In order to encourage investment and expand domestic demand, the state promotes technological progress, industrial restructuring, and changes in economic growth patterns. From January 1, 2009, the VAT reform has been fully implemented to allow companies to purchase value-added tax for machinery and equipment. Deduction.

At present, Pinghu has 5038 VAT general taxpayers. Last year, there were more than 1900 households purchasing machines. The fixed assets investment amounted to 1.88 billion yuan, and the purchase of fixed assets deducted value-added tax was 30.7 million yuan. The implementation of this policy has not only effectively alleviated the capital turnover problem of enterprises but also promoted the renewal of corporate equipment and technology, accelerated the pace of technological transformation and product upgrading of enterprises, and led to the development of regional economy.

The VAT deduction policy can avoid duplication of taxation on the purchase of business equipment, which is conducive to encouraging investment and expanding domestic demand. According to the International Model Association Secretary-General Luo Baihui, since the VAT transition reform, the Pinghu National Tax has made full use of portal websites, SMS, QQ groups, and on-site services to publicize taxpayers' policies on fixed assets deduction. In the past three years, Pinghu City enterprises have applied for fixed assets deductions and input taxes of more than 900 million yuan, and taxpayers enjoying preferential VAT policies account for more than 30% of the total number of households. Luo Baihui believes that this policy has not only eased the company's funding gap, but also accelerated the pace of corporate transformation and upgrading. For example, he said that Japan's Daiichi Shibaura (Zhejiang) Co., Ltd. purchased a total of 130 million yuan worth of machinery and equipment last year. It mainly purchased equipment for production and operations such as presses, injection molding machines, coiling machines and stamping dies. The company reduced the cost burden of more than 20 million yuan.

Recently, the financial staff of Pinghu Tianxiao New Material Co., Ltd. quickly generated a fixed asset input tax credit of RMB 330,000 in February after applying for input tax on fixed assets. It is reported that the company is mainly engaged in the research and development of new building materials and research on energy-saving and environment-friendly materials. Every year it has to purchase new machines for R&D. The capital needs are very large. Deducting the input tax for fixed assets can save the company several million yuan each year. Expenditure.

Seizing policy opportunities and benefitting from this are far from Tianshao New Materials. “Because of the VAT credits of machinery and equipment, last year the state sent 'more than 2 million yuan' to our company.” The head of Zhejiang Yazhong Machinery Co., Ltd. said that last year, the total investment of the company exceeded 100 million yuan and 15 CNC machines were purchased. Gantry milling boring machine, this year's output value is expected to reach 200 million yuan. The Pinghu Liangjie Bag Factory, Jiaxing Tianhe Garment Co., Ltd. and other companies have all purchased equipment since the beginning of this year and are ready to “arm their own arm” and then go for a ride in the market.