增值税留抵退税，有何变与不变

Core Viewpoint - The Ministry of Finance and the State Taxation Administration of China announced adjustments to the value-added tax (VAT) refund policy, emphasizing full monthly refunds for certain industries starting from September 2025, while maintaining conditions for other sectors [1][2]. Group 1: Policy Adjustments - The new policy will implement full monthly refunds for the manufacturing, scientific research and technical services, software and information technology services, and ecological protection and environmental governance industries [1]. - Other industries will have specific conditions and ratios for VAT refunds, indicating a tailored approach to different sectors [1][2]. Group 2: Conditions for Refunds - To qualify for VAT refunds, most taxpayers must have a continuous end-of-period tax credit greater than zero for six months, with the new increase in tax credits in the sixth month compared to the previous year not less than 500,000 yuan [2]. - The policy aims to reduce management costs for both taxpayers and tax authorities while allowing unrefunded tax credits to be carried forward to the next period [2]. Group 3: Flexibility and Fairness - Taxpayers will have the option to choose between the VAT refund or immediate collection policies, with a restriction that once chosen, the option cannot be changed for 36 months [2]. - This design provides taxpayers with more choices based on their operational realities, enhancing risk management and maintaining policy fairness [2].