"Embedded Tax" Helps Jiangsu Textile Industry Recover

"At the most difficult time, the tax department sent a package of tax preferential policies to support enterprises to return to work and production, and the company's labor costs fell all of a sudden." Wang Guohua, the financial director of Jiangsu Donghua Textile Co., Ltd., sighed, "social insurance fee relief alone can save more than 90000 yuan per month, which is equivalent to the state's labor subsidy of more than 1 million yuan this year."

Affected by the epidemic, the textile industry, an important traditional industry of Jianhu in Yancheng, Jiangsu Province, once pressed the "pause key". Due to its high labor intensity and dependence on foreign trade, more than 40 textile enterprises in the county were in trouble at the beginning of returning to work. In order to help textile enterprises to solve their difficulties and enable nearly 10000 employees in the industry to return to work in time, the State Administration of Taxation Jianhu County Taxation Bureau paid close attention to the resumption of textile industry in the county, and launched the "embedded" service mode with the main characteristics of "Bureau leadership package, grid member contract, team package project", which embeds the service of tax department into the enterprise resumption of work In the process of industry recovery, tax reduction, cost reduction and problem-solving were adopted to boost the comprehensive recovery and development of the local textile industry.

"With the professional guidance of the tax expert team, we are more confident and faster to resume production!" with the help of the tax department, Chen Haijiang, the person in charge of Jiangsu PuMei Textile Co., Ltd., turned his worries into joy and renewed his confidence in the recovery of production. At one time, the company's decision-making on how to maintain the company's liquidity was greatly affected by the sudden decline of orders. In order to help enterprises resume production as soon as possible, the local tax authorities, while guiding the tax policies and cashing in the preferential "gift package", actively coordinate with relevant departments to apply for more than 20000 yuan of stable post subsidy for Pumi textile. It is learned that the enterprise has encountered some tax problems in the textile base of Xinjiang, and the tax staff and financial personnel have combed the tax related problems together, conducted on-site guidance and treatment, and accurately served the resumption of work and production of enterprises.

The requirement of yarn storage is high. If the yarn is overstocked in the warehouse for a long time, it will cause the spindle to turn yellow and affect the sales. After the investigation of 50 tons of cotton yarn in Meizhou, the sales team of Changxiang Textile Co., Ltd. was close to the sales of all the enterprises in Changzhou.

Low technological content, short industrial chain, high product homogeneity and small profit margin are the common problems faced by many textile enterprises. In order to improve the market competitiveness of enterprises, the local tax authorities proposed to actively integrate into the first line of enterprises, embed the process of production resumption, and adopt the "one enterprise, one policy" approach to guide enterprises with low technology content to speed up the upgrading and transformation of products, such as nitrile spinning, ring spinning, pure cotton, low count yarn and other products with low added value and rapid market shrinkage, to compact spinning, vortex spinning, chemical fiber blended spinning and high count yarn To shift, speed up the occupation of high value-added high-end markets such as blended textiles.

"With the guidance and help of tax personnel, our company has invested in the research and development of a pure cotton mat with the funds saved. The mat has the characteristics of natural purity, air permeability and refreshing, moisture absorption and moisture discharge. Once put into the market, it has been favored by the market. At present, it has received more than 3 million yuan of orders from Zhejiang, Hubei, Guangdong, Shandong and other places." Tang Binhai, chairman of Jiangsu Yinhai Co., Ltd.