Preferential income tax policies for small and low profit enterprises

In order to further support the development of small and low-profit enterprises, the Notice of the Ministry of Finance and the State Administration of Taxation on Issues Concerning the Preferential Income Tax Policies for Small and Low-Profit Enterprises (Cai Shui [2014] No. 34) further stipulates the preferential policies for small and low-profit enterprises: from January 1, 2014 to December 31, 2016, for small and low-profit enterprises with an annual taxable income of less than 100,000 yuan (including 100,000 yuan), their income shall be included in the taxable income at a reduced rate of 50%, and 20% The tax rate is subject to corporate income tax.

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Conditions for small and low-profit enterprises:

Qualified small and low-profit enterprises refer to enterprises engaged in industries that are not restricted or prohibited by the state and meet the following conditions:

1. For industrial enterprises, the annual taxable income shall not exceed 300,000 yuan, the number of employees shall not exceed 100, and the total assets shall not exceed 30 million yuan;

2. For other enterprises, the annual taxable income shall not exceed 300,000 yuan, the number of employees shall not exceed 80, and the total assets shall not exceed 10 million.

Legal analysis: Small and micro enterprises enjoy the following preferential tax policies: 1. The labor services provided by individuals with disabilities to the society can be exempted from business tax upon approval.

2. For the disabled, orphaned elderly and martyrs who are engaged in the production and operation income and labor remuneration of individual industrial and commercial households, they shall be given a reduction of 50%-90% of the individual income tax with the approval of the municipal and county local taxation bureaus. 3. If an individual industrial and commercial household causes key losses due to serious natural disasters, its production and operation income can be appropriately reduced within 1-3 years after being determined by the municipal and county local taxation bureaus. 4. Employees laid off from state-owned enterprises engaged in individual industrial and commercial operations and cottage industries can be exempted from individual income tax for one year upon examination and approval by the local taxation department.

Laid-off workers of urban collective enterprises may be implemented mutatis mutandis.

Legal basis: Article 15 of the Law of the People's Republic of China on the Administration of Tax Collection and Collection Article 15 Enterprises, branches established by enterprises in other places, places engaged in production and business operations, individual industrial and commercial households and public institutions engaged in production and business operations (hereinafter referred to as taxpayers engaged in production and business operations) shall, within 30 days from the date of obtaining the business license, apply to the tax authorities for tax registration with the relevant certificates. The tax authorities shall register and issue the tax registration certificate on the day of receipt of the declaration.

The administrative organs for industry and commerce shall regularly report to the tax authorities the status of registration and issuance of business licenses. The scope and methods for tax registration by taxpayers other than those provided for in the first paragraph of this Article and withholding tax registration by withholding agents shall be prescribed by ***.

According to the announcement of the State Administration of Taxation on issues related to the implementation of the inclusive income tax reduction and exemption policy for small and low-profit enterprises (Announcement No. 2 of 2019 of the State Administration of Taxation), from January 1, 2019 to December 31, 2021, the part of the annual taxable income of small and low-profit enterprises not exceeding 1 million yuan will be included in the taxable income at a reduced rate of 25%, and the enterprise income tax will be paid at a rate of 20%;

For the part of the annual taxable income exceeding 1 million yuan but not exceeding 3 million yuan, it shall be included in the taxable income at a reduced rate of 50%, and the enterprise income tax shall be paid at the rate of 20%.

According to the announcement of the State Administration of Taxation on matters related to the implementation of preferential income tax policies for the development of small and low-profit enterprises and individual industrial and commercial households (Announcement No. 8 of 2021 of the State Administration of Taxation), the part of the annual taxable income of small and low-profit enterprises not exceeding 1 million yuan shall be included in the taxable income at a reduced rate and the enterprise income tax shall be paid at a rate of 20%.

It will come into force on January 1, 2021 and will terminate on December 31, 2022.

According to the announcement of the State Administration of Taxation of the Ministry of Finance on further implementing the preferential income tax policies for small and micro enterprises (Announcement No. 13 of 2022 of the State Administration of Taxation of the Ministry of Finance), the part of the annual taxable income of small and low-profit enterprises exceeding 1 million yuan but not exceeding 3 million yuan will 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 implementation period of this announcement is from January 1, 2022 to December 31, 2024.

Legal Analysis:1Small and low-profit enterprises that meet the conditions of prudence shall be subject to corporate income tax at a reduced rate of 20%.

