The provisions of the new policy on trade union funds are as follows: 1. Living allowances paid to individuals from trade union funds are exempt from personal income tax. Living allowance refers to the temporary living allowance paid by the unit from the retained welfare funds or trade union funds to taxpayers or their families who have certain difficulties in normal life for some reason. 2. For small-scale VAT taxpayers, the trade union funds of small and micro enterprises with monthly sales below 6.5438+0.5 million yuan can continue to implement the policy of full refund of trade union funds. Among them, the amount below 1.5 million yuan includes 1.5 million yuan. If 1 quarter is 1 tax period, the quarterly sales amount shall not exceed 450,000 yuan. The conditions for returning the trade union funds are: 1, belonging to small-scale VAT taxpayers with monthly sales of10.5 million yuan (including10.5 million yuan); 2. Small and micro enterprises independently open capital bank accounts, independently conduct financial accounting and establish trade unions.

Legal objectivity:

Article 4 of the Individual Income Tax Law of People's Republic of China (PRC) is exempt from individual income tax: (1) Bonuses in science, education, technology, culture, health, sports, environmental protection, etc. awarded by provincial people's governments, ministries and commissions of the State Council, units of the China People's Liberation Army at or above the corps level, and foreign and international organizations; (2) Interest on government bonds and financial bonds issued by the state; (3) Subsidies and allowances issued in accordance with the unified provisions of the state; (four) welfare funds, pensions and relief funds; (5) Insurance compensation. (6) Demobilized soldiers, demobilization fees and pensions; (7) Resettlement fees, resignation fees, basic pension or retirement fees, resignation fees and retirement living allowances paid to cadres and workers in accordance with the unified provisions of the state; Income of diplomatic representatives in China, consular officials and other personnel in embassies and consulates in China who should be exempted from tax according to relevant laws; (9) Income exempted from tax as stipulated in international conventions and agreements signed by the Government of China; (ten) other tax-free income stipulated by the State Council. The tax exemption provisions in Item 10 of the preceding paragraph shall be reported by the State Council to the NPC Standing Committee for the record.