novel coronavirus infected pneumonia quick report
“The newly increased financial resources should sink to the grass-roots level, which are mainly used to implement the policies of helping enterprises to relieve poverty, stabilizing employment and ensuring people’s livelihood, promoting consumption and expanding demand.” “Implement a new combined tax support policy. Adhere to the combination of phased measures and institutional arrangements, and carry out both tax reduction and tax rebate.” “It is estimated that the annual tax rebate and tax reduction is about 2.5 trillion yuan, of which the tax rebate is about 1.5 trillion yuan, and all the tax rebate funds go directly to the enterprises.” This year’s government work report put forward a series of “hard core” policies, which brought good news to enterprises trapped in the “cold winter”.
At present, under the complex situation of century changing situation and century epidemic interwoven, market players, especially small, medium-sized and micro enterprises and individual industrial and commercial households, are facing increasing difficulties. After the two sessions of the National People’s Congress, many places have intensively introduced “big gift bags” to truly solve the difficulties of enterprises.
“The relief loans have alleviated the financial pressure of enterprises”
“I didn’t expect the bank to help us complete the loan approval process in such a short time.” Cai undergraduate, head of Fujian Shishi Wofeng clothing manufacturing Co., Ltd., told scidev.net that he submitted his application after learning that enterprises could apply for rescue loans. China Agricultural Bank Of China Limited(601288) Shishi sub branch staff then quickly docked, completed the credit approval in only four days, and successfully issued a loan of 4.5 million yuan.
Recently, the Fujian Provincial Development and Reform Commission, together with the Fujian Provincial Department of industry and information technology, the Fujian Provincial Department of Finance and other relevant units, issued the action plan for promoting the steady growth of the industrial economy in Fujian Province, which mentioned the establishment of the sixth 10 billion yuan special loan for the relief, increase production and efficiency of small, medium-sized and micro enterprises.
Thanks to the bail-out loan, Wofeng clothing manufacturing Co., Ltd. successfully resumed work and production, and the workers in the workshop were busy making a batch of sportswear. “Affected by the epidemic, the return of funds is blocked, and it is difficult to continue production.” Cai said that under the epidemic situation, the loan was like a timely help, alleviating the financial pressure of enterprises.
In order to help enterprises tide over difficulties, Fujian province continues to “overweight” financial support. On April 12, the Fujian Provincial Department of industry and information technology, together with the Provincial Department of Finance and the provincial local financial supervision and administration, studied and issued the notice on several measures to deal with the impact of the epidemic, promote the rescue and recovery of industrial enterprises, and accelerate the stable growth. It proposed to increase the part of working capital loans for small, medium and micro enterprises in the manufacturing industry seriously affected by the epidemic, and the balance of single household loans does not exceed 10 million yuan, On the basis of the loan interest rate, an interest subsidy of 1 percentage point is given. The interest subsidy funds are arranged from the provincial special funds for industrial and information development, and the total scale of financing loans is 5 billion yuan.
Under the impact of the epidemic, the rupture of enterprise capital chain is a common pain point. In this regard, in addition to financial support, many places also give policy care in reducing enterprise operating costs, so as to reduce the capital pressure of enterprises to the greatest extent.
Not long ago, the state owned assets supervision and Administration Commission of the State Council issued the notice on doing a good job in the rent reduction and exemption of small and micro enterprises and individual industrial and commercial households in the service industry in 2022 (hereinafter referred to as the notice), which requires all central enterprises to reduce the rent for six months of that year for small and micro enterprises and individual industrial and commercial households in the service industry that rent the houses of central enterprises in the county-level administrative areas where the areas listed as medium and high-risk areas are located this year. In an interview with People.Cn Co.Ltd(603000) “strong observation” column, Li Jin, a researcher at the state-owned economy center of Jilin University, said that small and micro enterprises and individual industrial and commercial households are under great pressure on working capital under the impact of the epidemic, and the reduction of rent, which accounts for a relatively high proportion of operating costs, can immediately promote enterprises to go light.
