The effects of multiple tax and fee preferential policies are gradually becoming apparent, driving the economy to continue to recover and improve. Tax and fee preferential policies | economy
CCTV News: The tax and fee preferential policies introduced this year have always been a focus of social attention. The relevant person in charge of the Ministry of Finance introduced the implementation of multiple tax and fee preferential policies at today's press conference and stated that the policy effects are gradually showing and the market response is good.
Since the beginning of this year, the Ministry of Finance has worked together with relevant departments to promote the improvement of tax and fee preferential policies, enhance policy accuracy and targeting, focus on alleviating difficulties for enterprises, and improve policy effectiveness.
Specifically, the policy of increasing the pre tax deduction ratio of R&D expenses for eligible industry enterprises from 75% to 100% will be implemented as a long-term institutional arrangement. Reduce the value-added tax collection rate for small-scale taxpayers to 1%, exempt small-scale taxpayers with monthly sales of 100000 yuan or less from value-added tax, and implement an additional 5% and 10% value-added tax deduction for taxpayers in the production and living service industries, respectively. At the same time, in order to support the development of the new energy vehicle industry and promote automobile consumption, the policy of reducing and exempting the purchase tax on new energy vehicles has been continued and optimized.
Wei Yan, Deputy Director of the Tax Administration Department of the Ministry of Finance: Since the introduction of the above-mentioned policies, we have conscientiously organized and implemented them in conjunction with relevant departments, and promoted the full implementation of various tax and fee preferential policies. The policy effects have gradually become apparent, and the market has responded well. Next, based on the implementation of various policies that have been introduced this year, we will strengthen policy reserves in response to changes in the situation, actively plan targeted and pragmatic tax and fee preferential policies, focus on relieving difficulties for business entities, continuously enhance development momentum, optimize economic structure, and promote sustained economic recovery and improvement.
Ministry of Finance: Extension of New Energy Vehicle Purchase Tax Reduction Policy for 4 Years
At the press conference, relevant officials from the Ministry of Finance introduced the specific content of continuing and optimizing the policy of reducing and exempting the purchase tax on new energy vehicles, and clarified that the policy of reducing and exempting the purchase tax on new energy vehicles will be extended until the end of 2027.
According to the introduction, it is clarified that the policy of reducing and exempting the purchase tax on new energy vehicles will be extended for 4 years, that is, until December 31, 2027. Among them, new energy vehicles purchased between January 1, 2024 and December 31, 2025 are exempt from vehicle purchase tax, with a tax exemption of no more than 30000 yuan per vehicle; Half of the vehicle purchase tax will be levied on new energy vehicles purchased between January 1, 2026 and December 31, 2027, with a tax reduction of no more than 15000 yuan per vehicle.
Wei Yan, Deputy Director of the Taxation Department of the Ministry of Finance: Next, we will closely cooperate with relevant departments to do a good job in policy transformation and ensure a smooth transition. Closely monitor the implementation of policies, strengthen inter departmental collaboration and data sharing mechanisms, ensure the detailed implementation of vehicle purchase tax reduction policies, effectively leverage policy effects, and better serve the high-quality development of the new energy vehicle industry.
