Gansu Series Tax Cuts "Red Envelopes" Revitalize The Funds Of Private Enterprises To Help Poor Counties' Economic Development

In recent years, the tax authorities have offered to introduce tax concessions and preferential policies and procedures, and provide guidance for the problems in the company's financial accounting and provide one to one services. Last year, the tax rate was reduced, and the company paid less than 3 million 500 thousand yuan of value-added tax. Actually lowering taxes and reducing burdens will give enterprises a big boost in their confidence. " Ma Xiuxiu, chief financial officer of Gansu Heyuan food Limited by Share Ltd, has a deep interest in lowering the tax rate.


Gansu is located in the northwest, and is a multi-ethnic province. It shows the characteristics of poverty, large scale, deep foundation, poor foundation, poor foundation, many factors of poverty alleviation, and great difficulty in helping the poor. In order to achieve reform and promote poverty alleviation, Gansu's tax system has launched a combination of "universal benefit and orientation", which has generally reduced the general taxpayer's VAT rate, increased the small taxpayer's value-added tax month's tax-free sales standard, and allowed the general taxpayer to register as a small-scale taxpayer.


It is understood that in 2018, a comprehensive deepening of the value-added tax reform has accumulated a total of 3 billion 169 million yuan for the real economy of the province to reduce the value added tax. In 2019, a small scale taxpayer's value-added tax policy, which is exempt from monthly sales of 100 thousand yuan and below (quarterly sales of 300 thousand yuan), will benefit more than 97% of the province's small and micro enterprises.


Gansu Heyuan food Limited by Share Ltd is located in Linxia, one of the "three districts and three states", which is mainly supported by poverty alleviation. The implementation of the tax reduction policy has revitalize local enterprises' capital and lightened the turnover pressure.


Turning to the tax reduction package, Ma Xiuxiu said that the use of the money to expand the recruitment of workers, this year, 35 new jobs. At the same time, the model of "leading enterprises + cooperatives + farming enterprises + farmers" was adopted to develop animal husbandry, which directly led to the development of livestock farming in the surrounding more than 3600 households, to solve the employment of more than 2400 local people, to expand the market for the accurate raising of the poor and to eliminate the worries behind. Due to the long industrial chain and high added value, direct and indirect employment of surrounding personnel has become the "leading sheep" on the road of getting rich for local farmers.


Qingyang cuckoo Machinery Manufacturing Co., Ltd. is located in Zheng Ning County, Qingyang. Its legal representative, Zhang Zheng Hu, said that in 2018, the state reduced the value added tax rate, and the enterprise reduced taxes by more than 3 yuan a year, which ensured normal production and operation. Sales revenue continued to rise steadily. "Tax cuts have increased profits for small businesses, solved the financing difficulties and raised financing, and effectively lightened the burden on enterprises." While doing well in its own development, the enterprise absorbs 75 surplus labor force in the surrounding rural areas throughout the year, of which 14 households are poor.


The development of county economy in Gansu is backward and large industrial projects are lacking. Most of the poverty-stricken counties are small and micro enterprises such as small-scale production, retail, repair enterprises and farmers' professional cooperatives. As the main force to promote the economic development of poor counties, small and micro enterprises are indispensable to tackle poverty.


Gao Tai county of Zhangye is one of the impoverished counties with flower arrangement in Gansu. The implementation of the registration policy has given more choices to local small and micro enterprises and brought new opportunities for development.


Gao Tai county Jinxi red commerce limited liability company mainly engaged in garment processing, cost is a large part of the wage, the deduction project is relatively small, higher tax burden. Luo Xiaoping, head of the company, said that the tax burden will be reduced from 9% last year to 3% when the enterprises are registered as small taxpayers, and the financial cost will also be greatly reduced while the tax burden is reduced. "Small scale taxpayer accounting is simple, for small enterprises lacking financial accounting, the registration policy can greatly save the human resources and financial costs of enterprises, so that enterprises can go to the market lightly and enhance their market competitiveness."


In order to ensure that every taxpayer is at ease, in addition to policy support, every tax cadre in Gansu conducts regular tax guidance and financial accounting special guidance so that taxpayers can enjoy simple and fast tax service.


In January 9, 2019, the Chinese government introduced a number of preferential tax relief measures for small and micro enterprises, raising the tax exempt sales of small-scale taxpayers from 30 thousand yuan to 100 thousand yuan. For small taxpayers in Gansu, including small and micro enterprises and individual businesses, it is another great benefit after harvesting the red envelope of VAT reform.