In The First Quarter, The National Total Tax Reduction And Reduction Fee Was 742 Billion 800 Million Yuan.

During the outbreak of the new crown pneumonia, China issued a number of preferential tax policies. In the first quarter, the country achieved a total tax reduction of 742 billion 800 million yuan. Tax relief has created a good environment for enterprises to resume work and resume production. The big data of VAT invoices show that the national enterprises have been resuming production and selling again and again, and sales revenue has reached nearly 95% of the comparable level in the past week.

In April 29th, the State Administration of Taxation issued a press conference announces that the first quarter of the year achieved a nationwide tax reduction and reduction of 742 billion 800 million yuan. In 2020, a new tax and fee concession policy to support epidemic prevention and control and economic and social development was introduced in 2020. The new tax reduction fee was reduced by 318 billion 200 million yuan. In 2019, a more large-scale tax reduction and reduction policy was implemented in 2020 to reduce taxes and reduce taxes by 424 billion 600 million yuan.

The reduction of taxes and fees will accelerate the landing. At the same time, the resumption of production will usher in "acceleration". The big data of value added tax invoice show that the national enterprises have been resuming production and selling again and again, and the sales revenue is close to 95% of the comparable level of last year.

Taxes and fees are mostly benefited.

Cai Zili, director of the revenue and planning accounting department of the State Administration of Taxation, said that during the period of the new crown pneumonia outbreak, China has issued a number of preferential tax policies, such as phasing out enterprises' pension, unemployment and work-related injury insurance premiums, reducing the basic medical insurance premiums at a stage, giving tax concessions to small-scale taxpayers with value-added tax, and exemption from VAT of life service industries. Recently, the state has also introduced tax policies such as expanding car consumption, continuing the implementation of Inclusive Finance and preferential policies for the development of the western region.

"Tax concessions are characterized by tight implementation time, more taxes and more benefits." Fu Shulin, a spokesman for the State Administration of Taxation, said that these tax concessions include corporate income tax and value-added tax.

Gong Huiwen, a researcher with the Tax Research Institute of the State Administration of Taxation, said in an interview with the Economic Daily reporters that the series of tax concessions can be applied to different stages. At the early stage of the epidemic, the policy supported the import, production and circulation of the epidemic prevention materials, and then focused on helping the industry enterprises affected by the epidemic.

In the first quarter, the tax revenue collected by the national tax authorities completed 34826 billion yuan (withholding export tax rebate -1.html > > by the above tax reduction policy and the reduction of the tax base. Export tax rebate ), a year-on-year decrease of 16.4%.

"With the macroeconomic regulation and control policy effect constantly emerging, economic and social operation tends to be normal, we expect the tax revenue decline in the two quarter to be narrower than that in the first quarter." Cai Zi Li said.

High tech industry is full of kinetic energy.

Cai Zili introduced that VAT covers the various fields of national economy, and the amount of invoicing of VAT invoices can better reflect the situation of resumption of production and re marketing of enterprises. The State Administration of Taxation uses the large data of VAT invoices and daily statistics of the sales revenue of enterprises to reflect the process of re production and re marketing.

Since the resumption of work in February 10th, the sales revenue of the whole country has been improving from week to year. The first week (from February 10th to 14th) was 20%, at a relatively low level, rising to 62.2% at the end of February, and further increased to 82.3% at the end of March, reaching 94.8% in the past week and gradually approaching the comparable level of last year.

The national manufacturing sales revenue was 99.1% last year, a 21.8 percentage point increase over the end of March, faster than the overall level of 4.3 percentage points. Of the 31 industry categories, there are more than 100% industries in 15 sectors.

High technology industry leads the process of re production and re marketing. The sales revenue of high-tech manufacturing industry is equivalent to 102.6% of the comparable value of last year, of which 110.6% of electronic communication equipment manufacturing, medical equipment manufacturing and information chemicals manufacturing were 110.6%, 122.4% and 105.8% respectively.

During the epidemic period, the demand for home office and online education accelerated the development of the new industry. The sales revenue of residents' telecommunications services, Internet services and digital cultural services were 138.3%, 116% and 105% of the comparable last year.

At the same time, the domestic transport logistics is generally recovering well. The sales volume of transportation logistics industry is 96.6% of the comparable value last year. The sales revenue of road freight industry, which accounts for nearly 50% of transportation and transportation, is 98.7% of the comparable value of last year, which reflects that road freight transport has returned to normal level.

Physical consumption has resumed growth. Supermarket convenience stores, food and beverage, pharmaceutical retail sales revenue were 105.6%, 117.6% and 121.1% last year's comparable caliber.

Take measures to solve enterprise problems

Han Guorong, deputy director of the Tax Service Department of the State Administration of Taxation, said that during the epidemic prevention and control period, the tax authorities launched 54 tax payment service initiatives in 3 batches, vigorously promoting the "non-contact" service, and actively carrying out the "silver tax interaction" activities, effectively improving the convenience of taxpayers and payers in tax payment, helping small and micro enterprises to solve the financing problems.

It is understood that the "contactless" channel becomes the preferred choice for taxpayers to engage in tax related business, and 92.65% of taxpayers conduct business through the Electronic Taxation Bureau. The online handling functions of various tax related items are widely recognized by taxpayers, and the online tax payment satisfaction is 97.3%.

In the first quarter, the tax authorities pushed the list of about 6000000 key supporting enterprises to the bank, and the banking financial institutions issued 750 thousand loans of "silver tax interaction", which accounted for more than half of the 2019 year, and the small and micro enterprises received the loan amount of "silver tax interaction", which amounted to about 180000000000 yuan. The State Administration of Taxation extends the tax filing period in May to May 22nd after extending the tax payment period in February, March and April.

In terms of helping foreign trade enterprises, up to now, nearly 270 thousand export enterprises have handled tax refund (Exemption) by 320 billion yuan, accounting for more than 90% of the total amount of tax refund (Exemption) in the same period. More than 7500 new export enterprises in the country have enjoyed the service bonus of "capacity shortage", and have obtained a refund (Exemption) tax exceeding 3 billion 600 million yuan.

Big data for tax revenue also continue to exert strength. As of April 28th, through matching supply and demand of big data of tax revenue, upstream and downstream manufacturers and enterprises in Hubei were actively butting up, so as to clear up the "blocking point" of purchase and sale, and 5093 cooperation projects have been reached, with a total turnover of 4 billion 640 million yuan.