In order to reduce the power consumption cost of enterprises during the epidemic prevention and control period, Shandong Province stipulates that some industrial and commercial power users are no longer subject to the power consumption conditions such as “keeping the basic power charge calculation and collection method unchanged within 3 months”, “suspending power consumption for no less than 15 days” and “applying for capacity reduction, suspension, capacity reduction recovery and suspension and resumption of power consumption five working days in advance”, and the acceptance date can be traced back to the date when enterprises are shut down due to the epidemic. As of April 11, 1629 qualified enterprises in Shandong Province have handled business such as changing the calculation and collection method of basic electricity charges and suspending electricity consumption, reducing the burden of basic electricity charges by 33.87 million yuan.
“Tax reduction and fee reduction, such as timely rain, help enterprises revitalize capital flow”
In addition to bail-out loans, tax cuts and fee reductions are also key measures to help enterprises get out of the “cold winter”. This year’s government work report clearly stated that the annual tax rebate and tax reduction is expected to be about 2.5 trillion yuan, of which about 1.5 trillion yuan is reserved for tax rebate, and all tax rebate funds go directly to enterprises. The policy arrangement exceeded expectations, and this measure has become a highlight of the implementation of tax and fee cuts this year.
Last year, Jiangxi Bangtai green biosynthesis Ecological Industrial Park Development Co., Ltd. had a backlog of more than 1.5 million yuan of value-added tax input in equipment introduction and raw material procurement, which was not deducted. In addition, due to the outbreak of covid-19 pneumonia in Nanchang in March this year, the sales business was almost suspended and the capital situation was stretched.
“Just when we were worried, comrades from Sanghai tax office called and told us that we could apply for the refund of the incremental VAT allowance, and help us understand the policies and go through the formalities as soon as possible.” Liao Xiangxiang, the company’s chief financial officer, told scidev.net that he completed the online incremental tax rebate operation in only one day, and received a refund of more than 1.5 million yuan the next day. “I didn’t expect to arrive so soon, which was like a ‘timely rain’, which alleviated our working capital pressure!”
The new policy of value-added tax retention and tax rebate has been implemented since April 1, and it is clear to strengthen the retention and tax rebate for small and micro enterprises and enterprises in six major industries such as manufacturing. On this basis, Ganjiang new area of Jiangxi Province issued 39 “big gift packages” to benefit enterprises, took out “real gold and silver” to help enterprises develop and help enterprises within their jurisdiction deal with the epidemic to the greatest extent.
The person in charge of the policy of Xiajin push to Hangzhou precision Software Co., Ltd. “In addition to the retention tax rebate policy for small and micro enterprises, enterprises also enjoy the preferential policy of ‘six taxes and two fees’. We will apply the tax rebate and tax reduction to product promotion, and strive to open sales channels and tide over the difficulties.” Xia Jiao hopes that the retention tax rebate policy can be used as a continuous policy to continuously help enterprises revitalize the capital flow.
“We will use the tax rebate funds to speed up the R & D, design and production of new energy vehicle parts according to the group’s production plan, so as to timely meet the high growth demand of the market for new energy vehicles.” Lin Yan, financial director of Hangzhou Geely Auto Parts Co., Ltd., said that in addition to the one-time tax rebate received, the enterprise also enjoyed the reduction and exemption of urban land use tax and stamp tax, which greatly reduced the financial burden of the enterprise and increased the liquidity of funds.
On April 14, Hangzhou market supervision bureau issued several opinions on optimizing regulatory service measures to stimulate the entrepreneurial and innovative vitality of market subjects, which clearly took “standardizing enterprise related charges” as the focus of law enforcement inspection, and related policies such as halving the collection of inspection and testing fees of catering and accommodation enterprises by technical institutions involved in the market supervision system will continue until the end of 2023. According to statistics, only since Hangzhou food and Drug Inspection Institute launched five measures to help enterprises return to work and production, it has reduced and exempted the inspection expenses of 7.9272 million yuan for pharmaceutical enterprises, medical device manufacturers and other enterprises. “We hope to expand the reform measures to greater benefits and benefit more market players.” Feng Shilian, deputy director of Hangzhou market supervision bureau, told our reporter.
From tax reduction and fee reduction to financial support; From the introduction of 43 policies by 14 departments to promote the recovery and development of difficult industries in the field of service industry, to increasing financial support for smooth logistics and the stability of industrial chain supply chain… A series of policies have been intensively introduced, focusing on the “urgent need” and “Hope” of enterprise development, adhering to the multiple measures of policies to benefit enterprises, service enterprises and environmental enterprises, eliminating pain points and difficulties and improving the development environment, which has played a positive role in boosting the confidence of market players.
