Accounting treatment of dormitory expenses.
1. The employee obtains the ordinary invoice 1000 yuan for dormitory rent with the full name of the company, and shall be reimbursed according to the company system. The accounting treatment is as follows:
Borrow: Payable salary-welfare fee 1000 yuan.
Loan: bank deposit 1000 yuan.
Employee welfare expenses are allowed to be deducted before tax if they do not exceed 14% of total wages and salaries.
2. The employee obtains the ordinary VAT invoice 1000 yuan for dormitory rent payable to individual, and reimburses it according to the company system. The accounting treatment is as follows:
Borrow: Payable salary-welfare fee 1000 yuan.
Loan: bank deposit 1000 yuan.
This expenditure is included in the welfare fund for the convenience of accounting, but it is irrelevant to the enterprise, so it cannot be deducted before tax. At the end of the year, the taxable income should be fully increased when the enterprise income tax is settled.
Iii. The company gives employees housing allowance of 1000 yuan, which is included in the salary and salary system and is paid together with the salary and salary. The accounting treatment is as follows:
Debit: Payable staff salary-salary 1000 yuan.
Loan: bank deposit 1000 yuan.
This expenditure belongs to the category of wages and salaries, and all of it is allowed to be deducted before enterprise income tax.
Do I have to pay a tax on the dormitory expenses?
According to the relevant provisions of the Regulations for the Implementation of the Individual Income Tax Law of the People's Republic of China, income from wages and salaries refers to wages, salaries, bonuses, year-end salary increase, labor dividends, allowances, subsidies and other income related to employment or employment.
The forms of personal income include cash, physical objects, securities and other forms of economic benefits.
According to the interpretation of State Taxation Administration of The People's Republic of China's tax policy in the third quarter of 20 18 on the official website, it is clear that personal income tax should be paid according to law for the benefits, whether in cash or in kind, given to individuals by employers. However, in principle, personal income tax is not levied on non-cash benefits enjoyed by the collective, which are inseparable and not quantified to individuals.