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Enterprises Reduce Burdens And Play "Combined Boxing" To Help Enterprises Reduce Costs.

2015/12/22 19:53:00 151

EnterpriseCostTax

In December 21st, the central economic work conference closed. Reducing the burden of enterprises was listed as the five major tasks of next year's economic work. It was proposed that we should carry out the action of reducing the cost of real economy enterprises and play the "combined boxing".

This was followed by the meeting of the Political Bureau of the Central Committee in December 14th. After reducing the cost of institutional paction and the burden of enterprises' taxes and fees, the Central Committee once again set a tone for enterprises to reduce their burdens.

Wang Yongjun, Dean of the Institute of Finance and economics of Central University of Finance and Economics, told reporters that "tax reduction is an important means to enhance the vitality of enterprises, especially for small and medium-sized enterprises.

In addition to lowering taxes, the government still needs to reduce the non tax expenditure of enterprises, especially for some government priced infrastructure. We must break vested interests to really reduce production costs for enterprises.

Xin Guobin, Vice Minister of the Ministry of industry and commerce, said at the launching ceremony of the fourth national publicity week on lightening corporate burdens in October this year.

The central economic work conference put forward that we should reduce institutional paction costs and further standardize intermediary services.

We should reduce the burden of enterprises' taxes and fees, further charge the taxes and fees, clean up all kinds of unreasonable fees, and create a fair price.

Tax burden environment

Study on reducing the value-added tax rate of manufacturing industry.

To reduce social insurance premiums, we should study and streamline the "five risks and one gold".

Combing reporters found that the current small and medium-sized enterprises need to pay income tax, value-added tax, business tax, turnover tax, stamp duty, deed tax and so on more than 20 kinds of taxes.

Tengtai, President of the Huambo Economic Research Institute, said that from the micro level, the average tax burden of Chinese enterprises is about 40%, which is 10 percentage points higher than the average level of developing countries.

Based on this, the recent policy proposals on structural tax cuts have increased.

Wang Yongjun, Dean of the Institute of Finance and economics of Central University of Finance and Economics, told reporters: "tax reduction is an important means to enhance the vitality of enterprises, especially for small and medium-sized enterprises.

At present, the government has trillions of financial funds idle in bank accounts, so the government has much more room to cut taxes for businesses.

The meeting suggested that enterprises should be reduced.

Financial cost

The financial sector should create a policy environment for normalizing interest rates and make profits for the real economy.

We should reduce the price of electricity, promote the marketization of electricity prices, and improve the linkage mechanism of coal and electricity prices.

We should reduce the logistics cost and push forward the reform of the circulation system.

In addition to the complicated administrative charges, Wang Yongjun told reporters that the high cost of enterprises is due to the high cost of production.

He told reporters, for example, "a big cost faced by enterprises is logistics costs.

Our country

Logistics cost

All over the world, they are relatively high.

The key reason is that some local governments have overcharged the infrastructure such as highways, and some road fees have already recovered their costs, but they continue to charge.

If the vested interest is not broken, the cost of enterprises will be hard to reduce. "

In addition to the tax burden, Wang Yongjun said that enterprises actually need to pay a lot of non tax costs.

Wang Yongjun said, "the original enterprise payment project is complicated, and there are some phenomena of arbitrary charging in some places.

Once an enterprise has dealings with government departments, it will face all kinds of administrative examination and approval and expenses, which in fact will lead to institutional paction costs and increase the burden on enterprises.

Wang Yongjun said: "the key to breaking this phenomenon is to set up a list of charges and eliminate arbitrary charges outside the list."

Reporters noted that in view of the above situation, this year, the relevant ministries and commissions have issued documents for enterprises to reduce burdens.

Among them, the Ministry of Finance and other ministries and commissions issued the notice on carrying out the special clean-up and standardizing work concerning enterprises' charges, calling for the cancellation and reduction of a number of charges involving enterprises, effectively reducing the burden on enterprises, and containing all kinds of arbitrary charges, and calling for the establishment of a charge list management system for those who need to pay fees.


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