Heavy weight!Finally, the official document of reducing tax burden by half for small and micro enterprises and self-employed enterprises has come out, and enterprises can pay less tax again!
Tax burden of small and micro enterprises and self-employed enterprises will be reduced by half!
The official document of reducing tax burden by half for small and micro enterprises and self-employed enterprises is finally announced by the government!
For small low profit enterprises, the enterprise income tax burden will be reduced
1、 What is the scope of application of preferential tax policies?
From January 1, 2021 to December 31, 2022, On the basis of the current preferential policies, the income tax shall be reduced by half on the part of small-scale enterprises and individual businesses whose annual taxable income does not exceed 1 million yuan.Small and low profit enterprises and individual businesses can enjoy the half reduction policy regardless of the collection method.
2、 What are the procedures for enjoying preferential tax policies?
Small low profit enterprises and individual businesses can enjoy the half reduction policy in advance payment and final settlement of income tax. They can enjoy the policy by filling in the relevant fields of enterprise income tax return form, individual income tax return form and tax reduction and exemption report form without filing.For small low profit enterprises and self-employed businesses that declare through the electronic tax bureau, the tax authorities will automatically provide the pre filling service of this policy in the return and report form (individual income tax only).The tax authorities shall transfer tax according to the amount of tax reduced or remitted for individual businesses with regular fixed amount and simple declaration.
3、 Is there any change in the criteria for small low profit enterprises?
The judgment standard of small and low profit enterprises is still in accordance with the relevant provisions of the announcement of the State Administration of Taxation on issues related to the implementation of the preferential income tax reduction and exemption policy for small and low profit enterprises (No. 2 of 2019). That is to say, small low profit enterprises refer to those enterprises which are engaged in industries not restricted or prohibited by the state, and meet the conditions of annual taxable income no more than 3 million yuan, employees no more than 300 people and total assets no more than 50 million yuan. When paying enterprise income tax in advance, the total assets, number of employees and annual taxable income of small low profit enterprises are temporarily judged according to the situation of the current year up to the end of the current period.
4、 What is the calculation method of the actual income tax payable and tax reduction and exemption for small low profit enterprises?
If the annual taxable income of small and low profit enterprises does not exceed 1 million yuan, and the part that exceeds 1 million yuan but does not exceed 3 million yuan, it shall be included in the taxable income by 12.5% and 50% respectively, and the enterprise income tax shall be paid at the tax rate of 20%.Examples are as follows:
[example 1] according to the judgment, enterprise a meets the conditions of small low profit enterprise.When the enterprise income tax is prepaid in 2021, the corresponding taxable income is 500000 yuan
Actual income tax payable of enterprise a
=50×12.5%×20% = 12500 yuan
=50×25% - 1.25 = 112500 yuan
When the enterprise income tax is prepaid in the second quarter, the corresponding accumulated taxable income is 1.5 million yuan, then
Actual income tax payable of enterprise a = 100×12.5%×20%+（150-100）×50%×20%
5、 How to enjoy preferential policies for individual businesses with multiple business income?
According to the current policy, if a taxpayer obtains business income from two or more places, he / she shall choose to apply for annual consolidated declaration with the competent tax authority of the place where the operation and management is located.If an individual industrial and commercial household obtains business income from two or more places, the annual taxable income of the business income of the individual industrial and commercial household shall be consolidated, and the amount of tax deduction or exemption shall be recalculated, and the excess amount shall be refunded and the deficiency shall be compensated.Examples are as follows:
[example 2] tax payer Zhang runs both individual business a and individual business B, and the annual taxable income is 800000 yuan and 500000 yuan respectively, so Zhang can enjoy the policy of half reduction of individual income tax when filing annual consolidated tax returns, and the taxable income is 1 million yuan.
6、 How to calculate the tax reduction and exemption of individual industrial and commercial households?
In order to enable taxpayers to enjoy the tax policy accurately, the announcement stipulates the calculation formula of tax deduction and exemption:
Tax reduction and exemption = (taxable amount of individual business income with taxable income not exceeding 1 million yuan - tax deduction and exemption of other policies×The portion of taxable income of business income of individual industrial and commercial households not exceeding 1 million yuan ／ taxable income of business income)×（1-50%）
Examples are as follows:
[example 3] if the taxpayer Li manages a self-employed industrial and commercial household C, the annual taxable income is 80000 yuan (the applicable tax rate is 10%, and the quick calculation deduction is 1500 yuan), and he can enjoy the tax deduction or exemption of 2000 yuan under the policy for the disabled
=[（80000×10%-1500）-2000]×(1-50%) = 2250 yuan.
[example 4] tax payer Wu, who runs a self-employed industrial and commercial household D, has an annual taxable income of 1200000 yuan (applicable tax rate of 35%, quick calculation deduction of 65500 yuan), and can enjoy the tax relief of 6000 yuan under the policy for the disabled=
In fact, this calculation rule has been embedded into the information system of the electronic tax bureau. The tax authorities will provide pre filling services for tax returns and report forms for taxpayers. Qualified taxpayers can accurately and truthfully fill in business data, and the system can automatically calculate the amount of tax deduction and exemption.
7、 Can self-employed industrial and commercial households who have paid taxes on their business income this year still enjoy preferential policies?
In order to release tax reduction dividends to taxpayers, individual businesses that have paid taxes on their business income this year can also enjoy tax preferences.The specific measures are as follows: from January 1, 2021 to the release of this announcement, individual industrial and commercial households who have paid the individual income tax of the current year's business income can automatically offset the tax of the following months; if the deduction of the current year cannot be completed, the tax refund can be handled at the time of final settlement;You can also apply directly for refund of tax that should be reduced or remitted.
8、 When individual business applies for issuing freight invoice, does it still levy individual income tax in advance?
According to the current policy, individual businesses need to collect individual income tax in advance when issuing value-added tax invoices for goods transportation.In order to further reduce the individual income tax burden in the process of issuing invoices on behalf of the freight transportation industry and standardize the collection and management of business income, the announcement stipulates that from April 1, 2021, when individual businesses, sole proprietorship enterprises, partnership enterprises and individuals apply for issuing value-added tax invoices for freight transportation industry, the tax authorities will no longer collect individual income tax in advance, but the taxpayers shall declare and pay it by themselves according to law.