The difference between tax payable and other payables

1. The difference between the two:

a) The concept is different.

Taxes payable are the various taxes that are payable under the tax law. It is a type of accounts payable. In order to reflect the payment and actual payment of various taxes, a "tax payable" account should be set up for accounting.

Other payables refer to the various payments that enterprises need to pay to the state in addition to taxes, mainly including education surcharges, vehicle purchase surcharges, etc.

2) The scope of accounting is different.

The taxes payable mainly include product tax, value-added tax, urban maintenance and construction tax, business tax, resource tax, income tax, adjustment tax, salt tax, special tax on burning oil, etc.

Other payables do not cover the taxes payable, but refer to all kinds of payables other than taxes in the various payments paid to the state, mainly including education surcharges, vehicle purchase surcharges, etc.

2. In accordance with the new accounting standards, two accounts have now been abolished. Changes in the new accounting standards in 2007: tax payable and other accounts payable are cancelled and replaced"Taxes and fees due"。

The taxes payable refer to the various taxes and fees payable by an enterprise based on the operating income and profits realized within a certain period of time, in accordance with the provisions of the current tax law, and using a certain tax calculation method.

The taxes payable include value-added tax, consumption tax, enterprise income tax, resource tax, land value-added tax, urban maintenance and construction tax, real estate tax, land use tax, vehicle and vessel tax, education surcharge, mineral resources compensation fee, stamp duty, cultivated land occupation tax and other taxes and fees paid by enterprises in accordance with the law, as well as individual income tax collected and paid by enterprises before being handed over to the state.

The tax payable refers to the various taxes paid to the state, which are generally named after the xx tax. Other payables refer to various fees paid to the state in addition to taxes, which are generally named after XX fees.

If an enterprise obtains operating income and realizes profits within a certain period of time, it shall withhold various taxes payable to the state according to the provisions in accordance with the principle of accrual accounting, and these taxes shall temporarily stay in the enterprise before they are paid, forming a liability. This liability is referred to as tax payable on the balance sheet.

In order to correctly reflect and supervise the occurrence and disappearance of the obligation of enterprises to pay various expenses other than taxes to the state, enterprises should set up "other payables" accounts. In the balance sheet, it is referred to as other payables.

After the actual "Accounting Standards for Business Enterprises" in 2006, the "Appendix to the Accounting Standards for Business Enterprises - Accounting Subjects and Main Accounting Treatment" issued by the Ministry of Finance clearly cancelled the tax payable and other payables, and the tax payable accounts were collected and accounted for in a unified manner. Since then, there has been no distinction between tax payable and other payables in accounting.

The tax payable is the various taxes that should be paid by the enterprise according to the provisions of the tax law, including: value-added tax, consumption tax, business tax, urban maintenance and construction tax, resource tax, land value-added tax, real estate tax, vehicle and vessel use tax, land use tax, stamp duty, cultivated land occupation tax, deed tax, income tax, etc.

Other payables refer to all kinds of payables payable by the enterprise in addition to taxes payable, dividends payable, etc., including education surcharges, mineral resources compensation fees, etc.

The business tax in the local tax is also through the tax payable account, the stamp duty is through the management expenses, the enterprise income tax is the tax payable, and the withholding personal income tax is through other payables.

Taxes payable include taxes payable and other amounts payable.

Differences: 1. The tax payable is the subject of the accounting system. The tax payable refers to the various taxes payable by the enterprise, such as value-added tax, consumption tax, business tax, income tax, resource tax, land value-added tax, urban maintenance and construction tax, individual income tax, etc.

2. The tax payable is the subject of the new accounting standard. Accounting of taxes and fees payable Enterprises calculate and pay various taxes and fees in accordance with the provisions of the tax law, including value-added tax, consumption tax, business tax, income tax, resource tax, land value-added tax, urban maintenance and construction tax, real estate tax, land use tax, vehicle and vessel use tax, education surcharge, mineral resources compensation fee, etc.

Taxes payable are the various taxes that are payable under the tax law. It is a type of accounts payable. It mainly includes the product tax, multiplication tax, urban maintenance and construction tax, business tax, resource tax, income tax, adjustment tax, salt tax, special tax on burning oil, etc.

The taxes payable refer to the various taxes and fees payable by the enterprise according to the operating income and realized profits obtained in a certain period of time, in accordance with the provisions of the current tax law, and using a certain tax calculation method. The taxes payable include value-added tax, consumption tax, business tax, enterprise income tax, resource tax, land value-added tax, urban maintenance and construction tax, real estate tax, land use tax, vehicle and vessel tax, education surcharge, mineral resources compensation fee, stamp duty, cultivated land occupation tax and other taxes and fees paid by enterprises in accordance with the law, as well as individual income tax collected and paid by enterprises before being handed over to the state.

"Taxes payable" is a general term for "taxes" and "fees". "Taxes" include the 19 types of taxes that are currently levied in the form of laws or administrative regulations. "Fees" are levied in addition to taxes, such as education surcharges, embankment protection fees, cultural construction fees, etc.

"Tax payable" is the account and statement item used under the old system, and its accounting content only includes the amount payable for the 19 types of taxes prescribed by law. Under the original system, all kinds of accounts payable were accounted for through the "other payables" account, and separate statement items were presented. In short, the tax payable is the combination of the tax payable and other amounts payable.

