Recently, the Ministry of Finance and the State Administration of Taxation recently jointly issued the "Guidelines for Supporting the Development of Preferential Tax Policies for Small and Micro Enterprises and Individual Industrial and Commercial Households" (20), combing and including 50 preferential tax policies that the state has continued, optimized and improved since 2023 to support the development of small and micro enterprises and individual industrial and commercial households. Let's take a look
Among them, for small and micro enterprises, one of the policies is particularly important, that is:
For the part of the annual taxable income of small and low-profit enterprises not exceeding 3 million yuan, it shall be included in the taxable income at a reduced rate of 25%, and the enterprise income tax shall be paid at a rate of 20%. The policy will be implemented until December 31, 2027. ”
1. Enjoy the conditions
If the business is opened or terminated in the middle of the year, the actual business period shall be used as a tax year to determine the above-mentioned relevant indicators.
2. How to enjoy
Small and low-profit enterprises can enjoy the preferential policy of small and low-profit enterprise income tax by filling in the tax return when they prepay and settle the enterprise income tax in the final settlement. Small and low-profit enterprises should accurately fill in the basic information, including the number of employees, total assets, annual taxable income, national restrictions or prohibited industries, etc., and the information system will intelligently pre-fill preferential items for small and low-profit enterprises and automatically calculate the tax reduction and exemption.
Reminder:
1) Small and low-profit enterprises do not distinguish between collection methods, audit collection, and verification collection, and can enjoy the reduction and exemption policy.
2) Small and low-profit enterprises can enjoy the reduction and exemption policy when they pay enterprise income tax in advance and final settlement.
3) If an enterprise has enjoyed the policy of reduction and exemption of small and low-profit enterprise income tax when paying enterprise income tax in advance, and does not meet the conditions of small and low-profit enterprises when paying enterprise income tax in the final settlement, it shall pay enterprise income tax in accordance with the regulations.
Among them, for individual industrial and commercial households, one of the policies is particularly important, that is:
From January 1, 2023 to December 31, 2027, the individual income tax will be reduced by half for the part of the annual taxable income of individual industrial and commercial households not exceeding 2 million yuan. On the basis of enjoying other existing preferential individual income tax policies, individual industrial and commercial households can enjoy this preferential policy in addition. ”
1. Enjoy the conditions
2. When to enjoy it?
3. How to calculate the tax reduction and exemption amount?
4. Precautions
1) Individually-owned businesses can enjoy the half-tax reduction policy when they prepay and settle the individual income tax, and they do not need to file for the record when enjoying the policy, and can enjoy it by filling in the relevant columns of the individual income tax return and the tax reduction and exemption report form.
2) If the tax payable according to Announcement No. 12 has been paid before the issuance of the Announcement, it can apply for tax refund; It can also be automatically deducted from the tax of the following month, and the tax refund will be processed at the time of final settlement if the deduction is not completed in the current year; Those who have been cancelled before the date of Announcement No. 12 will no longer be retroactive.
Reference: China Accounting News, Accounting Theory, Tax Station, etc.