Universal tax exemption policy for small and micro enterprises. Small and micro enterprises refer to enterprises engaged in industries that are not restricted or prohibited by the state, with the same conditions of 0,000 yuan, no more than 300 employees and total assets of 50 million yuan.

According to the Notice of the Ministry of Finance of State Taxation Administration of The People's Republic of China on Implementing the Inclusive Tax Relief Policy for Small and Micro Enterprises (Caishui [20 19] 13), the taxable income of small and medium-sized enterprises is reduced by 25 from 20 19 to 1 year. If the annual taxable income exceeds 3 million yuan, the 50% reduction will be included in the taxable income enterprise income tax (equivalent to 10% tax payment).

Second, what is Xiao Wei Puhui?

It is a financial platform. The micro-inclusive finance intelligent service system established by Chongqing Bank can improve the construction of social credit system, optimize the business environment and improve the financing availability of small and micro enterprises by sharing credit information with the National Development and Reform Commission, the tax bureau and other institutions. Especially during the epidemic, we developed channels such as mobile banking and WeChat banking to reach customers, and provided online financial services to help small and micro enterprises resume their work and production.

3. What are the small and micro preferential policies for VAT?

According to the Notice on Implementing the Inclusive Tax Relief Policy for Small and Micro Enterprises and the Announcement of State Taxation Administration of The People's Republic of China City, People's Republic of China (PRC) on the Collection and Management of Small-scale Taxpayers Exempting from VAT Policy,

Small-scale taxpayers engaged in VAT taxable sales activities, and the total monthly sales amount does not exceed 6,543.8+10,000 yuan (if all 654.38+ 0 quarters are 654.38+0 tax periods, the quarterly sales amount does not exceed 300,000 yuan), shall be exempted from VAT.

Small-scale taxpayers engaged in taxable sales of value-added tax, whose total monthly sales amount exceeds 654.38+10,000 yuan, but less than 654.38+10,000 yuan after deducting the sales of real estate in this period, shall be exempted from value-added tax on their sales of goods, services and intangible assets.

Small-scale taxpayers who apply the differential taxation policy of value-added tax shall determine whether they can enjoy the tax exemption policy of value-added tax stipulated in this announcement based on the sales after the difference.

For small-scale taxpayers who pay taxes with a fixed period, the tax payment period can be 1 month or 1 quarter. Once selected, it cannot be changed within a fiscal year.

The execution period is from 20191October1June 2021February 3 1.

4. What does the inclusive benefit of small and micro enterprises mean?

Inclusive small and micro enterprises refer to the inclusive tax reduction and exemption policies given to small and micro enterprises by the state. Small and micro enterprises refer to enterprises engaged in industries that are not restricted or prohibited by the state, and meet the three conditions of annual taxable income not exceeding 3 million yuan, employees not exceeding 300, and total assets not exceeding 50 million yuan.

According to the Notice of the Ministry of Finance of State Taxation Administration of The People's Republic of China on Implementing the Inclusive Tax Relief Policy for Small and Micro Enterprises (Cai Shui [20 19] 13), from 20 19 10 in October to/KLOC-0 in February 20265438. For the part whose annual taxable income exceeds 6,543,800,000 yuan but does not exceed 3,000,000 yuan, it will be included in the taxable income at the reduced rate of 50%, and the enterprise income tax will be paid at the rate of 20% (equivalent to paying taxes at 654.38+00%).