Vehicle tax rate for trucks 2021

Guangzhou, October 14 (Reporter Xu Qingqing) reporter learned from the Guangdong Provincial Department of Finance on the 14th, in order to further support the development of the real economy, after research and evaluation, Guangdong recently issued the "on the continuation of the implementation of the vehicle and ship tax specific applicable tax amount of notice" and "on the continuation of the implementation of the urban land use tax tax standard notice", the vehicle and ship tax and urban land use tax tax standards to extend the period of implementation of the tax standard Until December 31, 2027, the implementation period of vehicle and vessel tax and urban land use tax rates will be extended. The reduced tax rates of the two taxes will continue to be the lowest in the country.

According to the introduction, in 2017, Guangdong successively issued the Notice on Adjusting the Specifically Applicable Tax Amounts of Vehicle Vehicle and Vessel Tax and the Notice on Adjusting the Tax Standard of Urban Land Use Tax, which, within the scope of the national prescribed tax amount or standard, reduced the Guangdong Province's various types of vehicle vehicle and vessel tax to the lowest level of tax corresponding to the statutory tax amount, and through reducing the standard of tax, adjusting the area division , simplifying land grades, etc., to reduce the tax burden of urban land use tax, and the new policy is valid for five years.

Since the implementation of the new tax standard, it has had an obvious effect on reducing the tax burden of the market, especially the tax burden of relevant enterprises. In terms of the amount of reduction and exemption, compared with the pre-adjustment tax standard, from 2018 to 2021, a total of 11.011 billion yuan of vehicle and vessel tax will be reduced and exempted for enterprises and individuals, with an average annual amount of 2.753 billion yuan; 22.274 billion yuan of urban land use tax will be reduced and exempted, with an average annual amount of 5.569 billion yuan. In terms of the magnitude of reduction, the overall reduction of vehicle and vessel tax is about 25%, of which the reduction of trucks, trailers, special operation vehicles and wheeled special machinery vehicles, etc., which are mainly owned by various types of market entities, is more than 80%; and the reduction of urban land use tax is 40%, which, against the background of stabilizing the economy in general, has played an important role in lowering the cost of individual consumption and alleviating the burden on enterprises.

The research results show that since 2018, the reduction of the applicable tax amount for vehicle and vessel tax has not only helped guide green and low-carbon travel to promote green development, but also effectively reduced the cost of enterprises and individuals to boost market consumption confidence. Similarly, the reduced land use tax rate is generally close to the lowest level in the country, which plays a positive role in reducing the cost of land for enterprises, helping enterprises save money for industrial upgrading and expanding production, and guiding the market to invest in the real economy.

In addition, from the point of view of the actual collection of the two taxes, tax cuts have played a role in nurturing the tax source, the two taxes have shown a "first suppressed and then raised" trend, for example, vehicle and vessel tax in 2021 than the standard downward adjustment of the tax revenue in 2017 was also more than 1.45 billion yuan, which reflects the role of the relevant policies to promote automobile consumption. (End)