Borrow: management fee-labor protection fee,

Borrow: tax payable-value-added tax payable-input tax,

Loans: bank deposits, etc.

Labor protection fee refers to the expenses incurred in equipping or providing work clothes, gloves and safety protection articles for employees due to work needs. The scope of labor protection fee (labor protection fee) includes: labor protection articles such as work clothes, gloves and washing powder, safety protection articles such as antidote, heatstroke prevention and cooling articles such as refreshing drinks, and health food treatment paid by labor protection fee for five types of jobs such as exposure to toxic substances, silica dust operation, radiation operation and diving, caisson operation and high temperature operation according to the scope stipulated by the former Ministry of Labor and other departments.

Article 48 of the Regulations for the Implementation of the Enterprise Income Tax Law stipulates that reasonable labor protection expenses incurred by enterprises are allowed to be deducted. Article 2 of the Announcement of State Taxation Administration of The People's Republic of China on Several Issues Concerning Enterprise Income Tax (State Taxation Administration of The People's Republic of China Announcement No.2011No.34) stipulates that the clothing expenses incurred by employees in dressing the can be deducted before tax as reasonable expenses of enterprises according to the nature and characteristics of their work.