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2021-05-25
Stimulate the vitality of entities, a new round of cost reduction policies have been implemented one after another
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- Time of issue:2021-05-25
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Stimulate the vitality of entities, a new round of cost reduction policies have been implemented one after another
(Summary description)A few days ago, the National Development and Reform Commission and other four departments have launched a list of 19 cost reductions to clarify the task book for entity companies to reduce costs this year. "Economic Information Daily" reporter learned that at present, from central ministries and commissions to local governments, tax and fee cuts and a package of cost reduction measures for small and micro enterprises and manufacturing companies are being implemented in full swing, and policy dividends are speeding up to reach market players. In the near future, there will be a series of policies to reduce the burden of real enterprises, including the full monthly refund of incremental value-added tax credits for advanced manufacturing enterprises, and more dividends can be expected.
The reporter learned that according to the timetable, a series of cost reduction policies will be implemented in the first half of the year, including full monthly refund of incremental value-added tax credits for advanced manufacturing enterprises; guiding banks to expand credit loans and continue to increase first loans The promotion of loan repayment on demand, so that more funds flow to technological innovation, green development, more to small and micro enterprises, individual industrial and commercial households, new agricultural business entities, and targeted support to industries and enterprises that continue to be affected by the epidemic.
Industry insiders believe that the current implementation of policies is the key, and it is necessary to continuously improve in the process of advancing to ensure that the effects of the policies are in place. At the same time, it is necessary to improve corporate profitability and anti-risk capabilities through reforms.
A few days ago, the National Development and Reform Commission, the Ministry of Industry and Information Technology, the Ministry of Finance, and the People’s Bank of China jointly issued the "Notice on Doing a Good Job in Cost Reduction in 2021" (hereinafter referred to as the "Notice"), clarifying a list of 19 tasks in 8 areas and distributing them The tax reduction package will reduce the cost of financing, labor, energy, land and other factors, as well as institutional transaction costs.
Detailed implementation of various policies is the key. At present, many departments are further formulating and promulgating detailed rules to promote the further implementation of burden reduction dividends. On May 19, the Shanghai Taxation Bureau of the State Administration of Taxation issued a notice on the precise implementation of tax and fee reduction policies in 2021, and made arrangements for the precise implementation of various tax and fee preferential policies and measures.
Recently, the State Administration of Taxation and the All-China Federation of Industry and Commerce jointly issued the "Special Action Plan to Help Small and Micro Enterprises to Develop "Spring Rain and Run Miao" in 2021" to jointly launch a special action to help small and micro enterprises develop "Spring Rain and Run Miao" in 2021.
Since April this year, my country’s new tax and fee reduction measures for small and micro enterprises and manufacturing enterprises have been implemented successively, including the portion of the annual tax income of small and micro enterprises that does not exceed 1 million yuan. On the basis of the current preferential policies, further reductions will be made. Half of the corporate income tax is levied, and the additional deduction ratio for manufacturing enterprises is increased to 100%. The reporter learned that as these policies take root at the grassroots level, many companies enjoy tax cut dividends.
Small and micro enterprises and individual industrial and commercial households are the capillaries of the social economy and are related to the people's livelihood and employment. “As a small construction company, the outbreak of the epidemic has made it difficult for our company’s capital turnover. Fortunately, last year’s corporate income tax deferral policy solved the urgent need. But at the beginning of this year, we had to pay last year’s deferred taxes and To prepare for the first quarter of this year's declaration. While worrying, I received the good news from the tax bureau's policy counseling team that the small and micro enterprise discounts were reduced by half. It was calculated that the new preferential policies have reduced us nearly 200,000 yuan. Corporate income tax, now only needs to pay more than 20,000 yuan.” said Liu Boqiang, the person in charge of the company's finance.
Linxiang Taicheng Logistics Co., Ltd., located in Hunan, is a logistics enterprise engaged in road transportation and information stowage of general goods, with an annual sales income of about 10 million yuan. Zhang Chuanxiong, the person in charge of the company's finance, calculated a detailed account. Only in the first quarter, the company can enjo
- Categories:Industry News
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- Time of issue:2021-05-25
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A few days ago, the National Development and Reform Commission and other four departments have launched a list of 19 cost reductions to clarify the task book for entity companies to reduce costs this year. "Economic Information Daily" reporter learned that at present, from central ministries and commissions to local governments, tax and fee cuts and a package of cost reduction measures for small and micro enterprises and manufacturing companies are being implemented in full swing, and policy dividends are speeding up to reach market players. In the near future, there will be a series of policies to reduce the burden of real enterprises, including the full monthly refund of incremental value-added tax credits for advanced manufacturing enterprises, and more dividends can be expected.
The reporter learned that according to the timetable, a series of cost reduction policies will be implemented in the first half of the year, including full monthly refund of incremental value-added tax credits for advanced manufacturing enterprises; guiding banks to expand credit loans and continue to increase first loans The promotion of loan repayment on demand, so that more funds flow to technological innovation, green development, more to small and micro enterprises, individual industrial and commercial households, new agricultural business entities, and targeted support to industries and enterprises that continue to be affected by the epidemic.
Industry insiders believe that the current implementation of policies is the key, and it is necessary to continuously improve in the process of advancing to ensure that the effects of the policies are in place. At the same time, it is necessary to improve corporate profitability and anti-risk capabilities through reforms.
A few days ago, the National Development and Reform Commission, the Ministry of Industry and Information Technology, the Ministry of Finance, and the People’s Bank of China jointly issued the "Notice on Doing a Good Job in Cost Reduction in 2021" (hereinafter referred to as the "Notice"), clarifying a list of 19 tasks in 8 areas and distributing them The tax reduction package will reduce the cost of financing, labor, energy, land and other factors, as well as institutional transaction costs.