High-tech enterprises that need to be supported by the state shall be subject to enterprise income tax at a reduced rate of 15. 2.For the part of the annual taxable income of small and low-profit enterprises not exceeding 1 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 the rate of 20%; For the part of the annual taxable income exceeding 1 million yuan but not exceeding 3 million yuan, it shall be included in the taxable income at a reduced rate of 50%, and the enterprise income tax shall be paid at the rate of 20%.

Legal basis: Article 28 of the Enterprise Income Tax Law of the People's Republic of China on Prudent and Lenient Enterprises shall be subject to enterprise income tax at a reduced rate of 20%. High-tech enterprises that need to be supported by the state shall be subject to income tax at a reduced rate of 15.

The notice of the Ministry of Finance and the State Administration of Taxation on the implementation of the inclusive tax reduction and exemption policy for small and micro enterprises (CS 2019 No. 13) stipulates: "2. For the part of the annual taxable income of small and low-profit enterprises not exceeding 1 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 the rate of 20%; For the part of the annual taxable income exceeding 1 million yuan but not exceeding 3 million yuan, it shall be included in the taxable income at a reduced rate of 50%, and the enterprise income tax shall be paid at the rate of 20%. 6. The implementation period of this notice is from January 1, 2019 to December 31, 2021.

The relevant policy notice is as follows:

1. From January 1, 2011 to December 31, 2011, for small and low-profit enterprises with an annual taxable income of less than 30,000 yuan (including 30,000 yuan), their income shall be included in the taxable income tax at a reduced rate of 50%, and the enterprise income tax shall be paid at a rate of 20%.

2. The term "small and low-profit enterprises" mentioned in this notice refers to small and low-profit enterprises that comply with the provisions of the "Enterprise Income Tax Law of the People's Republic of China" and its implementation regulations and relevant tax policies.

Finance Departments (Bureaus), State Taxation Bureaus, Local Taxation Bureaus of all provinces, autonomous regions, municipalities directly under the Central Government, and cities specifically designated in the state plan, and the Finance Bureau of the Xinjiang Production and Construction Corps

In order to further support the development of small and low-profit enterprises, with the approval of the United States, the income tax policy for small and low-profit enterprises is hereby notified as follows:

1. From January 1, 2014 to December 31, 2016, for small and low-profit enterprises with annual taxable income less than 100,000 yuan (including 100,000 yuan), their income shall be included in the taxable income at a reduced rate of 50%, and the enterprise income tax shall be paid at a rate of 20%.

2. The term "small and low-profit enterprises" mentioned in this notice refers to small and low-profit enterprises that comply with the provisions of the "Enterprise Income Tax Law of the People's Republic of China" and its implementation regulations and relevant tax policies.

1.If the actual profit amount is paid in advance, and the cumulative actual profit of the current year does not exceed 1 million yuan at the time of prepayment, the tax policy can be reduced by half;

2.If the tax is paid in advance according to the average amount of taxable income in the previous tax year, the tax policy can be reduced by half when the tax is paid in advance.

1) Enterprises that levy the taxable income rate of the approved taxable income. If it is a qualified small and low-profit enterprise in the previous tax year, and the cumulative taxable income of the current year does not exceed 1 million yuan at the time of prepayment, it can enjoy the tax reduction policy by half.

2) Assess the amount of income tax payable by the enterprise. If it is necessary to reduce the fixed amount according to the provisions of the halving tax policy, the in-charge taxation authorities shall adjust it in accordance with the procedures and collect it in accordance with the original measures.

3) Enterprises that do not meet the conditions of small and low-profit enterprises in the previous tax year and are expected to meet the requirements in the current year, and the cumulative actual profit or cumulative taxable income of the current year does not exceed 1 million yuan at the time of prepayment, can enjoy the tax reduction policy by half.

Legal analysis: preferential enterprise income tax reduction and exemption for small and low-profit enterprises: the part of the annual taxable income of small and low-profit enterprises not exceeding 1 million yuan will 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%; For the part of the annual taxable income exceeding 1 million yuan but not exceeding 3 million yuan, it shall be included in the taxable income at a reduced rate of 50%, and the enterprise income tax shall be paid at the rate of 20%.

Legal basis: Article 7 of the Enterprise Income Tax Law of the People's Republic of China The following income in the total income is non-taxable income

1) Financial allocation;

2) Administrative fees and charges collected in accordance with the law and included in financial management;

3) Other non-taxable income as specified in ***.

