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The new tax law is coming! The authority of the six hot issues responded in this way.

Release time:

2020-08-14

The new tax law is coming! The authoritative departments of the six hot issues responded in this way

The fifth meeting of the 13th National People's Congress Standing Committee 8# June 31 voted and passed the decision on amending the personal income tax law, marking the completion of the seventh overhaul of the tax law.

Why is the "threshold" set at 5000 yuan per month? How much tax can the new tax law reduce for the working class? How exactly can the special additional deduction be deducted? ...... Facing the hot issues of social concern, the General Office of the Standing Committee of the National People's Congress held a press conference in the Great Hall of the People that afternoon, and the relevant persons in charge of the Ministry of Finance and the State Administration of Taxation answered one by one.

Watch 1: The monthly 5000 yuan "threshold" has attracted much attention due to three major considerations

tax basic deduction standard ( is commonly referred to as "threshold" ) . Why is the standard of 5000 yuan per month set?

Vice Minister of Finance Cheng Lihua said that it is mainly based on three considerations:

First, it is determined after taking into account the basic consumption expenditure per capita of urban residents, the average number of people per employee, the consumer price index and other factors. According to the sample survey data of the National Bureau of Statistics, the per capita consumption expenditure borne by urban employees in China in 2017 was about 3900 yuan per month. According to the average annual growth rate of urban residents' consumption expenditure in the past three years, the per capita consumption expenditure in 2018 was about 4200 yuan per month. The basic deduction standard is set at 5000 yuan per month, which not only covers the per capita consumption expenditure, but also reflects a certain forward-looking.

Second, in addition to the basic deduction standard, this amendment has added a number of special additional deductions, expanding the low-grade tax rate range, the majority of taxpayers can enjoy tax reduction dividends to varying degrees, especially the lower-middle income groups benefit more. Based on the factor of raising the basic deduction standard to 5000 yuan per month, the proportion of individual tax payers in urban employment will drop from the current 44% to 15% after the amendment.

Three are two new deductions, one is a special additional deduction for supporting the elderly, and the other is to allow three types of income such as labor remuneration, author's remuneration and royalties to be taxed after deducting the expenses of 20% , which further increases the deduction of expenses for a considerable number of taxpayers.

However, Cheng Lihua said that the "threshold" of 5000 yuan is not fixed and will be dynamically adjusted in the future in combination with deepening the reform of personal income tax and changes in the level of basic consumption expenditure of urban residents.

Point 2: After 10 July 1 , the monthly income below yuan will be reduced by 50% above

. According to the decision, the revised tax law will be implemented from 2019 1 , so that taxpayers can enjoy the tax reduction bonus as soon as possible, starting from 10 April 1 this year, the basic deduction standard for wages and salaries will be raised to 5000 yuan per month, and tax will be calculated according to the new tax rate table. The new tax rate table also applies to business income such as individual industrial and commercial households.

"When paying wages after 10 March 1 , the financial personnel of each enterprise unit must remember when withholding personal income tax, and don't forget to apply the new expense standard and new tax rate table of 5000 yuan." Liu Lijian, chief auditor of the State Administration of Taxation, reminded.

Cheng Lihua said that with the increase of the basic expense standard, the majority of working taxpayers will realize tax reduction to varying degrees, among which the tax burden of taxpayers with monthly income below 2 .02 million yuan can be reduced by more than 50% of . Overall, the tax revenue decreased by 3,200 .6 billion yuan a year 105 the reform. If you consider other deductions, as well as new special additional deductions, the tax burden will be further reduced.

Point 3: Fifty-six percent discount on remuneration income is taxed at

56 yuan

. Why do you decide to increase the deduction of labor income, remuneration income and royalties?

Cheng Lihua said that in the process of reviewing and soliciting opinions on the draft amendment to the tax law, some committee members, experts and the public have put forward suggestions that taxpayers' remuneration and other income should be allowed to deduct related costs and expenses. The revised tax law has adopted the above suggestions and translated the current tax law to allow three types of income, such as remuneration for labor services, remuneration for authors and royalties, to be taxed after deducting 20% of the expenses of

. In other words, the tax is calculated at a 20% discount to the original income.

At the same time, in order to encourage creation, the remuneration income is allowed to deduct 20% of the 124 expenses of

, and a discount of 70% of the 126 of is further given. The two factors are superimposed, and the remuneration income is actually equivalent to the calculation of tax at the discount of 5.6 . "That is to say, the remuneration income of 100 yuan will be calculated and taxed according to 56 yuan, which greatly reduces the tax burden." Cheng Lihua said. Aspect 4: Special Additional Deductions Preliminary Consideration Quota or Limit Standard

Children's Education, Continuing Education, Support for the Elderly... After the amendment, six special additional deductions will be added to the tax law, but according to what standard will be deducted?

According to the authorization of the tax law, the State Council will make specific provisions on the scope, standards and implementation steps of special additional deductions.

