The period for deferring tax reimbursement in the manufacturing industry has been extended

Manufacturing is the foundation

The meeting pointed out that for the "five taxes and two fees" such as income tax deferred by small and medium-sized enterprises and individual industrial and commercial households in the early stage, the payment of supplementary payments will be postponed for 4 months after the expiration of the period from September 1, involving a tax deferral of 440 billion yuan

Li Xuhong, director of the Institute of Fiscal and Taxation Policy and Application of the National Accounting Institute in Beijing, said that the deferral of taxes and fees is equivalent to the state providing an "interest-free loan" for enterprises, and the introduction of this policy is equivalent to extending the term of "interest-free loans" again, which can effectively reduce the burden on enterprises and "oxygenate", and better help the high-quality development of

In order to further support the development of small and medium-sized enterprises in the manufacturing industry, the State Administration of Taxation and the Ministry of Finance jointly issued the "Announcement of the State Administration of Taxation and the Ministry of Finance on Matters Related to the Continued Deferral of The Payment of Some Taxes and Fees by Small and Medium-sized Enterprises in the Manufacturing Industry" on the 14th, which clarifies that from September 1, 2022, medium-sized manufacturing enterprises that have enjoyed a 50% deferral of tax payment and 100% of manufacturing small and micro enterprises that have deferred the payment of taxes and fees will continue to be extended for 4 months after the expiration of the deferred tax deferral period

"Deferred payment of taxes and fees includes enterprise income tax, personal income tax, domestic value-added tax, domestic consumption tax and the attached urban maintenance and construction tax, education fee surcharge, local education surcharge, excluding withholding and payment, Collection and payment of taxes and fees paid when applying to the tax authorities for invoicing on behalf of the tax authorities

For example, taxpayer A belongs to the manufacturing small and medium-sized micro enterprises stipulated in the previous relevant announcements, and declares and pays the relevant taxes and fees on a monthly basis, and has deferred the payment of the relevant taxes and fees with a period of November 2021 in accordance with the regulations in the previous period, and the deferred payment period is 9 months, and will be paid

According to the relevant person in charge of the State Administration of Taxation, in order to facilitate taxpayers to enjoy the policy, the tax authorities have optimized and upgraded the information system, and small and medium-sized micro and medium-sized enterprises in the manufacturing industry have enjoyed the deferred payment policy in accordance with the regulations, and after the expiration of the deferred payment period, there is no need for taxpayers to operate, and the deferred payment period is automatically extended by 4 months