Further Tax Relief for 2022: A phased VAT exemption will be introduced for small-scale taxpayers, priority for input VAT credits

• A phased VAT exemption will be introduced for small-scale taxpayers
• Priority will be given to the refund of excess input VAT credits for small and micro enterprises, as well as taxpayers in manufacturing, scientific research and technical services, ecological environmental protection, electricity and gas, and transportation

Source Orbitax

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