Introduction of the two sessions, there are a lot of hot topics, finance and accounting is also a huge change, personal tax starting point increased to 10,000 yuan? Value-added tax rate of 13%, 9%, 6% three and for a 8%, the abolition of ordinary VAT invoices? ...... So what exactly has changed in terms of finance and accounting? Personal tax threshold and VAT changes and how?

Enterprise income tax and personal income tax rate down:

1, the CPPCC Standing Committee, the former Minister of Finance Lou Jiwei on the afternoon of May 23 in the National Committee of the CPPCC in the **** sector panel discussion, suggested that the enterprise income tax should be lowered to 20%, the marginal rate of personal income tax can be reduced from 45% to 33%.

2, the National People's Congress, Gree Electric Appliances Chairman and President Dong Mingzhu said at a live event, this year's two sessions she will continue to focus on the starting point of personal tax, I hope that the country will be raised to 10,000 yuan: "I still hope that the country can raise the starting point again, let go of the hand to him (consumers) to go to the use of."

3, the National People's Congress, Nie Pengju, chairman of Hunan Kelier Motor Group Co., Ltd. suggested: enterprise income tax rate reduced to 17%, high-tech enterprise income tax rate reduced to 13%, for the production of high-precision and replacement of imported products, production equipment expenditures to implement the implementation of enterprise income tax before the addition of a one-time deduction of 150%. Reducing the burden on enterprises, increasing their return on investment, enhancing their willingness to invest, and further optimizing the business environment.

VAT rate changes:

1, National People's Congress, founder and chairman of the board of directors of the Tianming Group, Jiang Ming, in an interview with China Business News, article, the article sets out his "proposal on the reform of the value-added tax system".

2, the tax system should be simplified and consolidated into a single tax rate of 8%

The simplification of the tax rate structure is conducive to the smooth functioning of the value-added chain deduction chain and reflects the principle of tax neutrality.

"It is recommended that the value-added tax adopt a tax rate of 8%, the first two tax rates down, fully reflecting the government's determination to reduce taxes and fees; in addition, the tax rate of 6% mainly in the service industry rose by 2 percentage points. However, the tax burden of such enterprises should not be increased, and the effective tax rate should be reduced by adjusting the credit policy - allowing the service industry to include human resource costs in the input credit. The human resource cost of the general service industry accounts for about 70% to 80% of the operating cost, and if the tax rate of 8% is adopted, the effective tax rate will be only 1.6% to 2.4%."

3. Cancel ordinary invoices

Jiang Ming said that since the VAT system was implemented in 1994, the business tax has been retained until 2016 after the implementation of the full-scale camping reform, the name of the business tax disappeared, but the new "VAT ordinary invoices" as a new small taxpayers who are not entitled to the deductible The "general invoice" has been added as the invoice and tax calculation mode for small-scale taxpayers who cannot enjoy the credit. The "general invoice" is actually sales tax, which is a concrete manifestation of the incomplete reform of VAT and the existence of loopholes in the tax system.

It is proposed to cancel the general invoice of VAT, cancel the special tax system for small-scale taxpayers, and apply a unified tax system for small-scale taxpayers, applying a tax rate of 8 percent, with human resource costs being deductible. See Article 1 for specific programs.

4. Canceling tax fixing by invoice

Jiang Ming said the VAT invoice is the only basis for the tax department to determine the tax of enterprises, but it is totally unable to adapt to the requirements of modern tax management due to high management cost and many disputes. China's electronic tax system was applied earlier and has leading functions.

On this basis, it is entirely possible to realize paperless, networked and big data for tax processing. Firstly, we have such technical means, and secondly, this can be used to completely eliminate the cases of false invoices and put an end to the huge loss of tax revenue due to false invoices. It is recommended that the tax authorities abolish the system of fixing taxes by invoices, and immediately implement the full implementation of tax electronic and networked.

While there are no clear notices and announcements out, but we get the conclusion that the starting point of personal tax and value-added tax certainly changed, as to how to change, or to pay attention to the official dynamics of the timely understanding, after all, and enterprises and individuals are closely related.