"Real Gold And Silver" Policy Empowers Textile Enterprises

This year, affected by the epidemic situation, textile enterprises are faced with the plight of a substantial reduction in orders, and the stable development of enterprises is facing greater pressure. In addition to the self-help of textile enterprises, Taizhou tax department of Jiangsu Province has fully implemented the policies of national tax preference and periodic reduction and exemption of enterprise social security fee. The "real gold and silver" tax preference has continuously injected new vitality into the development of textile industry. While stabilizing the employment of textile enterprises, it has warmed people's hearts, and made textile enterprises regain their confidence in weaving a better prospect.

Affected by the epidemic situation, the sales of Taizhou Changxin textile (Xinghua) Co., Ltd. in the first half of this year decreased by 46.8% over the same period of the same period last year, which was in a "downturn stage". In the face of difficulties in the development of enterprises, the policy assistance of the tax department provides a driving force for enterprises to resume work and production. "The Commissioner for tax business took the initiative to help enterprises sort out the tax policies that they could enjoy. In the first half of this year, the company could enjoy various tax concessions of 240000 yuan, social security fee deduction of 842500 yuan and medical insurance fee deduction of 186500 yuan from February to June. The reduced taxes and fees eased the development pressure of enterprises." Wang Yong, financial director of Taizhou Changxin textile (Xinghua) Co., Ltd., said, "although we have missed the spring sales season, we believe that with the help of tax incentives, the" spring "of textile industry will come and the beautiful weaving prospect will finally come true."

Like Taizhou Changxin textile (Xinghua) Co., Ltd., Jingjiang Yujin Silk Clothing Co., Ltd., which is mainly engaged in the production and processing of European and American brand clothing, 90% of foreign trade orders come from the United States. This year, affected by the epidemic situation abroad, the company's orders have been greatly reduced, and the production and operation have encountered unprecedented pressure. "Fortunately, the government has issued a preferential policy of social security fee reduction and exemption. During the epidemic period, the company can pay about 470000 yuan less social security fee every month, which greatly alleviates the financial pressure on enterprise operation." Zhou Baikang, the person in charge of the company, also said frankly, "at present, the company has absorbed nearly 900 local employees, which is a labor-intensive enterprise. With the support of preferential tax policies, the company will continue to accelerate the pace of development, assume more social responsibilities, absorb local labor, and contribute to the national" Rural Revitalization "strategy."

Since the outbreak of the epidemic, Taizhou tax department has established a "tax business commissioner" system to tailor policy guidance programs for enterprises, adhere to the "one enterprise, one policy" and targeted guidance, so as to ensure that taxpayers should enjoy it. At the same time, Taizhou tax department streamlines the tax process, implements the handling of shortage, improves the service quality and efficiency, and creates a better tax business environment for the development of enterprises, so as to further boost the development confidence.

"With the help of the tax bureau, the company can get a tax refund within one day after submitting the application, and the large amount of tax refund has provided impetus for the upgrading and transformation of the company's products." Zhang Zhiwei, the person in charge of Jiangsu Zhangshi Textile Co., Ltd., said: "in 2019, thanks to the export tax rebate of 58 million yuan, the company has successively introduced 50 sets of the most advanced fully automatic intelligent weaving and sewing integrated looms in the world, so that the high-end complex pattern socks can also form the knitting, sewing and turning in place, which improves the scientific and technological content of socks and improves the competitiveness of the products in the international market." At present, the company's products sell well in foreign supermarkets such as metro and Tesco, and is one of the leading enterprises in the knitting and sock industry in Jiangsu Province. "In the first quarter of 2020, the company will enjoy an export tax rebate of 8.28 million yuan. Now, the company has put the reduced tax back into product upgrading and reconstruction, and further expand the company's 3D design center and big data management center." Zhang Zhiwei wrote a product upgrading plan in his book.

Xu zuyue, Secretary of the Party committee and director of Taizhou Taxation Bureau, said that centering on the original intention of stabilizing enterprises and ensuring employment, Taizhou tax department actively played its role in tax functions and made enough "landing articles" of tax preferential policies, which not only injected "capital water" into textile enterprises to overcome difficulties, but also contributed tax power to stimulate development vitality of textile enterprises.