Changes in the new accounting standards in 2007: tax payable and other accounts payable are cancelled and replaced"Taxes and fees due"The accounting rules for the taxes payable are as follows:

This subject calculates the various taxes and fees payable by enterprises in accordance with the provisions of the tax law, including value-added tax, consumption tax, business tax, income tax, resource tax, land value-added tax, urban maintenance and construction tax, real estate tax, land use tax, vehicle and vessel use tax, education surcharge, mineral resources compensation, etc.

The compensation fee for mineral resources, real estate tax, vehicle and vessel use tax, land use tax and stamp duty payable shall be calculated and determined according to the regulations, and the management expenses shall be debited and the "tax payable" account shall be credited.

This account shall be accounted for in detail according to the tax type of tax payable. The VAT payable should also be separately "input tax", "output tax", "export tax rebate", "input tax transfer", "tax paid" and other columns set up for detailed accounting.

Individual Income Tax of the People's Republic of China

Article 2 Individual income tax shall be paid on the income of the following individuals:

1) Income from wages and salaries;

2) Income from remuneration for labor services;

3) Income from author's remuneration;

4) Income from royalties;

5) Business income;

6) Income from interest, dividends and bonuses;

7) Income from property lease;

8) Income from the transfer of property;

9) Incidental gains.

Resident individuals who obtain the income from items 1 to 4 of the preceding paragraph (hereinafter referred to as "comprehensive income") shall calculate individual income tax on a consolidated basis according to the tax year; For non-resident individuals who obtain the income in items 1 to 4 of the preceding paragraph, the individual income tax shall be calculated on a monthly or sub-itemized basis. Taxpayers who obtain the income from items 5 to 9 of the preceding paragraph shall calculate individual income tax separately in accordance with the provisions of this Law.

The difference between tax payable and tax payable is as follows:

1. Different uses.

Most of the taxes payable are used to meet the needs of the business expenses of the charging units themselves, and the special funds are used for quiet distribution.

The taxes and fees payable are uniformly spent by the state through the budget and used for social and public needs.

The taxes payable include value-added tax, consumption tax, enterprise income tax, resource tax, land value-added tax, urban maintenance department credit and construction tax, real estate tax, land use tax, vehicle and vessel tax, education surcharge, mineral resources compensation fee, stamp duty, cultivated land occupation tax and other taxes and fees paid by enterprises in accordance with the law, as well as individual income tax collected and paid by enterprises before being handed over to the state.

2. The types of taxes and fees paid are different.

The taxes payable include value-added tax, consumption tax, enterprise income tax, resource tax, land value-added tax, urban maintenance and construction tax, real estate tax, land use tax, vehicle and vessel tax, education surcharge and other taxes and fees paid by enterprises in accordance with the law.

The taxes payable include mineral resources compensation fees, stamp duty, cultivated land occupation tax and other taxes and fees, as well as individual income tax collected and paid by enterprises before being paid to the state.

3. The content is different.

The tax payable is the subject of the original accounting system, and the tax payable is the subject of the new accounting standard, and the tax payable has increased the content of the surcharge compared with the accounting content of the tax payable, such as the education fee is included in the tax payable, and in the original accounting system, it is included in other payables.

The accounting regulations for the tax payable are as follows:

This account calculates the various taxes and fees payable by enterprises in accordance with the provisions of the tax law, including value-added tax, consumption tax, business tax, income tax, resource tax, land value-added tax, urban maintenance and construction tax, real estate tax, land use tax, individual income tax, vehicle and vessel tax, education surcharge, mineral resources compensation, etc.

The debit management expenses such as mineral resources compensation fee, real estate tax, vehicle and vessel tax, land use tax, stamp duty, etc., which are calculated and determined according to the regulations, shall be credited to the "tax payable" account.

Borrow: Administrative expenses.

Credit: Taxes payable-

According to the provisions of the Finance and Accounting [2016] No. 22 document, after the comprehensive trial implementation of the business tax to value-added tax, the name of the "business tax and surcharge" subject is adjusted to the "tax and surcharge" account, which accounts for the consumption tax, urban maintenance and construction tax, resource tax, education surcharge and real estate tax, land use tax, vehicle and vessel use tax, stamp duty and other related taxes and fees incurred in the business activities of the enterprise;

The difference between tax payable and tax payable.Answer:1. Taxes payable include taxes payable and other payables.

2. The income tax payable by the unit is credited to the tax payable3. The tax payable is the subject of the accounting systemThe tax payable refers to the various taxes payable by the enterprise, such as value-added tax, consumption tax, business tax, income tax, resource tax, land value-added tax, urban maintenance and construction tax, individual income tax, etc.

4. The tax payable is the subject of the new accounting standardAccounting of taxes payable Enterprises calculate all kinds of taxes and fees payable in accordance with the provisions of the tax law, including value-added tax, land use tax, vehicle and vessel use tax, education surcharge, mineral resources compensation imitation fee, etcThe difference between tax payable and tax payable

Answer:1. Taxes payable include taxes payable and other payables. 2. The income tax payable by the unit is credited to the tax payable

3. The tax payable is the subject of the accounting systemThe tax payable refers to the various taxes payable by the enterprise, such as value-added tax, consumption tax, business tax, income tax, resource tax, land value-added tax, urban maintenance and construction tax, individual income tax, etc4. The tax payable is the subject of the new accounting standard

Accounting of taxes payableEnterprises calculate all kinds of taxes and fees payable in accordance with the provisions of the tax law, including value-added tax, land use tax, vehicle and vessel use tax, education surcharge, mineral resources compensation fee, etc

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