Borrow: management fee-labor insurance fee or welfare fee

Loans: bank deposits

Work clothes (suits, inch shirts) can be deducted.

First of all, we must confirm the nature of "work clothes".

1. Work clothes are work clothes purchased by enterprises for VAT taxable items, which are distributed to employees of enterprises as labor protection articles for their production. According to Article 8 of the Provisional Regulations on Value-added Tax in People's Republic of China (PRC) (the State Council Order No.538 of the People's Republic of China): "The value-added tax paid or borne by taxpayers for purchasing goods or receiving taxable services (hereinafter referred to as purchasing goods or taxable services) is the input tax." This batch can be deducted.

2. Work clothes are distributed to employees as collective welfare. According to Item (1) of Article 10 of the Provisional Regulations on Value-added Tax in People's Republic of China (PRC) (Order No.538 of the State Council of the People's Republic of China): "The input tax of the following items shall not be deducted from the output tax: (1) Goods purchased for non-VAT taxable items, tax-exempt items, collective welfare or personal consumption. Input tax needs to be transferred out.

How to deduct the cost of purchasing work clothes before tax?

The reasonable expenses of enterprise work clothes can be deducted before tax according to the facts, but different situations need to be distinguished:

1, the normal operation of enterprises needs to unify employees' clothing expenditure.

Announcement of People's Republic of China (PRC) and State Taxation Administration of The People's Republic of China on Several Issues Concerning Enterprise Income Tax (People's Republic of China (PRC) State Taxation Administration of The People's Republic of China Announcement No.34, 20 1 1) stipulates: "According to the nature and characteristics of enterprise work, the expenses incurred by enterprises in unified production and requiring employees to wear work clothes at work can be deducted before tax as reasonable expenses of enterprises in accordance with the provisions of Article 27 of the Implementation Regulations."

2. Protective clothing for special jobs

Expenditure on protective clothing for special types of work belongs to labor protection expenditure. Article 48 of the Regulations for the Implementation of the Enterprise Income Tax Law stipulates: "Reasonable labor protection expenses incurred by enterprises can be deducted."

How to buy work clothes for employees? Some companies will require employees to pay a certain deposit after issuing them work clothes, and then return the work clothes deposit when employees leave or resign. If the company receives the employee's deposit for this reason, the finance department should be able to understand how to enter the deposit after receiving the deposit.