Greater efforts will be made to implement the combined tax reduction and fee reduction measures in due time. Experts predict that the scale is expected to exceed 500 billion yuan-瞭望新时代网

Greater efforts will be made to implement the combined tax reduction and fee reduction measures in due time. Experts predict that the scale is expected to exceed 500 billion yuan

2021-11-19

This year, China has issued a series of tax and fee reduction policies. In the first three quarters, the new tax and fee reduction exceeded 900 billion yuan, far exceeding expectations. Why should we timely introduce greater tax reduction and fee reduction policies? How much room is there for tax reduction and fee reduction? Some experts predicted to the reporter of Securities Daily that the scale of greater combined tax reduction and fee reduction will exceed 500 billion yuan. Tax reduction and fee reduction Bring capital and running water to enterprises Since the beginning of this year, a series of tax reduction and fee reduction policies and measures have reduced the burden on enterprises and enhanced the vitality of market players. As a high-tech small, medium and micro enterprise, Sichuan Chuandong Shengda Electrical Equipment Co., Ltd. enjoys multiple policy dividends such as R & D expense plus deduction and VAT reduction. "In the first three quarters of this year, we also enjoyed the preferential policy of 'the part of the annual taxable income of small low profit enterprises that does not exceed 1 million yuan shall be reduced by 25% and then halved after being included in the taxable income', with a total reduction of 380000 Yuan of enterprise income tax. The tax reduction and fee reduction policy has brought living capital and more motivation for the development of the company." Zheng Qiyong, the person in charge of the company, said. "Small, medium-sized and micro enterprises, which account for more than 95% of the number of market economy subjects, contribute more than 50% of China's taxes, more than 60% of GDP, more than 70% of innovation and more than 80% of employment. They are of great significance to China's economic and social stability and innovative development. Protecting the development of small, medium-sized and micro enterprises is the enthusiasm and driving force for China's economic reform and innovative development." Zhang Yiqun, vice chairman of the performance management committee of the China Institute of finance, told the Securities Daily that in recent years, China has continuously implemented large-scale tax reduction and fee reduction policies, which has greatly reduced the tax burden of enterprises, especially small, medium-sized and micro enterprises. However, under the increasingly complex environment of economic development and structural adjustment, on the one hand, we should actively promote the implementation of tax reduction and fee reduction policies, on the other hand, we should continue to promote the reform of combined institutional tax reduction and fee reduction policies, so as to further release the living space and development vitality of small, medium-sized and micro enterprises. He Daixin, director of the Financial Research Office of the Institute of financial strategy of the Chinese Academy of Social Sciences, told the Securities Daily that the timely implementation of greater combined tax and fee reduction measures is mainly due to the prominent role of tax and fee reduction in stimulating the vitality of market players. During the 13th Five Year Plan period, China's new tax cuts and fee reductions totaled more than 7.6 trillion yuan, significantly reducing the tax burden on enterprises and effectively promoting the supply side structural reform. Meanwhile, after the novel coronavirus pneumonia outbreak, the tax reduction and reduction policy effectively protected the market players, especially small and medium-sized enterprises, and enhanced the operation ability of enterprises. Cui Zhijuan, a professor at Beijing National Institute of accounting, told the Securities Daily that the recurrence of the global epidemic and the occurrence of sporadic point epidemic in China have a certain impact on the stable development of the market. As the main force contributing to employment and taxation, small, medium-sized and micro enterprises are the main driving force for the endogenous development and structural adjustment of the market, but their ability to resist risks is limited. Through greater tax reduction and fee reduction, they can promote the stable development of the market. Combined policy Will exert multiplier effect Turning to the scale of greater tax reduction and fee reduction, Zhang Yiqun predicted that the scale of greater combined tax reduction and fee reduction will exceed 500 billion yuan. He Daixin predicts that the new tax cuts and fee reductions will reach hundreds of billions of yuan. Experts believe that tax reduction and exemption for small, medium-sized and micro enterprises will be the direction of work in the next stage, and efforts need to be made from many aspects. He Daixin suggested that first, continue to reduce the tax burden of enterprises, especially manufacturing enterprises. Second, accelerate the establishment of more special additional deductions for individual income tax. Third, study the adjustment of enterprise social security and medical payment, and simultaneously accelerate the transfer of state-owned capital income and the national overall planning of social security. "Tax reduction and fee reduction mainly focus on 'tax exemption, tax rate reduction and timely tax refund'. The combined tax reduction and fee reduction will play a multiplier effect. On the one hand, the expenses of small, medium-sized and micro enterprises can be reduced through the reduction and exemption of capital, operational and financing expenses. On the other hand, in order to promote the rapid development of small, medium-sized and micro enterprises, the proportion of additional deduction of R & D expenses can be increased and further promoted "We need to promote economic transformation," Cui said. Zhang Yiqun suggested: first, continuously expand the increment of tax reduction and fee reduction to provide good expectations for economic growth; Second, intensify tax reform and stabilize the implementation of tax reduction and fee reduction; Third, increase the pertinence and effectiveness of tax reduction and fee reduction policies, continue to focus on improving the survival and development environment of small, medium-sized and micro enterprises, and focus on promoting and encouraging the innovative development of science and technology-based small, medium-sized and micro enterprises; Fourth, adhere to the principle of giving priority to efficiency and giving consideration to fairness, give full play to the guiding and demonstration effect of tax reduction and fee reduction policies, and greatly stimulate the innovation and creativity of the whole society. (Bao Xingan) (outlook new era)

Edit：Luo yu Responsible editor：Wang xiao jing

Source：Securities Daily

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