In daily work, for some different amounts of expenses, financial workers may not know how to handle the accounting. Today, my tax accountant firm has made some summaries. Under these two scenarios, accounting treatment can be carried out according to the following principles.
1Can the company not issue invoice for small expenses?
For example, a boss asked a colleague to buy it at a small store200Yuan afternoon tea, as a company welfare, in view of this situation, how should the company accounting deal with it?
Under the current tax code,500Sporadic expenses below RMB can not need to issue invoice, so the afternoon tea is not more than500Yuan, can be issued to the tax bureau invoice account, as a pre-tax deduction, can also let small stores to issue receipts into the account. Note, however, that the receipt should indicate the name of the company, the person's name and identity card number, details of the payment, the amount paid, etc.
2When the company organizes staff dinners, group building and other activities, how should the invoice be recorded? Can it be deducted when the business income tax is settled?
Expenses for dinner parties and group building belong to the welfare expenses of the company, which shall not exceed wages and salaries when the annual corporate income tax is settled14%Deduct the portion before tax.
For example, an enterprise in2020Annual payment of company dinner party and group building expenses2Ten thousand yuan, the total salary of the company that year100Million, that in the enterprise to do the annual business income tax settlement in accordance with the time not to exceed14%Deduct all of the excess part of the tax deduction.
As a result of the enterprise dinner and group construction expenses total2If the deduction limit is not exceeded, the enterprise does not need to pay tax adjustment in the final settlement of the enterprise income tax, and can be deducted in full.
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