In 2022, not only small-scale taxpayers, but also low-profit enterprises and individual businesses are allowed to enjoy the 50% tax rate reduction of urban maintenance and construction tax, property tax, urban land use tax, stamp duty (excluding securities transaction stamp tax), farmland conversion tax and educational fees.
Government to continue to implement the policy of lowering premiums for unemployment insurance and workers' compensation insurance in phases in 2022. Government will continue to implement the policy of stable unemployment insurance refunds for enterprises that do not or do not lay off employees, and increase the rate of refunds for micro, small and medium-sized enterprises from 60% to 90% at most in 2022.
The policy of 3 months’ tax deferral will be extended for another six months. The policy of partial tax deferral for micro, small and medium-sized enterprises in the manufacturing industry that was implemented in the fourth quarter of 2021 will be extended for another six months, including Quarter 1 & 2 2022.
In the road, waterway and railway transport industry, the advance payment of VALUE-ADDED tax by railway transport enterprises will be suspended for one year in 2022. In 2022, VAT will be exempted for passenger ferry, bus passenger transport, subway, urban light rail, taxi, long-distance passenger transport, shuttle bus and other public transport services.
In the civil aviation industry, air transport enterprises will be suspended from paying value-added tax in advance for one year in 2022.