Under the epidemic situation, Kai'an financial staff must know the new policy


Under the epidemic situation, Kai'an financial staff must know the new policy
 
 
 
 
Under the epidemic situation, the state and local tax authorities issued a number of preferential tax policies to fully support the prevention and control of the epidemic. Our company's financial personnel should timely grasp and make full use of these new tax policies, minimize the impact of the epidemic and actively help the enterprise return to work. Here, we will briefly introduce the relevant policies.
 
(1) novel coronavirus and other departments and other state organs donated by enterprises and individuals through donations to the public welfare social organizations or people's governments at or above the county level shall donate cash and articles for the purpose of coping with the new type of coronavirus infection.
 
(2) novel coronavirus infection items donated by enterprises and individuals directly to hospitals responsible for epidemic prevention and control are allowed to be deducted in full when calculating the taxable income.
 
The donor shall handle the pre tax deduction with the donation acceptance letter issued by the hospital responsible for epidemic prevention and control.
 
Novel coronavirus (3) units and individual businesses will donate products produced or processed or purchased by themselves, through free social organizations and state organs above the county level and their departments, or directly to hospitals responsible for epidemic prevention and control, and donate free money to the epidemic of pneumonia that is used to deal with the new coronavirus infection. They are exempt from VAT, consumption tax, city maintenance and construction tax, and education fees. , local education surcharges. (announcement of the novel coronavirus infection control policy for the prevention and control of new coronavirus infection) issued by the Ministry of finance, Ministry of finance, Announcement No. ninth of the Ministry of finance, 2020
 
2、 From March 1 to May 31, 2020, for small-scale taxpayers of value-added tax in Hubei Province, the taxable sales income with 3% collection rate shall be exempted from value-added tax; the prepaid value-added tax items with 3% pre collection rate shall be applied, and the pre paid value-added tax shall be suspended. In addition to Hubei Province, small-scale VAT taxpayers in other provinces, autonomous regions and municipalities directly under the central government shall apply 3% of taxable sales revenue and 1% of VAT shall be collected at a reduced rate; for prepaid VAT projects that apply 3% of VAT, 1% of VAT shall be collected at a reduced rate. (announcement of the Ministry of Finance and the State Administration of Taxation on supporting the VAT policy of individual industrial and commercial households returning to work)
 
3、 (1) medical personnel and epidemic prevention workers who participate in epidemic prevention and control shall be exempted from individual income tax for temporary work subsidies and bonuses obtained in accordance with the standards prescribed by the government. The standards set by the government include subsidies and bonus standards set by governments at all levels. The temporary work subsidies and bonuses provided by the people's governments at or above the provincial level for the personnel involved in epidemic prevention and control shall be implemented by reference.
 
(2) the novel coronavirus infection, which is issued to individuals for prevention of new coronavirus infection, includes drugs, medical supplies and protective articles, excluding cash, and does not include wages and salaries, and is exempt from personal income tax. (announcement of novel coronavirus infection support for the prevention and control of the personal income tax policy by the Ministry of finance, Ministry of finance, Announcement No. tenth of the Ministry of finance, 2020)
 
4、 Since February 2020, provinces, autonomous regions, municipalities directly under the central government (except Hubei Province) and Xinjiang production and Construction Corps (hereinafter referred to as "the province") can exempt the payment part of three social insurance units of small and medium-sized micro enterprises according to the situation affected by the epidemic and the fund bearing capacity, with the exemption period not exceeding 5 months; for large enterprises and other insured units (excluding organs and institutions), three social insurance units can be exempted The payment part of the insurance company can be collected in half, and the period of reduction shall not exceed 3 months. (Circular of the Ministry of human resources and social security, the Ministry of finance, the State Administration of Taxation on the phased reduction and exemption of social insurance premiums of enterprises, hsbf [2020] No. 11)
 
Under the epidemic situation, our Qi'an financial personnel should learn the latest tax knowledge in time, constantly seek and dig into various favorable tax policies, work with the company and overcome the difficulties together, so as to ensure the stability and farsightedness of the enterprise and contribute financial strength. (Qin Kai, finance department)

Recommended news


Carrying forward the glory of military service, we uphold our spirit of dedication to peace and security.

On June 2, the “Carrying Forward the Glory of Military Service, Ensuring the Well-being of Veteran Soldiers” Care Foundation was officially established at the Qidong Municipal Bureau of Veterans Affairs and the Municipal Charity Federation, under the leadership of Gong Shancong, Deputy General Manager of the Group. The foundation aims to “show care for veterans, alleviate their difficulties, safeguard their health and well-being, and spread warmth throughout society.”


The Group’s Roche Pharmaceutical Project has been awarded the One-Million-Safety-Hours Award.

On June 5, the Roche (Shanghai) Biopharmaceutical Production Base Project (Phase I) held a ceremony to celebrate reaching one million safe man-hours, and the Group was presented with a commemorative trophy.


The Group convened a special meeting of the dedicated task force for major project services.

On the afternoon of May 25, the Group convened a special working meeting on major project services in the 16th-floor conference room, with senior management and all members of the Major Project Management Department in attendance. The meeting was chaired by Zhang Jian, General Manager of the Group.


The Jinshun Branch of the Group organized a project management observation and exchange event.

On May 23, the Jinshun Branch of the Group organized an on-site observation and exchange session on project management. All project managers, frontline supervisors, and relevant personnel from various functional departments of the branch attended the event, while selected managers from China State Construction Engineering Corporation Third Bureau and Xinjiang Production and Construction Corps Construction Engineering Company were invited to participate in the observation and discussion.


Group General Manager Zhang Jian Visits Asahi Kasei (Nantong) to Deepen Cooperation and Exchange

On May 8, Zhang Jian, General Manager of the Group, led a delegation to Asahi Kasei Fine Chemicals (Nantong) Co., Ltd. for a project follow-up visit and exchange meeting, during which they held a symposium with Asahi Kasei General Manager Yuichi Sanro and other senior executives. Cai Ting and Gao Mingmin, Deputy General Managers of the Group, also attended the event.


The Group has won the bid for the Fujian Yuanfu Technology project to produce 3,000 tons per year of high-purity lithium fluoride.

Recently, good news emerged from the southern market: the Group has successfully won the bid for Fujian Yuanfu Technology Co., Ltd.’s 3,000-ton-per-year high-purity lithium fluoride project under an EPC general contracting model, with a total contract value exceeding RMB 40 million.