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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

The company requires each business segment to formulate medium-and long-term business plans.

According to our newspaper, "if an enterprise wants to develop in the long run, first of all, managers should have a long-term vision." On July 24, when general manager Yu Jianhong deployed the work for the second half of the year at the semi-annual meeting of the group company, he specifically asked all enterprises to formulate specific medium-and long-term business development plans for the next three to five years according to the industrial development trend and the group development strategy. Before making arrangements for the specific key work in the second half of the year, Yu Jianhong emphatically put forward the requirements for each business sector to formulate a business strategy plan for 2016-2018 according to the industry development trend and the group's development strategy. Yu Jianhong pointed out that the current group company's strategic decision-making and strategic development capabilities and efficiency still need to be improved. The publicity, understanding and implementation of the group's development strategy by various companies are not in place. The lack of medium and long-term business planning in each business sector restricts the business of the company. Development, cultivation of core products and profitability, construction of product brands, improvement of business scale and comprehensive strength. Last year, the group company asked the international trading company to formulate three-year work objectives and sign a three-year economic responsibility system with the company's management team. The actual effect shows that this has made the management team's management ideas clearer and more scientific and rational in terms of target setting, work arrangement and business development. For this reason, the group company put forward the requirements for the formulation of medium and long-term development plans for each business sector at this meeting. According to the industry characteristics of each business segment, market environment and other specific circumstances, the company makes requirements for the key content of the development plan of each business segment. For example, the pharmaceutical sector focuses on sales growth targets for key profitable products, product development and

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Compared with the past, a new content has been added in the half year of this year-on the morning of July 24, according to the different industrial sectors of the company, the participating managers were divided into three groups: pharmaceutical industry, cement industry and other industries for special discussion. The theme of the discussion was clear in the meeting notice a week ago: under the current economic situation and industrial environment, how to maintain the improvement of corporate profitability and how to promote better and faster development of enterprises. Jiang Xiaomeng, chairman of the group, and Yu Jianhong, general manager of the group, made guiding speeches in three groups. After the group discussion, the group leaders made a summary report at the conference. Due to the clear theme of the discussion, the management personnel at the meeting were well prepared, and the sparks of ideas collided from time to time during the discussion. Due to the different industrial characteristics and market environment, the communication content of each group also has different emphasis. For example, the pharmaceutical group is most concerned about adjusting marketing strategies, handling the relationship between price and quantity, strengthening technological innovation to improve production efficiency and product quality, and subdividing professional fields to make characteristic markets, etc.; the cement group is more focused on reducing energy consumption, strengthening internal control and management optimization, improving operation efficiency, and extending to upstream and downstream industries; other industry groups have more urgent requirements for clear corporate positioning, strengthening business integration, innovating marketing models, and controlling business risks. But in the final analysis, no matter which aspect the speech focuses on, it finally falls on one point: business operations are facing huge crises and challenges, and they must undergo transformation and upgrading, seek rapid development, and highlight the siege of market competition. Some participants said that due to the correlation between the company's various industries

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The chairman assigned ten "homework questions" to the managers"

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In order to implement the requirements of the higher-level party committee secretary to give in-depth party lectures in enterprises, on July 4, Jiang Xiaomeng, secretary of the party committee and chairman of the group company, gave a special lecture on "two studies and one doing" for party members at Yunnan Jianfeng Cement Company. In the lecture, Jiang Xiaomeng started from the background, overall requirements, learning and education content, and main measures of the "two studies and one doing" activities. He hoped that all party members and cadres would understand "awe, gratitude, humility, and decent", and put forward "What should the current enterprise do" and "How should the enterprise go in the future" and other issues. Jiang Xiaomeng analyzed the future development trend of cement and pharmaceutical industries in detail, emphasized the importance of seizing opportunities, and pointed out that with the homogenization of cement industry becoming more and more serious, if we want to take the road of differentiated brand development, the core of competition is to strengthen self management and maximize the cost, so as to improve the competitive advantage. As far as Yunnan Jianfeng is concerned, it is necessary to continuously improve the level of process technology management and increase the hourly output by increasing inspection efforts. Starting from strengthening the control of raw material procurement, the quality and price should be controlled. By strengthening sales management, vigorously develop direct agents, and strive to maximize the profit per ton; By strengthening equipment maintenance, reduce equipment accidents and further reduce the consumption of machine materials; Make good use of people, while constantly tapping talents and cultivating new people, we will gradually control the total number of workers and improve labor productivity. According to the current situation and the company's development strategy, what should the party members of the peak do? Jiang Xiaomeng asked all the party members and cadres of Yunnan peak to play a good vanguard and exemplary role and take the lead in learning new knowledge, new technology and new experience.

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Cum Military and Civilian Mayor Visits Jinxi Factory

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