Cheng Lihua said that preliminary consideration should be given to setting a certain limit or quota standard for special additional deductions, which should not only ensure that taxpayers can pay taxes conveniently and relevant expenses can be reasonably deducted, but also reflect the fairness of the policy so that the majority of taxpayers can really enjoy the dividends of tax reduction.

"the implementation of special additional deduction is a new attempt, which puts forward higher requirements for taxpayers' tax declaration and tax collection and management by tax authorities." Cheng Lihua said that in order to ensure the smooth implementation of this policy, the Ministry of Finance will combine the existing collection and management conditions and design the relevant system based on the principle of simplifying procedures and facilitating operation.

Point 5: The design of the highest tax rate takes into account the adjustment of income distribution requirements

personal income tax 45%

's highest marginal tax rate has always been one of the focuses.

# Wang Jianfan, Director of the Tax Administration Department of the Ministry of Finance of 158, said that for high-income people, the adjustment has raised the basic deduction standard, increased special additional deductions, and also achieved tax cuts. However, due to the large gap in income distribution in China, the design of the tax rate structure of personal income tax, including the design of the highest marginal tax rate, should take into account the requirements of regulating income distribution.

However, Wang Jianfan said that with the continuous improvement of collection and management and supporting conditions, China will further promote the reform of the personal income tax system combining comprehensive and classification. The comprehensive tax system will take into account the scope of comprehensive taxation, the scope of deduction and the tax rate structure, including the tax rate level.

Point 6: The supporting tax collection and management system should be formulated to let taxpayers "run less roads"

The revised tax law will be implemented soon. How can the tax authorities ensure the smooth implementation of the new tax system? Does self-declaration at the end of the year increase the burden on taxpayers?

Deng Yong, Director of the Income Tax Department of the State Administration of Taxation, said that the new tax law has created six institutional innovations: self-declaration, taxpayer identification number, anti-avoidance provisions, departmental information sharing, departmental collaborative management and tax credit application. The tax department is making every effort to improve the supporting system of collection and management, and at the same time make preparations for collection and management and build a tax service guarantee system.

Liu Lijian said that in order to make it easier for taxpayers to simplify their operations to the greatest extent, the State Administration of Taxation will step up efforts to study and formulate supporting operational measures. Ensure that taxpayers can deduct when they declare, and relevant information and vouchers should not be submitted to the tax authorities

as far as possible; can enjoy prepayment, individuals can provide special additional deduction information to the unit, and the unit will deduct according to the facts when paying wages and withholding personal income tax every month.

Liu Lijian said that even if the withholding and prepayment link is not enjoyed or the deduction is not in place, the tax refund can be applied for in the second year when the final settlement is processed. In addition, the tax department will share third-party information with multiple departments, check the true accuracy of the declared information, minimize the provision of supporting materials by taxpayers, and "let information run more on the Internet and let taxpayers run less on the road". ( article comes from network

)

More information

Spike Health will be identified as "Zhejiang Agricultural Science and Technology Enterprise"

Recently, Jinhua Science and Technology Bureau issued a public notice to identify four enterprises, including Zhejiang Jianfeng Health Technology Co., Ltd., as agricultural science and technology enterprises in Zhejiang Province. According to relevant requirements, agricultural science and technology enterprises in Zhejiang Province must take agricultural products as their main business, and have sound production and operation places, facilities and management systems. Scientific and technological personnel account for more than 15% of the total number of employees of the enterprise, and the annual sales income of the enterprise is more than 5 million yuan (of which the sales income of agricultural science and technology products and technical income account for more than 50% of the total income of the enterprise), presided over the county (city, district) or above science and technology projects, environmental protection to meet the national standards. Since its establishment, Jianfeng Health has attached great importance to the construction of innovation platform and the training of scientific and technological personnel. As of the end of 2016, scientific and technological personnel accounted for 17% of the total number of employees in the enterprise, and 76% of the technical personnel had bachelor's degree or above; the sales revenue of scientific and technological products accounted for about 90%; R & D expenses accounted for 8.9 of the total sales revenue; and undertook 3 scientific and technological projects above counties (cities, districts). After obtaining the honorary title of Jinhua agricultural science and technology enterprise in 2016, peak health applied for the recognition of the provincial agricultural science and technology enterprise. On the basis of the recommendation of the science and technology department of Wucheng District, through the evaluation links such as formal examination, on-the-spot investigation and expert evaluation and defense, Jianfeng Health will finally be awarded the accreditation. It is reported that the Jinhua Municipal Government and the Wucheng District Government will also give certain supporting funds to the enterprises that have obtained the honorary title. (Yang Hao)

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Spike Health will be identified as "Zhejiang Agricultural Science and Technology Enterprise"

2020

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Spike Health will be identified as "Zhejiang Agricultural Science and Technology Enterprise"

2020

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Seize new opportunities for the development of metropolitan areas to make established enterprises glow with new vitality

