1. Since January 1, 221, the proportion of R&D expenses plus deduction of manufacturing enterprises has increased from 75% to 1%; Every time an enterprise invests 1 million yuan in R&D expenses, it can deduct 2 million yuan from the taxable income;
2. Reform the accounting method of R&D expenses plus deduction and settlement. Enterprises can choose to enjoy the plus deduction for half a year, and the R&D expenses in the first half of the year can be deducted when they are paid in advance in October of that year;
3. If the R&D expenses are included in the current profits and losses and no intangible assets are formed, it is allowed to directly deduct the taxable income of the current year according to 5% of the actual amount of R&D expenses incurred in the current year;
4. If the R&D expenses form intangible assets, they shall be amortized before tax according to 15% of the cost of the intangible assets.
Preferential tax policies for R&D expenses:
1. Definition: When an enterprise conducts R&D activities, its R&D expenses can be added and deducted before tax according to the specified proportion to reduce the taxable income;
2. Applicable object: It is applicable to enterprises established according to law and engaged in R&D activities in China (including foreign-invested enterprises registered overseas and operating in China);
3. Deduction ratio: In general, the deduction ratio of R&D expenses is 1% to 2%, that is, on the basis of the actual R&D expenses, the corresponding proportion of expenses can be deducted when calculating the taxable income;
4. expenses range: including personnel salary, direct materials, trial production expenses, design expenses, commissioned external R&D expenses and other expenses directly related to R&D projects;
5. Policy basis: relevant preferential tax policy documents issued by State Taxation Administration of The People's Republic of China and other departments, as well as the Enterprise Income Tax Law and other laws and regulations.
to sum up, since 221, the policy of adding and deducting R&D expenses of manufacturing enterprises has been significantly optimized, including increasing the deduction ratio to 1%, reforming the semi-annual prepayment deduction method, allowing R&D expenses without intangible assets to be deducted by 5% of taxable income, and amortizing R&D expenses with intangible assets by 15% before tax, aiming at encouraging enterprises to increase R&D investment and promoting technological innovation and industrial upgrading.
Legal basis:
Announcement on Further Improving the Pre-tax Plus Deduction Policy for R&D Expenses
Article 1
If the R&D expenses actually incurred by manufacturing enterprises in R&D activities do not form intangible assets and are included in the current profits and losses, on the basis of the actual deduction according to regulations, 1% of the actual amount will be added and deducted before tax from January 1, 221; Where intangible assets are formed, they shall be amortized before tax according to 2% of the cost of intangible assets from January 1, 221. The manufacturing enterprises mentioned in this article refer to enterprises whose main business is manufacturing and whose main business income accounts for more than 5% of the total income in the year when they enjoy preferential treatment. The scope of manufacturing industry is determined according to the National Economic Industry Classification (GB/T4574-217). If the relevant state departments update the National Economic Industry Classification, its provisions shall prevail. Total income shall be implemented in accordance with Article 6 of the Enterprise Income Tax Law.