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

Release time:

2020-03-19

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)

Notice of the Ministry of Housing and Urban-Rural Development and Other Departments on Issuing the Plan for the Division of Key Tasks for Implementing the Opinions on Promoting the Sustainable and Healthy Development of the Construction Industry

Three changes and three major events in the current reform and development of the construction industry

Recommended news

2026-01-25

The Group’s Dafeng Port Digital Intelligence Industry 350MW New-Type Fishery-Solar Integrated Project Tackles Challenges Amid Cold Weather.

In the depths of winter, the northern Jiangsu region is swept by biting cold winds and blanketed in ice and snow. Yet nearly a hundred Qian’an employees remain steadfastly stationed at the construction site of the 350 MW next-generation fishery-solar integrated project in Dafeng Port, braving frost and cold to wholeheartedly push forward with the project’s development.

2026-01-20

The group company organized its first specialized training session on export tax rebates.

On January 20, the Group Company organized its first specialized training session on export tax rebates. Representatives from the Head Office Finance Department, Jinrun Finance Department, and relevant project departments attended the event. During the training, members of the Qingtian Technology software team provided detailed explanations covering three key areas: pre-emptive preparations for export tax rebates, practical procedures using Qingtian software, and important considerations for business operations. By combining theoretical review with hands-on demonstrations, the training enabled participants to quickly grasp the critical points of export tax rebate processing.

2026-01-01

New Year’s Greeting

Time flies, and the seasons pass swiftly; as the new year dawns, everything is renewed. As we welcome the arrival of January 1, 2026, I would like to extend my heartfelt gratitude to Party and government leaders at all levels, heads of relevant industry authorities, people from all sectors of society, and our numerous partners who have long shown their care and support for the development of Jiangsu Qian’an. I also extend warm greetings and best wishes to every member of the Qian’an family!

2025-12-31

The Jinrun Branch of the Group held a New Year’s Day team-building activity.

As the New Year’s Day approaches, the Jinrun Branch of the Group has organized a team-building event for all employees to welcome the new year. The event featured a variety of fun activities, including board game competitions, dumpling-making workshops, and cooking demonstrations. The atmosphere was lively and vibrant, with everyone interacting and exchanging ideas amid laughter and joy, thereby strengthening friendships and building mutual trust.

2025-12-30

The construction project of the No. 8 Compliance Zone, undertaken by Dongrun Company of the Group, has been successfully completed.

Recently, the No. 8 Compliance Zone Construction Project for Upgrading and Enhancing Urban Wastewater Treatment in Qidong City—undertaken by Dongrun Company of the Group—successfully passed its completion acceptance after nine months of tackling tough challenges. At the completion site, the project team received banners from the neighborhood committee’s property management and resident representatives, bearing messages such as “Tackling Tough Challenges to Upgrade the Pipeline Network—Separating Rainwater and Sewage for the Benefit of the People” and “Separating Rainwater and Sewage Relieves Residents’ Worries—Precision Work Builds Happiness and Warms Hearts.” These weighty honors represent the highest recognition and the warmest reward for all the builders of Qian’an.

2025-12-30

The Qilong Daya Market Complex Project Received Commendation from the Qidong Municipal Housing and Urban-Rural Development Bureau.

On December 29, the Safety Supervision Station of the Housing and Urban-Rural Development Bureau of Qidong City released the city-wide inspection announcement for the fourth quarter. The Qilong Daya Market Complex project, undertaken by our group company, was commended as one of three exemplary projects.