Zhejiang Jianfeng Group Co., Ltd. is a veteran enterprise in Jinhua. It has a history of 59 years since the first generation of Jianfeng people founded Jinhua cement Plant in 1958. From the initial small cement plant to the current cement, medicine, health products, warehousing and logistics as a supplement, cross-industry, cross-regional comprehensive enterprise group, the peak has embarked on its own development path. In the past two years, affected by the downward pressure on the economy, some companies have fallen into trouble, but the spikes have bucked the trend, and good news has spread frequently. In the past five years, the average annual profit of the peak has exceeded 0.25 billion yuan, and the total profit and tax paid has been 0.827 billion yuan. In the past 2016, operating income 2.379 billion and net profit 0.285 billion, creating the best result in peak history. The net profit in the first quarter report of 2017 was 0.112 billion yuan, setting a new quarterly record. Under the background of "walking in the forefront and jointly building Jinhua", this year, the Jinhua Municipal Party Committee and the Municipal Government proposed to vigorously promote the "three corridor construction" strategic deployment of comprehensive transportation corridors, Jinyichuang corridors, and Zhejiang ecological corridors. It has drawn a new blueprint for Jinhua's future economic and social development. In the face of new opportunities, Jiang Xiaomeng, chairman of Jianfeng Group, said that as the fourth largest metropolitan area in the province, the construction of Jinhua's "three corridors" will certainly have a positive and far-reaching impact on the trend of related industries and the positioning of enterprises in central Zhejiang. The majority of business operators and businessmen should actively participate in the new wave of reform and development, and seriously think about how to combine the construction needs of the "three corridors", give play to play to the enterprise itself, so as to catch the "big car" of Jinhua's economic development, in promoting the local

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Zhang Yiwen, deputy director of the provincial science and technology department, visited the peak

News from our newspaper On July 17, Zhang Yiwen, deputy director of the Zhejiang Provincial Department of Science and Technology, and his entourage visited Jianfeng Group and had a discussion with leaders of group companies such as Jiang Xiaomeng and Yu Jianhong. Jiang Xiaomeng, chairman of the group company, introduced to Deputy Director Zhang Yiwen the development, business status, industrial structure adjustment, product innovation and research and development of Jianfeng Group in recent years from the cement, medicine and health sectors. Huang Jinlong, deputy general manager of the group company and general manager of the pharmaceutical company, emphatically introduced the industrial layout, scientific research level, innovative development direction, achievements, and research projects of the pharmaceutical company. The two sides also exchanged views on information docking, innovation project support, industrialization projects and other related issues. Deputy Director Zhang Yiwen fully affirmed Jianfeng's work in recent years. He said that since Jianfeng's old cement industry has moved to other provinces in recent years, he has paid less attention to it. He did not expect to do so well now. What is particularly gratifying is that Jianfeng pays attention to the investment in technological innovation while developing, and clarifies the development direction of "making the enterprise bigger and stronger". It is a listed company that allows shareholders to rest assured. (Reporter Ni Yingzhen)

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Plant Waste Reuse Industry Technology Innovation Strategic Alliance Established Tianjin Jianfeng Natural Products Company as Chairman Unit Led Formation

News from our newspaper On July 13, the first council of the "Plant Waste Reuse Industry Technology Innovation Strategic Alliance" with Tianjin Jianfeng Natural Products Company as the chairman unit was grandly held in Tianjin, marking the formal establishment of the alliance. In order to cope with the new challenges brought about by economic transformation and upgrading, in recent years, Tianjin Economic and Technological Development Zone has continuously adjusted its industrial structure, actively introduced innovation carriers and resources, cultivated new growth points, and paid close attention to the support of scientific and technological enterprises. with the goal of cultivating a number of high-growth enterprises with innovative characteristics of the new era, making them the backbone of the economic development of the development zone and even Binhai New area and the main force of innovation and development. In November 2016, the development zone selected 20 science and technology enterprises in the zone as demonstration enterprises for the first time. Tianjin Jianfeng is one of them. With the support of relevant policies of Tianjin Municipal Party Committee and Municipal Government, Tianjin University of Science and Technology, Tianjin Agricultural College, Portuguese Mr. (Tianjin) Technology Co., Ltd., Tianjin Minsheng Biological Engineering Co., Ltd., Tianjin Yibei Red Biotechnology Co., Ltd. and other enterprises and institutions, start to establish the "Plant Waste Reuse Industry Technology Innovation Strategic Alliance" (hereinafter referred to as the "Alliance"), and carry out key technical cooperation research and development of "Plant Waste Reuse" for key health industries, and formulate, revise and promote industrial technology Standards, through the establishment of an open sharing of scientific and technological resources and industrial technology information exchange platform, to promote another new field of green health industry. The convening of the first council of the alliance has received extensive attention from relevant government departments, the media and the industry. Tianjin Science and Technology Commission, Binhai New Area Science and Technology Commission, Tianjin

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