Extra number! Extra number! New policies to reduce the burden on small and micro enterprises are here!

19th of the month，Premier Li Keqiang chaired an executive meeting of the State Council，Decided to launch another batch of inclusive tax reduction measures for small and micro enterprises；At the same time, it is planned to speed up the issuance and make good use of local government special bonds.，Support the construction of projects under construction and projects that make up for shortcomings and drive the expansion of consumption。The meeting proposed 5 specific measures to reduce the burden on small and micro enterprises，The implementation period is tentatively scheduled for three years，It is estimated that the burden on small and micro enterprises can be reduced by approximately 200 billion yuan each year.。

Its annual taxable income does not exceed 1 million yuan、100The portion from RMB 10,000 to RMB 3 million，25% mortgage reduction respectively、50%Included in taxable income，Reduce tax burden to 5% and 10%。This preferential policy will cover more than 95% of taxpayers，98% of them are private enterprises。one、Main content of the meeting：

1. For those that have been authorized by the National People’s Congress and issued in advance
2. 39Trillion-yuan local debt issuance must start as soon as possible。

Promptly determine the full-year special debt allocation plan，Strive to basically complete the issuance before the end of September；2.Give better play to the important role of special bonds in stabilizing investment and promoting consumption.。

Funds raised from special bonds should be used first for projects under construction，Prevent "half-baked" projects，Support major planned projects and resolve arrears in government project payments, etc.；

1. Monetary and credit policies should be coordinated with special bond issuance and project supporting financing，Guide financial institutions to strengthen financial services，Ensure follow-up financing for major projects；
2. Standardize special debt management，Implement repayment responsibilities，Strictly control local government hidden debts。

two、Expand the scope of tax preferential policies：

1. Enterprises that originally enjoyed 50% tax reduction，A 25% reduction can be included in the taxable income；
2. Those whose annual taxable income is between RMB 1 million and RMB 3 million can enjoy a half tax reduction.；
3. Mainly including small and micro enterprises、Individual businesses and other individual small-scale taxpayers，Raise the value-added tax threshold from monthly sales of 30,000 yuan to 100,000 yuan；
4. Expand the scope of preferential policies for investing in start-up technology companies，Allow venture capital companies and individual angel investors who invest in such companies to have more tax incentives。

three、local preferential measures：

1. Provinces (districts) are allowed to、Municipal) government’s requirements for small-scale VAT taxpayers，Resource tax reduction within 50% range、urban maintenance and construction tax、stamp duty、urban land use tax、Local taxes such as farmland occupation tax and education surcharges, etc.；
2. Make up for the local financial gap caused by tax cuts and fee reductions，The central government will increase general transfer payments to local governments。

Data from the State Administration of Taxation shows，2025first three quarters，Supporting the development of small and micro enterprises, preferential tax policies have reduced taxes by a total of 143.7 billion yuan.，year-on-year growth

1. 3%，in，3.88 million small and low-profit enterprises enjoy the 50% reduction in corporate income tax，Tax cuts exceed 43 billion yuan，year-on-year growth
2. 8%。

Expectations for tax cuts and fee reductions are increasing，Most small and micro businesses will benefit from tax and fee reduction policies，The economic situation is more complex、When employment pressure is high，These measures will help stabilize business operations、Guaranteeing employment has a very positive effect。This State Council executive meeting emphasized that，It is necessary to better utilize the important role of special bonds in stabilizing investment and promoting consumption.。

Funds raised from special bonds should be used first for projects under construction，Prevent "half-baked" projects，Support major planned projects and resolve arrears in government project payments, etc.。Start a batch of transportation projects as soon as possible in places with construction conditions、water conservancy、Ecological and environmental protection and other major projects，Form physical workload as soon as possible。Places that do not currently have the conditions should also promptly carry out preliminary work such as preparing materials.。

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