Shaanxi: VAT reform is implemented, and the tax reduction effect highlights
Starting from April 1, the highly-watched VAT tax rate reduction policy has been officially implemented. This round of deepening of value-added tax reform mainly includes reducing the value-added tax rate, reducing the current 16% tax rate in manufacturing and other industries to 13%, reducing the current 10% tax rate in transportation and other industries to 9%, and keeping the first-rate 6% tax rate unchanged.
In addition to the tax rate reduction, this value-added tax reform also includes several measures such as expanding the scope of input tax deduction, retained tax refund , and additional deduction, including the first time that passenger transport services are included in the input tax deduction scope, and the expansion of the retained tax refund to the entire industry. For taxpayers whose main business is postal, telecommunications, modern services and life services, the additional 10% of the input tax amount will be deducted from taxable amount .
As of April 8, more than 250,000 ordinary value-added tax invoices in Shaanxi Province were issued, about 78,000 special value-added tax invoices were issued, and more than 1.27 million ordinary value-added tax invoices were issued. In order to ensure that taxpayers can issue invoices smoothly, the Shaanxi Provincial Taxation Bureau contacted the tax control service unit in advance to ensure that all guarantee measures, personnel responsibilities and technical support are put into office, ensuring that taxpayers using tax control servers and electronic invoice service platform operating units complete the invoice system upgrade before March 28. At the same time, we will promptly carry out joint commissioning, testing and launching the VAT declaration function of the Golden Tax Phase III system to ensure that taxpayers can "can invoices", "can invoices" and "easy invoices".
Pang Junfeng, Finance Minister of Baoji Branch of Shaanxi Fast Automobile Transmission Group Co., Ltd., said, "Tax reduction and fee reduction are a 'high-quality cake' given to enterprises by the state. In this value-added tax reform, the company will reduce and exempt all taxes by 25.05 million yuan. We will take advantage of the policy to accelerate transformation and development."
In order to ensure that taxpayers know as much as they should, and enjoy as they should, the tax department of Shaanxi Province promotes and provides comprehensive guidance through multi-channel and comprehensive guidance. Through channels such as the Electronic Taxation Bureau, Tax Service Hall, 12366 Tax Service Hotline, "Two Micros and One End", WeChat Work Group, etc., we will do a good job in publicity and interpretation and guidance on the new policies to help taxpayers grasp and enjoy the policies in a timely manner.
In addition, the Shaanxi Provincial Taxation Bureau has also added a "Special Post to Deepen Value-Added Tax Reform Issues" in the Tax Service Hall, selected business backbones to be on duty, implemented the first-question responsibility system, opened up tax-related consultation channels, established a tax-operated experience room, and guided taxpayers to declare.
In the tax service hall of Longxian , Chen Mingke, general manager of Longxian Xuri Advertising Media Co., Ltd., carefully inquired about this year's tax reduction and fee reduction policies, especially the new tax policy for small-scale value-added tax taxpayers, said with emotion: "This year, the country's series of tax reduction and fee reduction policies for small and micro enterprises are like a 'timely rain'. Last year, our company's average quarterly income was around 230,000 yuan, and the annual VAT and surcharges were paid more than 40,000 yuan. According to this preferential policy, our company's value-added tax and two surcharges will be all reduced this year, effectively reducing the burden on enterprises and stimulating the development vitality of small and micro enterprises."
The adjustment of the VAT tax rate will not only bring benefits to related industries, but will also be transmitted from the industrial chain to other industries and industries through the market price mechanism, thereby allowing related industries and industries as well as employees and consumers to gain benefits.
The National Development and Reform Commission recently announced that due to the adjustment of the value-added tax rate, the highest retail prices of domestic automobile and diesel have been reduced by 225 yuan and 200 yuan per ton respectively. The Xi'an Development and Reform Commission also previously announced that due to the adjustment of the price of natural gas benchmark gate stations in Shaanxi Province and the price of pipeline transportation within the province, the price of natural gas distribution in Xi'an has also been adjusted simultaneously, and the sales price has been reduced by 0.02 yuan/cubic meter. Starting from April 1, the first-order gas price of residents' gas will be 2.05 yuan/cubic meter. The sales price of automotive natural gas in Xi'an was simultaneously reduced by 0.02 yuan/cubic meter, from 3.15 yuan/cubic meter to 3.13 yuan/cubic meter.
According to Xi'an Customs, based on the static calculation of the value of imported goods in 2018, the implementation of this new value-added tax policy will reduce the value-added tax by approximately 600 million yuan for import enterprises in our province this year.In addition, in accordance with the current cross-border e-commerce retail import tax policy, consumers purchase goods through cross-border e-commerce retail imports, and the tariff rate is 0% within the personal purchase limit, and the value-added tax and consumption tax in the import link are levied at 70% of the statutory taxable amount. The value-added tax rate for cross-border e-commerce retail imports was simultaneously lowered. Based on the static calculation of the value of imported goods in 2018, after the implementation of the policy, it is expected that the tax burden on consumers in our province will be reduced by about 3.8 million yuan this year.
"Tax reduction and fee reduction, no service attitude reduction, no service standards reduction, this is a solemn commitment by Shaanxi Taxation to implement tax reduction and fee reduction. We will continue to streamline burden reduction and accelerate efficiency from the perspective of maximizing the convenience of taxpayers and payers, and provide universal convenience for the implementation of tax reduction and fee reduction." Xi Qiwan, Secretary of the Party Committee and Deputy Director of Shaanxi Provincial Taxation Bureau, said.
