Withholding tax of after-tax speech fee
According to the Measures for the Administration of Training Fees of Central and State Organs (Caixing [2016] No.540):
The lecture fee (after tax) shall be implemented according to the following standards: the maximum amount of each class hour for associate senior technical title professionals shall not exceed 500 yuan, the maximum amount of each class hour for full senior technical title professionals shall not exceed 1 000 yuan, and the maximum amount of each class hour for academicians and national famous experts shall not exceed 1 500 yuan. The lecture fee is calculated according to the actual class hours, with a maximum of 4 class hours per half day.
According to the individual income tax law and its implementation conditions, the lecture fee belongs to "income from labor remuneration" and the tax rate is 20%; If the income does not exceed 4,000 yuan each time, 800 yuan will be deducted; If the income exceeds 4,000 yuan, after deducting 20% of expenses, the balance is taxable income.
Income from remuneration for labor services, if it is a one-time income, shall be obtained in one lump sum; If it belongs to the continuous income of the same project, the income obtained within 1 month shall be regarded as one time.
Individual tax accounting entries of labor remuneration
When withholding personal income tax:
Debit: other business expenses (or main business costs)
Loan: taxes payable-personal income tax payable (personal income tax on withholding wages)
bank deposit
When paying personal income tax:
Borrow: taxes payable-personal income tax payable (personal income tax on withholding wages)
Loans: bank deposits
10 tax treatment summary of one-time income
What personal income should be taxed?
The taxable income declared for withholding individual income tax includes wages and salaries, labor remuneration, royalties, royalties, property transfer, property lease, interest, dividends, bonuses and accidental income.