Detailed implementation of various policies is the key. At present, many departments are further formulating and promulgating detailed rules to promote the further implementation of burden reduction dividends. On May 19, the Shanghai Taxation Bureau of the State Administration of Taxation issued a notice on the precise implementation of tax and fee reduction policies in 2021, and made arrangements for the precise implementation of various tax and fee preferential policies and measures.
Recently, the State Administration of Taxation and the All-China Federation of Industry and Commerce jointly issued the "Special Action Plan to Help Small and Micro Enterprises to Develop "Spring Rain and Run Miao" in 2021" to jointly launch a special action to help small and micro enterprises develop "Spring Rain and Run Miao" in 2021.
Since April this year, my country’s new tax and fee reduction measures for small and micro enterprises and manufacturing enterprises have been implemented successively, including the portion of the annual tax income of small and micro enterprises that does not exceed 1 million yuan. On the basis of the current preferential policies, further reductions will be made. Half of the corporate income tax is levied, and the additional deduction ratio for manufacturing enterprises is increased to 100%. The reporter learned that as these policies take root at the grassroots level, many companies enjoy tax cut dividends.
Small and micro enterprises and individual industrial and commercial households are the capillaries of the social economy and are related to the people's livelihood and employment. “As a small construction company, the outbreak of the epidemic has made it difficult for our company’s capital turnover. Fortunately, last year’s corporate income tax deferral policy solved the urgent need. But at the beginning of this year, we had to pay last year’s deferred taxes and To prepare for the first quarter of this year's declaration. While worrying, I received the good news from the tax bureau's policy counseling team that the small and micro enterprise discounts were reduced by half. It was calculated that the new preferential policies have reduced us nearly 200,000 yuan. Corporate income tax, now only needs to pay more than 20,000 yuan.” said Liu Boqiang, the person in charge of the company's finance.
Linxiang Taicheng Logistics Co., Ltd., located in Hunan, is a logistics enterprise engaged in road transportation and information stowage of general goods, with an annual sales income of about 10 million yuan. Zhang Chuanxiong, the person in charge of the company's finance, calculated a detailed account. Only in the first quarter, the company can enjoy the corporate income tax reduction and exemption amount of 86,000 yuan, and the tax reduction "red envelope" has turned into corporate profits.
The development of manufacturing enterprises’ R&D expense deduction policy has attracted much attention from the industry. After the State Administration of Taxation issued further improvements to the pre-tax deduction policy for R&D expenses, Zhu Guoqiang, Chief Financial Officer of Shenghong Technology (Huizhou) Co., Ltd., calculated an account: After enjoying the latest R&D expenses deduction policy this year, it is expected that new corporate income tax will be added. 8.25 million yuan is reduced or exempted.
Reducing the cost of financing, labor, energy, land and other factors is also the focus of this year's cost reduction. A few days ago, the Henan Provincial Development and Reform Commission went to Luohe and other places to supervise the elimination of the special treatment of unreasonable charges in the urban water supply, power supply, gas and heating industry.
The Guizhou Provincial Development and Reform Commission and other eight departments have introduced several policy measures to further reduce logistics costs, including optimizing differentiated charges for certain road sections, and differentiated charges by time periods; for logistics projects that are included in national and provincial special plans, key projects and major projects, they are under construction Provide key guarantees in terms of land use indicators. The "Implementation Opinions on Further Strengthening the Financial Services for Small, Medium and Micro Enterprises in Hainan Province" puts forward 20 policy measures to fully promote financial support for the development of small, medium and micro enterprises.
Luo Zhiheng, deputy dean and chief macro researcher of Yuekai Securities Research Institute, told the reporter of "Economic Information Daily" that a series of cost reduction policies have been implemented successively, which is conducive to reducing corporate costs, releasing water and raising fish, and improving corporate profitability and anti-risk capabilities. , It is also conducive to enterprises to increase investment, encourage enterprise innovation, promote the upgrading of the industrial chain, and promote the construction of a new development pattern.
He pointed out that the most urgent issues at present are two aspects: First, implement detailed policies, lower the threshold for enterprises to enjoy "cost reduction", avoid various forms and declarations, and cannot raise various hidden costs while reducing costs. cost. The second is to properly handle the relationship between government revenue, corporate costs and residents' income.
"The most urgent thing in terms of cost reduction is to maintain the stability and continuity of policies, and insist on the combination of lowering explicit costs and lowering hidden costs." said Sun Chuanwang, a professor at the School of Economics of Xiamen University.
Jiang Zhen, an associate researcher of the Institute of Financial and Economic Strategy of the Chinese Academy of Social Sciences, said in an interview with a reporter from the Economic Information Daily that the "Notice" has made overall plans, all-round, and comprehensively clarified the timetable for reducing costs and burdens for enterprises, which is conducive to more improvement. Well stimulate the vitality of market entities. "At present, better implementation of policies is the key. This is not a matter of a single field or a single department. It must be coordinated and co-governance. In addition, it is necessary to proceed from reality, combine the actual situation of enterprise research, and target the cost of the enterprise. Difficulties and pain points, precise implementation of policies, and at the same time pay attention to continuously assess the status of policy implementation, and continue to improve in the process of advancement to ensure that the policy effects are in place."
Regarding the next step in cost reduction, Luo Zhiheng believes that it is only one aspect to promote the development of physical enterprises through cost reduction, and more importantly, to improve corporate profitability and anti-risk capabilities in the long run through reform. Reform is far more important than phased measures. For example, it is necessary to move back the supervision link by liberalizing market access and strengthening supervision. "Currently, energy consumption costs are high, mainly because market access is not open enough, and costs are naturally reduced under a full competitive environment. Only by deepening reforms in multiple fields can we reduce business operating costs for a long time and improve economic operating efficiency."
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