At present, there is a preferential tax policy "Notice on Further Supporting and Promoting Tax Policies for Entrepreneurship and Employment of Key Groups" Cai Shui 2019 No. 22, and the supplementary document is postponed to the end of 2025 and can be traced back. To put it bluntly, if there are poor people employed in the company, they can enjoy a tax deduction of 650 yuan per person month on the basis of social security (which is a major benefit to labor-intensive enterprises, and there are more poor people).

At present, Alipay can help enterprises enjoy the above preferential policies (Alipay homepage or WeChat applet search: Run Zhengtong) in the click - tax incentives, specific policies and process methods can go to Run Zhengtong for details.

1. If a small low-profit enterprise that implements audit and collection meets the conditions of a small low-profit enterprise in the previous year and the taxable income of the previous year does not exceed 200,000 yuan (including 200,000 yuan), if the prepayment method is prepaid according to the actual profit, and the cumulative actual profit does not exceed 200,000 yuan, it can enjoy the preferential policy of small and low-profit enterprise income tax; If it exceeds 200,000 yuan, it shall stop enjoying the half-tax policy. If the enterprise income tax is prepaid according to the quarterly (or monthly) average of the taxable income of the previous year, it can enjoy the tax reduction policy of half for small and low-profit enterprises. 2. For small and low-profit enterprises that are subject to verification and collection, there are two ways: fixed rate taxation and fixed amount taxation.

1) Small and micro enterprises that adopt the fixed rate taxation method, if they meet the conditions of small and low-profit enterprises in the previous year, and the taxable income of the previous year does not exceed 200,000 yuan (including 200,000 yuan), and the cumulative taxable income does not exceed 200,000 yuan when the enterprise income tax is paid in advance in the current year, they can enjoy preferential policies; If it exceeds 200,000 yuan, it does not enjoy the half-tax policy. (2) For small and micro enterprises that adopt the fixed amount taxation method, the local competent tax authorities shall reduce the quota accordingly in accordance with the new preferential policy provisions, and continue to adopt the fixed amount taxation method.

Article 2 of the Notice on the Implementation of the Inclusive Tax Reduction and Exemption Policy for Small and Micro Enterprises.

For the part of the annual taxable income of small and low-profit enterprises not exceeding 1 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 the rate of 20%; For the part of the annual taxable income exceeding 1 million yuan but not exceeding 3 million yuan, it shall be included in the taxable income at a reduced rate of 50%, and the enterprise income tax shall be paid at the rate of 20%. Spike disadvantages.

Preferential enterprise income tax reduction and exemption for small and low-profit enterprises: the part of the annual taxable income of small and low-profit enterprises not exceeding 1 million yuan 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%; For the part of the annual taxable income exceeding 1 million yuan but not exceeding 3 million yuan, it shall be included in the taxable income at a reduced rate of 50%, and the enterprise income tax shall be paid at the rate of 20%.

The preferential policies for corporate income tax for small and micro enterprises are:

1. For small and micro enterprises, the threshold of value-added tax has been increased from the original monthly sales of 100,000 yuan to 150,000 yuan, and the monthly sales of less than 150,000 yuan are exempt from value-added tax;

2. Half the enterprise income tax; For small and micro enterprises that do not have more than 1 million yuan of taxable income, the enterprise income tax will be reduced by half on the basis of the 5% tax rate;

3. Deferred repayment of principal and interest; The state has deferred the repayment of principal and interest on loans to small and micro enterprises, increased the support for inclusive finance for rediscounting and re-lending, extended the policy of incentives and subsidies for financing guarantee fees, and improved the loan risk sharing compensation mechanism.

4. Reduce payment fees. The loans of major commercial banks to small and micro enterprises have increased by more than 30%, and at the same time, the payment fees have been appropriately reduced;

5. Depreciation of fixed assets. For the newly purchased appliances and equipment of small and micro enterprises, the depreciation of equipment and appliances with a unit value of no more than 5 million yuan can no longer be calculated on an annual basis, but is allowed to be included in the current cost and expenses at one time and deducted in the taxable income;

6. Deduction of R&D expenses before tax.

Legal basisArticle 7 of the Enterprise Income Tax Law of the People's Republic of China is non-taxable income in the following income

1) Financial allocation;

2) Administrative fees and charges collected in accordance with the law and included in financial management;

3) Other non-taxable income as specified in ***.