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Analysis on Equipment and equipment income tax deduction policy for small, medium and micro enterprises

Released Date: Mar 18,2022 Article Source: HUANZE
As the epidemic continues, the country continues to increase tax incentives for micro, small and medium-sized enterprises in order to recover the economy and encourage employment. Recently, the State Administration of Taxation of the Ministry of Finance issued the "Announcement on the pre-tax deduction of equipment and equipment income tax for small, medium and micro enterprises". Today, we will analyze the preferential policies of this policy for enterprises.

As the epidemic continues, the country continues to increase tax incentives for micro, small and medium-sized enterprises in order to recover the economy and encourage employment. Recently, the State Administration of Taxation of the Ministry of Finance issued the "Announcement on the pre-tax deduction of equipment and equipment income tax for small, medium and micro enterprises". Today, we will analyze the preferential policies of this policy for enterprises.

The announcement said: small, medium and micro enterprises in2022years1month1sunrise2022years12month31The unit value of the equipment and appliances newly purchased during the period is500If it is more than RMB 10,000 yuan, it shall voluntarily choose to deduct it from the enterprise income tax before tax according to a certain proportion of the unit value. Among them, the minimum depreciation life stipulated in the implementation regulations of the enterprise Income Tax Law is3Years of equipment and appliances, unit value100%Can be deducted in the current year one-time pre-tax; The minimum depreciation life is4Year,5Year,10Years, unit value50%Can be deducted in the current year one-time tax, the rest50%Calculate depreciation in the remaining year as required for pre-tax deductions.

Enterprises choose to apply the above policy in the year of insufficient deduction of the formation of losses, can be in the future5Enterprises that enjoy other policies to extend the period of carrying forward losses can carry forward losses in accordance with the current provisions.

For example:AThe company is a small and micro enterprise, in2022years3month10Purchased a production machine and equipment, unit value600Ten thousand (excluding VAT), press10Annual straight-line depreciation, that's2022How much is deductible from corporate income tax?

The amount of depreciation in the current year=600/10/12*9=45Wan, the policy before the introduction of the equipment pre-tax deduction amount is45Wan, after the policy is introduced, the equipment can be deducted in one time before tax as follows:600*50%=300Ten thousand. Before and after the policy comparison, the enterprise can deduct more300-45=255Ten thousand.

Enterprises can voluntarily choose the most favorable way of pre-tax deduction according to the operating conditions of the current year, so as to save taxes reasonably.

Policy rationale: Ministry of Finance Announcement of the State Administration of Taxation2022Annual regulation12No.

Analysis on Equipment and equipment income tax deduction policy for small, medium and micro enterprises

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