Wudang helps residents save tax over 500m yuan from Jan to July

Wudang district in Guiyang, capital of Southwest China's Guizhou province, has helped reduce 589.17 million yuan ($84.08 million) in taxes for its residents from January to July, thanks to the district's commitment to the implementation of several national tax reduction policies. 

The Wudang district taxation bureau is committed to helping reduce taxes for its residents. [Photo/gzwd.gov.cn]

Statistics show that tax payers from the private sector economy have been the main beneficiaries of the tax reduction measures, with the manufacturing industry receiving a major boon from the practice. The tax reduction policies have also stimulated the development projects of small and micro enterprises (SMEs) , with a year-on-year growth of 135.29 percent. 

A leading group specializing in reduction inspections was established to carry out self-examination of the tax reduction policies. Wudang also helped residents learn about relevant policies through a number of means, including WeChat, SMS, LED displays, and training sessions. 

Wudang has consistently made tax reduction a top working priority. In 2018, the district cancelled 41 administrative and institutional charging items, creating tax savings worth a total of 10.95 million yuan. This year, it reduced the charges for each high school student taking the academic level examinations from 13 yuan to 10 yuan. 

Several Wudang district residents handle their tax affairs at the counter in the tax bureau hall. [Photo/gzwd.gov.cn]