What R&D expenses can be deducted?
1, direct input cost. For example, the expenses of materials, fuel and power directly consumed in R&D activities, various expenses for intermediate tests and product trial production, and expenses for renting instruments and equipment used in R&D activities.
2. Personnel labor costs. Salaries, basic old-age insurance, basic medical insurance, unemployment insurance, work injury insurance, maternity insurance and housing accumulation fund of personnel directly engaged in R&D activities, as well as labor costs of external R&D personnel.
3, new product design fees, new process regulations, clinical trial fees for new drug development, field trial fees for exploration and development technology.
4. Depreciation expense. Depreciation expenses for instruments and equipment used in R&D activities.
5. Amortization of intangible assets. Amortization expenses of software, patents and non-patented technologies used in R&D activities.
6. Other related expenses. Other expenses directly related to research and development activities.
7. Other expenses stipulated by the Ministry of Finance and State Taxation Administration of The People's Republic of China.
To put it simply, all expenses for R&D can be included in the R&D expenses of enterprises.
In fact, knowing the above knowledge points of R&D expenses plus deduction, we can know the tax treatment method of R&D expenses.
Accounting treatment of research and development expenses
1. All expenditures in the enterprise research stage are expensed and included in the current profit and loss.
The entry is:
Debit: R&D expenditure-expensed expenditure
Loan: bank deposit/cash/raw materials
At the end of the month, it is included in the current profit and loss.
Debit: management expenses-R&D expenditure
Loan: R&D expenditure-expensed expenditure
2. Expenditure in the development stage, which does not meet the capitalization conditions, is included in the current profit and loss (the same as the entry of expenditure in the research stage above).
The entry is:
Debit: R&D expenditure-expensed expenditure
Loan: bank deposit/cash/raw materials
At the end of the month, it is included in the current profit and loss.
Debit: management expenses-R&D expenditure
Loan: R&D expenditure-expensed expenditure
3. Expenditure in the development stage shall be capitalized if it meets the capitalization requirements.
The entries are as follows:
Debit: R&D expenditure-capitalized expenditure
Loan: bank deposit/cash/raw materials
Borrow: intangible assets
Loan: R&D expenditure-Capitalized expenditure Does R&D expenditure need to be carried forward at the end of the period?