The accounting process undertaken by the personal income tax company is as follows:

1. Provision for personal income tax: Debit: employee compensation payable - wages, credit: taxes payable - personal income tax; < /p>

2. Personal income tax payment: Debit: taxes payable - personal income tax, Credit: bank deposits;

3. Pay wages: Debit: Cash on hand, Credit: bank deposits;< /p>

4. Payment of personal income tax: Debit: tax payable - personal income tax, credit: cash on hand.

Personal income tax filing standards:

1. Income from wages and salaries: If the monthly taxable income exceeds 5,000 yuan, personal income tax liability registration must be done with the tax authorities; If the tax income does not exceed 5,000 yuan, registration is not required;

2. Income from labor remuneration: If the annual income exceeds 12,000 yuan, individual income tax liability registration is required with the tax authorities;

3. Business income: Those whose annual income exceeds 5,000 yuan must register with the tax authorities for personal income tax obligations;

4. Income from royalties, income from royalties, income from property leasing, interest, dividends, Dividend income, incidental income, etc.: If the annual taxable income exceeds 4,000 yuan, you must register for personal income tax obligations with the tax authorities.

In summary, the withholding and payment of personal income tax involves the rights and interests of the company and employees. When performing relevant operations, you need to comply with relevant national and local regulations and requirements. You can consult a professional accountant or tax The teacher assists with accounting.

Legal basis:

Article 13 of the "Individual Income Tax Law of the People's Republic of China"

Taxpayers do not have the obligation to withhold taxable income. If you are a person, you must submit a tax return to the tax authorities and pay the tax within the 15th day of the month following the month when you obtain the income.

If a taxpayer obtains taxable income and the withholding agent fails to withhold the tax, the taxpayer shall pay the tax before June 30 of the following year in which the income is obtained; if the tax authority notifies a time limit for payment, , taxpayers should pay taxes according to the deadline.

Resident individuals who obtain income from outside China must declare and pay taxes between March 1 and June 30 of the following year in which they obtain the income.

Non-resident individuals who obtain wages and salaries from two or more places in China must declare and pay tax within the 15th day of the month following the month in which they obtain the income.

Taxpayers who cancel their Chinese household registration due to emigration abroad should handle tax settlement before canceling their Chinese household registration.