The tax exemption policies for individual industrial and commercial households are as follows: individual industrial and commercial households are small-scale VAT taxpayers, and if their monthly sales do not exceed 1.5 million yuan (450,000 yuan per quarter), they will be exempted from VAT; If self-employed individuals are small-scale VAT taxpayers, the VAT collection rate can still be invoiced at 1%. Self-employed small-scale taxpayers of value-added tax can enjoy the "six taxes and two fees" levied by half.

Legal objectivity:

Article 20 of the Regulations on Promoting the Development of Individual Industrial and Commercial Households

The state implements fiscal and taxation policies that are conducive to the development of individual industrial and commercial households.

Local people's governments at or above the county level and their relevant departments shall strictly implement relevant fiscal and taxation support policies to ensure that individual industrial and commercial households benefit accurately and timely.

Article 19

The state encourages and guides venture capital institutions and social funds to support the development of individual industrial and commercial households.

The local people's governments at or above the county level shall give full play to the role of various funds to provide financial support for individual industrial and commercial households' entrepreneurial innovation, loan financing and vocational skills training.