The Tax Credit for Recruitment Key Groups is an attractive welfare measure designed to encourage companies to hire specific groups of people to solve employment problems and provide financial support to enterprises. The policy aims to promote social stability and economic development, while helping key groups such as the poor, the unemployed and recent graduates to integrate into the labour market.
The advantages of this subsidy policy include:
1.Generous subsidy: 650 yuan per person per month, up to 36 months of a total of 23,400 yuan subsidy, is a considerable additional income for eligible enterprises.
2.The application process is simple: the enterprise only needs to provide the list of qualified personnel, and the ** department will verify and approve it, and the enterprise does not need to operate cumbersomely.
3.Fast arrival: After the application is successful, the funds can be received within 7 days at the earliest (depending on the actual local situation), which is helpful for the capital flow of the enterprise.
4.Economic support: Subsidies can help enterprises reduce some labor costs, thereby improving the profitability of enterprises to a certain extent. However, when it comes to enjoying these perks,
Businesses also need to pay attention to:
1.Eligible Personnel: Ensure that the employees on the list provided meet the policy's priority populations, otherwise it may result in a failed application or follow-up issues.
2.Audits and verifications: Information provided may be verified and audited to ensure its truthfulness and accuracy.
3.Legal compliance: Ensure that enterprises comply with relevant laws and regulations when applying for and enjoying subsidies, and avoid unnecessary legal risks.
From January 1, 2019 to December 31, 2027, as long as you sign a labor contract and pay social insurance, you can enjoy the reduction and exemption of value-added tax, urban maintenance and construction tax, education surcharge, local education surcharge and enterprise income tax year by year according to the standard determined by the actual number of employees in the next 3 years (a total of 36 months).
The annual quota per person is 7,800 yuan. For those who have not completed the 3-year period by December 31, 2027, they can continue to enjoy the 3-year period.
Such subsidy policies provide substantial support to enterprises to a certain extent, but they need to be carefully applied for and used to ensure that policy requirements are met and relevant regulations are complied with.