Affected by this epidemic, a large number of companies have been unable to operate and produce normally, and many companies have been forced to suspend work and production. The economic losses caused are unimaginable. In order to encourage enterprises to actively resume work and production, the state has recently released a series of new fiscal and taxation policies. What are they? Let’s take a look.

1. Extend the deadline for tax declaration

During this epidemic, in order to reduce the burden on taxpayers, the national tax authority issued an announcement to extend the tax declaration period. From the initial extension to February 24, in order to further strengthen the prevention and control of the epidemic, the tax declaration period has now been extended to May 22. For taxpayers who still have difficulties in processing after the extension of the tax declaration deadline on May 22, 2020, taxpayers can continue to apply for further extensions in accordance with the law.

2. Imported materials donated for epidemic prevention and control can be exempted from relevant import value-added tax and consumption tax

During the epidemic period, for individuals or enterprises, medical materials purchased from abroad are used for donations. Donated materials should be directly used for epidemic prevention and control reagents, disinfection items, protective supplies, ambulances, epidemic prevention vehicles, disinfection vehicles, and emergency response Command vehicles or items within the scope of the “Interim Measures for Exemption of Import Tax on Charitable Donations”. Regardless of whether it is an individual or an enterprise, the expenditure involved in the purchase of materials can be exempted from the value-added tax and consumption tax of the corresponding import link.

3. Medical staff and epidemic prevention workers participating in epidemic prevention and control are exempt from personal income tax

During this epidemic, the state has also introduced relevant policies and preferential measures for medical personnel and epidemic prevention workers participating in epidemic prevention and control work, and will issue corresponding temporary work subsidies and bonuses in accordance with the standards set by the government. , And can be exempt from personal income tax.