2020 preferential income tax policies for small and low profit enterprises

2020 Preferential Income Tax Policies for Small and Low-Profit Enterprises (CS 2019 No. 13):

1. 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;

2. 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.

3. The above-mentioned small and low-profit enterprises refer to enterprises engaged in industries that are not restricted or prohibited by the state, and at the same time meet the three conditions of annual taxable income not exceeding 3 million yuan, the number of employees not exceeding 300 people, and the total assets not exceeding 50 million yuan.

The number of employees includes the number of employees who have established labor relations with the enterprise and the number of labor dispatch workers accepted by the enterprise. The so-called indicators of the number of employees and total assets shall be determined according to the quarterly average of the enterprise throughout the year.

The specific calculation formula is as follows:

Quarterly average (beginning of the quarter, end of the quarter) 2

Quarterly averages for the whole year Sum of the quarterly averages for the whole year4

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.

The preferential tax policies for small and low-profit enterprises in 2021 are as follows: the part of the annual taxable income of small and micro enterprises that does not exceed 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%. The part of the annual taxable income exceeding 1 million yuan but not exceeding 3 million yuan 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%.

For high-tech enterprises that need key support from the state, the enterprise income tax will be levied at a reduced rate of 15%. Preferential tax treatment for technologically advanced service enterprises, and enterprise income tax will be levied at a reduced rate of 15% for the identified technologically advanced service enterprises.

Law of the People's Republic of China on the Administration of Tax Collection

Article 3. The levy, suspension of taxation, tax reduction, exemption, tax refund, and tax payment shall be carried out in accordance with the provisions of the law; Where the law authorizes ***, it shall be implemented in accordance with the provisions of the administrative regulations formulated by ***. No organ, unit, or individual may violate the provisions of laws and administrative regulations by making decisions on tax collection, suspending, tax reduction, tax exemption, tax refund, tax compensation, or other decisions that contradict tax laws and administrative regulations.

1. According to 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).

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. ”

2. According to the announcement of the Ministry of Finance and the State Administration of Taxation on the implementation of preferential income tax policies for small and micro enterprises and individual industrial and commercial households (Announcement No. 12 of 2021 of the Ministry of Finance and the State Administration of Taxation):

For the part of the annual taxable income of small and low-profit enterprises not exceeding 1 million yuan, on the basis of the preferential policies stipulated in Article 2 of 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), the enterprise income tax will be reduced by half. ......The implementation period of this announcement is from January 1, 2021 to December 31, 2022. ”

3. 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):

1. Matters related to the policy of halving the income tax of small and low-profit enterprises (1) For the part of the annual taxable income of small and low-profit enterprises not exceeding 1 million yuan, the part of the taxable income of small and low-profit enterprises shall be included in the taxable income and the enterprise income tax shall be paid at a rate of 20%. ......Article 1 of this announcement shall come into force on January 1, 2021 and shall be terminated on December 31, 2022. ”

4. According to the announcement of the Ministry of Finance and the State Administration of Taxation on further implementing the preferential income tax policies for small and micro enterprises (Announcement No. 13 of 2022 of the Ministry of Finance and the State Administration of Taxation):

1. For the part of the annual taxable income of small and low-profit enterprises exceeding 1 million yuan but 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%.

3. The implementation period of this announcement is from January 1, 2022 to December 31, 2024. ”

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.

The preferential tax policies for small and micro enterprises in 2022 are as follows:

1. For value-added tax, if small-scale taxpayers issue general invoices, they are directly exempted, and if special invoices are issued, they are levied at 3%.

2. For enterprise income tax, it will be levied in the range of 1 million, and the part between 1 million and 3 million will be levied at 5%.

3. For shareholders' dividends, this is generated when the company's shareholders pay dividends, or equity transfers, and the company is cancelled, and the company's undistributed profits need to be treated. When the company does not pay dividends for the time being, it does not need to pay.

What kind of enterprise can become a small and micro enterprise?

The standard given by Cai Shui 2019 No. 13 is, that is, the annual taxable income does not exceed 3 million, the number of employees does not exceed 300, the total assets do not exceed 50 million, and of course, the most important thing is to engage in non-restricted and prohibited industries by the state.

And from April 1, 2022, as long as no special invoices are issued, whether ordinary invoices are issued or no invoices are issued, you can declare tax exemption and are not subject to the quarterly 450,000 yuan. To put it simply, the previous policy of 450,000 yuan for a small quarter has been relaxed from April 1, and it is no longer limited to 450,000 tax exemptions. As long as no special ticket is issued within 5 million, it is tax-free, and even if it is a full general ticket within 5 million, it is tax-free.

This preferential tax policy is until the end of 2025: Notice on Further Supporting and Promoting Tax Policies for Entrepreneurship and Employment of Key Groups, Cai Shui 2019 No. 22, supplementary documents are postponed to the end of 2025 and can be traced back. To put it bluntly, it is:

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 Runzheng Tong for details.

The latest preferential tax policies for small and micro enterprises in 2021:

1. VAT reduction and exemption for small and micro enterprises with monthly sales of less than 100,000 yuan;

2. Preferential reduction and exemption of enterprise income tax for small and micro enterprises;

3. For small and micro enterprises, urban maintenance and construction tax, real estate tax, stamp duty and other related taxes can be reduced within the tax range of 50%;

4. The trade union funds of small and micro enterprises in 2020 will be returned in full. The implementation period of the above policies is as follows:

January 1, 2020 to December 31, 2021.

Legal basis: Article 1 of the Notice on the Implementation of the Inclusive Tax Reduction and Exemption Policy for Small and Micro Enterprises, small-scale VAT taxpayers with monthly sales of less than 100,000 yuan (inclusive) are exempt from VAT. Article 2 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%.