On February 14, the meeting of relevant state departments decided that for small and medium-sized enterprises and difficult enterprises, preferential measures for tax reduction and fee reduction should be introduced in the near future.
Increase income tax relief
For small and medium-sized enterprises to purchase equipment and appliances with a value of more than 5 million yuan, the depreciation can be deducted before tax for 3 years, and the depreciation can be halved for 4 years, 5 years and 10 years.
How to understand "new purchase" and "value of 5 million yuan"? We can refer to the preferential policy of one-time deduction for fixed assets below 5 million yuan:
Extend the tax deferral policy for small and medium-sized manufacturing enterprises
The Announcement of the Ministry of Finance of the State Administration of Taxation on Matters Related to the Deferral of The Payment of Partial Taxes and Fees in the Fourth Quarter of 2021 by Small and Medium-sized Enterprises in the Manufacturing Industry (SAT Announcement [2021] No. 30), for small and medium-sized enterprises in the manufacturing industry, the tax in the fourth quarter of 2021 can be postponed to the end of the first quarter of 2022.
The meeting decided that this preferential policy would continue.
Expand the "six taxes and two fees" reduction and reduction policy
Expand the scope of application of the local "six taxes and two fees" reduction and exemption policy to all small and low-profit enterprises and individual industrial and commercial households.
What is "six taxes and two fees"? How much is the reduction? You can refer to Cai Shui [2019] No. 13 Document:
The policy has expired, but it has been determined that it will be extended again.
The original "six taxes and two fees" preferential policy only applies to small-scale taxpayers of value-added tax, and the meeting decided to expand to all small and low-profit enterprises and individual industrial and commercial households.
Note: Criteria for judging small and low-profit enterprises
Relief for enterprises in difficulty
For special difficult industries such as catering, retail, tourism, and transportation and passenger transportation, we will increase support in terms of phased tax reductions and deferrals of some social security premiums, so as to promote stable employment and consumption recovery.
Exemption from VAT
In 2022, public transport services such as buses and long-distance passenger transport, ferries, and taxis will be exempted from VAT.
Note: Public transport services include the following 7 types
Rent reduction, property tax reduction, urban land use tax. For small and micro enterprises and individual industrial and commercial households in the service industry that rent state-owned housing, this year they were listed as a 6-month rent reduction in high-risk areas in the epidemic, and 3 months in other areas.
All localities may give appropriate assistance to small and micro enterprises and individual industrial and commercial households in the service industry that rent non-state-owned housing; for housing owners who have reduced or waived rent, this year's real estate tax and urban land use tax will be reduced or reduced in accordance with regulations.
Source: Finance First Classroom, Tax Lecture Hall, MeiSong TaxAtion, Tax Desk, Finance Manager