When the company's vehicles meet the requirements, it is also necessary to apply for vehicle scrapping. After applying for vehicle scrapping, you can get part of the cost of vehicle scrapping. This situation needs to be handled by the company's financial department. What should be done? In order to help you better understand the relevant legal knowledge, Pacific Auto Network has compiled the following contents.

First, how to deal with vehicle scrapping in tax?

Accounting treatment of vehicle scrapping;

1. Transfer book fixed assets to liquidation:

Debit: fixed assets liquidation (original value-accumulated depreciation)

accumulated depreciation

Loans: fixed assets

2, waste cleaning costs:

Debit: liquidation of fixed assets

Loan: bank deposit (or cash on hand)

3, scrap sales income, insurance company compensation, etc. ：

Debit: bank deposit

Loan: liquidation of fixed assets

4, carry forward to clean up the net loss:

Borrow: non-operating expenses

Loan: liquidation of fixed assets

Second, the specific process of vehicle scrapping

(1) The owner of a motor vehicle applying for scrapping and updating shall fill in the Application Form for Examination and Approval of Motor Vehicle Change, Transfer, Modification, Stopping and Scrapping, and affix the owner's seal;

(two) to register and review the application, and issue a notice of automobile scrapping for vehicles that have reached the retirement age; For motor vehicles that have not reached the age of scrapping, if they meet the standards of scrapping after inspection, they will be issued a Notice of Scrapping Cars;

(3) The car host issues a Notice of Car Scrapping to qualified recycling enterprises;

(4) The recycling enterprise dismantles the vehicle after checking the scrap notice, requiring the engine to be separated from the vehicle, the engine cylinder to be broken, the frame (chassis) to be cut off, taking photos, issuing the scrap notice to Wang Ming, and paying the residual value;

⑤ The vehicle management office presided over the application form, updated the vehicle technical appraisal form in XX province, the recycling certificate of scrapped vehicles, and photos of vehicle disintegration. After checking and verifying the signature, the license plate shall be recovered, submitted for approval as required, and scrapped for registration.

According to the above answers, it can be concluded that the tax treatment method of the expenses obtained after the vehicle is scrapped has been given above. When applying for scrapping a vehicle, you need to carry all the documents of the vehicle and the identity information of the applicant. If you have any related car consultation, you can call Pacific Auto Network to answer online.

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