50% degrees of VAT small-scale taxpayers.

Reporters learned that, as at 17 o'clock in February 14th, Beijing, Liaoning, Zhejiang, Anhui, Fujian, Shandong, Guangdong, Hainan and other 29 provinces (regions and municipalities) clearly defined the "six tax and two fee" for small and micro enterprises, which was reduced by 50%.

"Declaration is enjoyment" is a major feature of the new round of small and micro enterprises' preferential tax reduction policy measures, and it is also a common feeling of taxpayers who enjoy "real gold and silver" tax reduction during the reporting period.

"How to declare before, how to declare now, as long as we fill in the data, we can enjoy tax concessions."

In February 12th, Li Shun, a financial officer who had just completed the online declaration of a commercial and trading company in Nanning, Guangxi, said.

Tang Jiqiang, a professor at Southwestern University of Finance and Economics, said that at present, as long as the taxpayer's project is completed, the system can automatically help to enjoy tax concessions, including automatic identification of whether taxpayers can enjoy preferential tax reduction policies for small and micro enterprises, automatically calculate taxpayers' tax deductions, and automatically generate tax returns.

The head of the State Administration of Taxation said that with the introduction of more tax and fee reduction policies and measures, small and micro enterprises will get richer red packets. With the escalation of convenient tax service initiatives in the tax department, the greater sense of gain for the market players is on the way.