Relevant provisions on pre-tax deduction of education funds for enterprise employees
According to the Notice of the Ministry of Finance of State Taxation Administration of The People's Republic of China on the Pre-tax Deduction Policy for Employees' Education Funds (Caishui [2018] No.51), the part of employees' education funds incurred by enterprises that does not exceed 8% of the total wages and salaries is allowed to be deducted when calculating the taxable income of enterprise income tax; The excess shall be allowed to be carried forward and deducted in future tax years. The notice shall be implemented as of 20 18 10 1.
Case analysis of accounting treatment:
In July, the wages of employees in an enterprise totaled 450,000 yuan, including 6,543,800 yuan in management department, 6,543,800 yuan in sales department, 6,543,800 yuan in manufacturing department and 50,000 yuan in R&D department.
According to the regulations, the part that does not exceed 8% of the total salary is allowed to be deducted. Therefore, the employee education funds that can be deducted before tax by all departments of the enterprise in July are:
Management department: 100000×8%=8000 yuan;
Business Department: 150000×8%= 12000 yuan;
Manufacturing department: 150000×8%= 12000 yuan;
R&D Department: 50,000× 8% = 4,000 yuan.
According to statistics, in July, the employee education expenses deducted by enterprises before tax were 8000+12000+12000+4000 = 36000 yuan.
Accounting treatment is as follows:
1. drug withdrawal period
Borrow: management fee-employee education 8000
Sales expenses-employee education 12000
Production cost/manufacturing cost-employee education 12000
R&D expenditure-employee education 4000
Loan: payable to employees-employee education 36000
Step 2 Spend time
Borrow: Payable Staff Salary-Staff Education 36000
Loan: 36,000 yuan in bank deposit.
Attachment: Expenditure Scope of Enterprise Staff Education Funds
1. Induction and job transfer training;
2. Adaptability training for various posts;
3. On-the-job training, vocational and technical level training and high-skilled personnel training;
4. Continuing education of professional and technical personnel;
5. Training of special operators;
6. Staff training expenses organized by enterprises;
7 employees to participate in professional skill appraisal, professional qualification certification and other expenses;
8. Purchase teaching equipment and facilities;
9. Staff post self-study incentive fee;
10. Staff education and training management expenses;
1 1. Other expenses related to employee education.
On-the-job education expenses for enterprise employees to participate in social academic education and individuals to obtain degrees shall be borne by individuals, and shall not occupy the education and training funds for enterprise employees.