Friday, November 25, 2011

35.2 billion new tax law two months October national tax income tax billions

Hua,, Replica Miu Miu Handbags Beijing November 16 (reporters He Yuxin and Cui Qingxin)-16th reporters learned from the Treasury, in October, personal income Replica Miu Miu Handbags tax revenue of 35.237 billion yuan. under the influence of improving wage income minus costs, personal income tax reduction clearly Replica Miu Miu Handbags show this month.  According to reports, from the perspective of per cent this month than in September decreased by $ 9.9 billion Replica Miu Miu Handbags personal income tax, fell 22%. September policy reduction effect has been emerging, personal income tax is less than in August Replica Miu Miu Handbags of $ 3.3 billion. in October, compared with August, corresponding decrease in income to about $ 13 billion. For this, the Ministry Replica Miu Miu Handbags of Finance Bureau Deputy Director Bai Jingming commented, from the perspective of tax data, October tax revenues per cent, have dropped per cent, which indicates that the implementation of the new tax law has the effect of show. specific view, after the implementation of the new tax law, wage-earners on the one hand reduce the taxpayer of, setting up individually owned on the tax burden decreased significantly, this is conducive to low and middle income people
Group the burden, but also conducive to support for the family business.  On June 30 this year, the national people's Congress voted to adopt a decision on amendments to the personal income tax law, wage income minus costs, that is, it is often said that levy, increased from $ 2000 to $ 3,500; 9-excess a progressive rate structure was revised to 7-level and grade difference, also have been adjusted accordingly. revised tax laws come into effect on September 1, 2011.  Ministry of taxation Deputy Director Wang Jianfan described previously, after such an adjustment, and generally reduce taxpayer burden, about 60 million people do not need to pay a tax.  Experts say that for taxpayers, improve the standard of wages and salaries shall be set off against costs means common tariff, adjustment of the rate structure means that some of the tax reduction, implementation of the new tax law would serve as a purpose of effectively reducing the tax burden, and beneficiary groups in addition to lower-income group, also including middle-income groups.

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