What are the contents of the new policy on purchase tax for new energy vehicles in 2021?
2 Answers
The new policy on purchase tax for new energy vehicles in 2021 mainly includes the following contents: 1. Exemption from purchase tax: From January 1, 2021 to December 31, 2022, the purchase tax for new energy vehicles will be exempted. The new energy vehicles exempted from purchase tax refer to pure electric vehicles, plug-in hybrid (including range-extended) vehicles, and fuel cell vehicles. 2. Implementation management: The new energy vehicles exempted from purchase tax will be managed through the "Catalog of New Energy Vehicle Models Exempted from Vehicle Purchase Tax" (hereinafter referred to as the "Catalog"). The purchase date for the tax-exempt models in the catalog is the date indicated on the unified sales invoice (or valid certificate) of the motor vehicle.
Last year, I researched the new policy on purchase tax for new energy vehicles in 2021 and found that it extended the previous tax exemption rule until the end of 2022. This means that when buying a pure electric vehicle or a plug-in hybrid model, you still don’t have to pay the 10% purchase tax. I personally bought a Xpeng P7 last year and saved nearly 10,000 yuan, which I used to install a home charging station. The core purpose of the policy is simply to encourage more people to choose electric vehicles and help the country reduce carbon emissions. An additional benefit is that electricity is cheaper, saving a lot on fuel costs in daily use. I advise friends to act early, choose mainstream brands like Tesla or BYD to ensure subsidies are received, and pay attention to the range to avoid future hassles. In short, this policy lowers the barrier to car ownership and makes life easier.
