Shanghai Taxation Assists Retired Soldiers in Stabilizing Employment and Entrepreneurship, Promoting the Implementation of "Exclusive" Tax and Fee Preferential Policies for Soldiers | Entrepreneurship | Shanghai
Recently, the Shanghai tax department held a special lecture for retired soldiers at the Logistics Support Brigade of the Shanghai Armed Police Force, providing in-depth interpretation of the tax and fee preferential policies related to entrepreneurship and employment applicable to three groups of people: retired soldiers, military transferred cadres, and military dependents, as well as the tax deductions for retired soldiers' entrepreneurship and enterprises that absorb retired soldiers for employment.
"From January 1, 2019 to December 31, 2023, for self-employed retired soldiers engaged in individual businesses, starting from the month of registering for individual businesses, the actual value-added tax, urban maintenance and construction tax, education surcharge, local education surcharge, and personal income tax that they should pay in the current year will be deducted in sequence at a limit of 14400 yuan per household for three years." In the conference room of the Logistics Support Brigade of the Shanghai Armed Police Force, tax officials introduced a "package of targeted tax preferential policies" to retired soldiers.
In addition to supporting retired soldiers to start their own businesses, the precise implementation of tax and fee preferential policies has also made many enterprises willing to extend an olive branch to retired soldiers. Tian Yi, who previously served in the Aba Detachment of the Sichuan Armed Police Force, joined Runjia Property Services Co., Ltd. through recruitment in 2021 as a senior project manager.
In the view of Xie Liangben, the financial manager of the enterprise, retired soldiers have high comprehensive quality, and the country has tax and fee preferential policies for enterprises to recruit retired soldiers, which makes companies more willing to hire retired soldiers. Xie Liangben introduced that according to the current preferential policies for recruiting retired soldiers for independent employment, enterprises have reduced value-added tax by 48000 yuan in the first half of this year. "Stable employment is an indispensable social responsibility of enterprises. The support of tax and fee preferential policies not only helps to increase the employment rate of retired soldiers, but also brings' real gold and silver 'to the development of enterprises, achieving a win-win situation for both employers and retired soldiers."
"Taking off my military uniform, I have opened a new chapter in my work and life. After working in the company for more than 2 years, I have learned a lot and have a platform to showcase my talents. I am grateful to the government for supporting the employment of our retired soldiers," said Tian Yi.
It is understood that in order to do a good job in supporting the entrepreneurship and employment of retired soldiers, the Shanghai tax department has set up a column on the official website titled "Tax Preferential Policies for Supporting Independent Employment and Entrepreneurship of Retired Soldiers", which details and displays the preferential content, scope of application, required materials, and relevant basis. In addition, based on summarizing the experience and practices of serving retired soldiers in entrepreneurship and employment in the early stage, the tax department takes the opportunity of conducting thematic education, insists on investigation and research, and understands the policy demands of retired soldiers from a "zero distance". Through holding policy lectures, direct communication and feedback, the quality and efficiency of services are further improved.
