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How to calculate the local education surcharge?
The calculation formula of local education surcharge is: local education surcharge = (actually paid value-added tax+consumption tax) × 2%;

Additional entries for enterprises to pay education fees are as follows:

(1) When withdrawing money:

Borrow: taxes and surcharges

Loan: taxes payable-local education surcharge payable.

(2) When reporting and paying:

Borrow: taxes payable-local education surcharge.

Loans: bank deposits

Local education surcharge refers to a local government fund levied in accordance with the relevant provisions of the state in order to implement the strategy of "rejuvenating the province through science and education", increase the investment of local education funds and promote the development of education in various regions. According to the Regulations on the Administration of Additional Use of Local Education, all units and individuals who pay value-added tax and consumption tax within the administrative areas of provinces, autonomous regions and municipalities directly under the Central Government shall pay local education surcharges as required. Its collection and management functions are:

1, education surcharge is levied by the tax bureau;

2. If the payer fails to pay the education surcharge within the prescribed time limit, he shall be fined and fined, which shall be stipulated by the county and municipal people's governments;

3. The value-added tax and consumption tax levied by the customs on imported products are not subject to additional education fees.