Preferential policies for the purchase tax of the

2022-08-22
  • Detail

Will the preferential policy of new energy vehicle purchase tax be extended

recently, it was reported from the regular auto production and sales data press conference of China Association of automobile manufacturers (hereinafter referred to as "China Association of automobile manufacturers") that in order to reduce enterprise production costs and speed up the promotion of new energy vehicles, the preferential policy of new energy vehicle purchase tax may be extended to 2025. Xuyanhua, Deputy Secretary General of the China Automobile Association, told that the proposal report had been submitted and the relevant departments were considering it

new energy vehicles still need policy support

in order to encourage the promotion and application of new energy vehicles, the Ministry of finance, the State Administration of Taxation and the Ministry of industry and information technology jointly issued the announcement on Exemption of new energy vehicle purchase tax in August 2014, pointing out that new energy vehicles included in the catalogue of new energy vehicle models exempted from vehicle purchase tax will be exempted from purchase tax, and the deadline is December 31, 2017

randomly asked several consumers who planned to buy new energy vehicles, and they all said that the purchase tax was not a small expenditure, and the exemption of purchase tax was very attractive to them. For example, a domestic car of 100000 yuan (more than 1.6 liters) will be taxed at 10% after excluding value-added tax, and the buyer will need to pay a vehicle purchase tax of 8547 yuan. For most car buyers, the tax burden is not light

"the development of new energy vehicles in China is still in its infancy and still needs policy support." Ye Shengji, Deputy Secretary General of the China Automobile Association, said. The production and sales data of new energy vehicles in the first half of this year confirmed Ye Shengji's statement. The production and sales of pure electric vehicles were 175000 and 160000 respectively, an increase of 30.4% and 26.2% over the same period last year. However, compared with the growth rate of 107.4% and 107.3% in the same period last year, the growth rate of production and sales of new energy vehicles in China has narrowed significantly in the first half of this year, which is not unrelated to the decline of subsidies for new energy vehicles

the subsidy amount of new energy vehicles in 2017 was 20% lower than that in 2016. At the same time, it was clear that the local financial subsidy should not exceed 50% of the central financial single vehicle subsidy. The two subsidies can better prevent accidents. The total subsidy is 44000 yuan lower than the previous maximum. For most consumers, the subsidy decline speed is obviously too fast

Xu Yanhua believes that it is a fact that the subsidy for new energy vehicles has declined year by year. In this case, the cancellation of the preferential purchase tax policy will have a great impact on the market, which will significantly increase the production costs of enterprises, dampen the enthusiasm of consumers to buy cars, and is not conducive to the promotion of new energy vehicles. Xu Yanhua told: "we hope to extend the exemption policy of new energy vehicle purchase tax to 2025, when the cost performance of new energy vehicles will be more competitive than traditional vehicles. Our proposal report has been submitted and relevant departments will consider it."

enterprises hope to extend the exemption period

with the continuous development of new technologies and new materials, the cost of batteries has decreased a lot compared with a few years ago, but under the existing technical conditions, the cost of new energy vehicles is still difficult to reduce significantly. Data shows that batteries account for 40% of the cost of new energy vehicles, which leads to the low cost performance of new energy vehicles when competing with traditional vehicles. Therefore, the new energy vehicle industry still needs policy support

Huang Jian, director of the planning and Development Department of GAC group, said: "at this stage, if there is a wide range of policy tightening, it will not be conducive to the development of the new energy vehicle industry, and may lead to the downfall of the previous efforts of the industry and enterprises. Therefore, it is necessary to extend the exemption period of new energy vehicle purchase tax."

in the case of declining subsidies, the weight of the purchase tax of new energy vehicles is becoming increasingly apparent, which also affects the price of new energy vehicles to a certain extent. Zhangqingping, deputy general manager of BAIC new energy, said, "if several preferential policies disappear at the same time, it is bound to cause the price of new energy vehicles to rebound, which will have a greater inhibitory effect on consumption. Therefore, it is necessary to extend the time of exemption from purchase tax and avoid the negative superposition effect at the same time."

liuminghui, vice president of the technology research and Development Institute of FAW technology center and Minister of new energy, expounded the necessity of extending the exemption from purchase tax from another perspective. He said: "Before 2014, the sales volume of new energy vehicles in China was very small, far from reaching the inflection point of accounting for 1% of the whole industry. In order to strengthen the demonstration and promotion, the state introduced the policy of exemption from the purchase tax of new energy vehicles. At that time, there was no subsidy for new energy vehicles when this policy was brewing. The oil cylinder took into account the decline of the composite seal composed of filled polyvinylidene fluoride and O-ring, so the cut-off point was only the end of 2017. But now Xinneng The subsidy for new energy vehicles is gradually declining. If the preferential purchase tax policy is cancelled at the same time, it is not conducive to the promotion of new energy vehicles. Therefore, it is necessary to consider the continuity of the policy. "

at the annual forum of China electric vehicle hundred people's Congress held in January this year, Wang Chuanfu, chairman of BYD Co., Ltd., also said that the battery cost is expected to fall below 1 yuan per watt hour in 2025. Even so, compared with traditional cars with the same configuration and brand, electric vehicles will still be 20% - 30% more expensive than traditional cars. Therefore, Wang Chuanfu proposed that the reduction and exemption of purchase tax must be extended to 2025, or even 2030, in order to achieve the current market share target set by electric vehicles

there are different voices on the extension of time

the report submitted by the China Automobile Association suggests that the exemption period of purchase tax be extended to 2025. Most industry insiders interviewed hold the same view on this proposal, but there are also different voices

in order to promote new energy vehicles, China has successively issued a number of preferential policies. In addition to the central and local subsidies, there are also regulations such as unlimited travel and purchase. In addition, great support has been given to the construction of charging facilities. Liuminghui said, "new energy vehicles need policy support, but they can't have 'excess nutrition'. A large number of direct or indirect research results show that the analysis and detection system can be used to identify financial subsidies for recycled polypropylene and recycled polyethylene, which will put great pressure on financial funds."

according to the plan, the sales volume of new energy vehicles in China is expected to reach 2million in 2020, accounting for more than 20% of the total sales volume of vehicles by 2025, and the sales volume is expected to reach 7million. According to this calculation, the amount of exemption from purchase tax of new energy vehicles will reach 500 billion to 600 billion yuan, which is not a small financial fund

liuminghui believes that the setting of the extension period of the preferential purchase tax policy should have a standard, that is, to ensure that the new energy vehicle industry can smoothly survive 2018-2019. After 2020, the "parallel management measures for the average fuel consumption of passenger vehicle enterprises and new energy points" (hereinafter referred to as the "double points" policy) will be implemented. In the future, the development of new energy vehicles should also focus on the promotion of the "double points" policy. "The pollution charge imposed by the 'double points' policy on traditional vehicles can be used to subsidize new energy vehicles, which is not only conducive to reducing the financial burden, but also promote the transition of new energy vehicles to the market." Liuminghui said

liuminghui said that the extension of the exemption of purchase tax to 2025 is too long, which is easy to delay the marketization process of new energy vehicles

at the recent regular press conference of automobile production and sales data, the China Automobile Association said that there is no clear timetable for the approval of the proposed extension of purchase tax relief for new energy vehicles to take effect, but there is a great possibility of adoption. At present, the relevant departments of the State Council are studying the package plan for the promotion of new energy vehicles, and expect new energy vehicles to develop better and faster with the support of policies

Copyright © 2011 JIN SHI