Entries for the provision of education fee surcharge and local education fee surcharge

Additional entries for the provision of education expenses:

It used to be like this.

Borrow: main business tax and surcharge - education fee surcharge.

Credit: Other Payables - Education Surcharge.

All now. Borrow: main business tax and surcharge - education fee surcharge.

Credit: Taxes Payable - Education Fee Surcharge.

Additional entries for local education fees:

It used to be like this.

Borrow: main business tax and surcharge - local education fee surcharge.

Credit: Other Payables - Local Education Fee Surcharge.

All now. Borrow: main business tax and surcharge - local education fee surcharge.

Credit: Taxes payable - local education surcharge.

If there is value-added tax, consumption tax and business tax payable in the current month, the urban construction tax and education surcharge shall be calculated according to the prescribed proportion of the amount payable (the proportion is different in different regions).

1. The urban construction tax is 7% (the administrative level is above the district).

The administrative level is county, town).

other administrative levels such as villages).

The tax rate of the education fee surcharge is generally only 3% (there is a reduction policy), as you said, this month's purchase exceeds the sales, there is no value-added tax payable, if your enterprise is not a taxpayer of consumption tax and business tax, you do not need to pay urban construction tax this month, education surcharge.

1. When calculating taxes and fees:

Borrow: main business tax and additional other business expenses.

Goods: Taxes payable - urban construction tax.

Other payables - education fee surcharge.

2. Actual payment:

Borrow: Tax payable - urban construction tax.

Other payables - education fee surcharge.

Goods: Bank deposits.

Accrual: Borrow: Operating tax and surcharge.

Credit: Tax payable - education surcharge (VAT, business tax, consumption tax) * 3%.

Taxes payable - local education fee surcharge (VAT, business tax, consumption tax) * 1%.

The surcharge for education is 3%, the surcharge for local education is 1%, and many companies combine it to 4%.

1. When the enterprise accrues the education fee surcharge:

Borrow: Taxes and surcharges - Education Surcharge Credit: Taxes payable.

Education fee surcharge payable.

2. When the enterprise pays the education fee surcharge:

Borrow: Taxes Payable - Education Fees Payable Surcharge: Bank Deposits.

3. Enterprise urban construction tax and education fee surcharge.

How to keep accounting entries.

Accrual: Borrow: Taxes and Surcharges.

Credit: Taxes payable - Urban Maintenance and Construction Tax.

Taxes payable - Education Fee Surcharge.

Taxes payable - Local education fee surcharge.

Payment: Borrow: Tax Payable - Urban Maintenance and Construction Tax.

Taxes payable - Education Fee Surcharge.

Taxes payable - Local education fee surcharge.

Credit: Bank deposits.

In the new accounting standards, how to make entries for urban construction tax, education surcharge and local education surcharge: and trillion.

1. Stamp duty.

There is no need to accrue, and it is directly included in the "management fee" when paying.

Stamp Duty" account.

Borrow: Administrative Expenses - Stamp Duty.

Credit: bank deposits, etc.

2. Accrual of urban construction tax, education fee surcharge and local education fee surcharge: business tax and additional sliding rent.

Credit: Taxes payable - urban construction tax.

Credit: Taxes Payable - Education Fee Surcharge.

Credit: Taxes payable - local education surcharge.

3. When paying.

Borrow: should be allowed to do the payment of taxes - urban construction tax.

Borrow: Taxes payable - Education Fee Surcharge.

Borrow: Taxes payable - local education fee surcharge.

Credit: bank deposits, etc.

Further information: 1. The local tax authorities are responsible for the collection of education fees within their jurisdictions.

2. If the contributor fails to pay the education fee surcharge within the prescribed time limit, he shall be punished with a late fee.

and fines, by the county and city people's **.

3. Value-added tax and consumption tax levied on imported products by the customs.

There is no surcharge on education fees.

The education surcharge is an extra-budgetary fund that is specifically used for the development of local education by the tax authorities, arranged by the education department at the same level, and supervised and managed by the financial department at the same level. The surcharge of education fees of enterprises should be included in the "tax and surcharge" account, and the payment should be made through the "tax payable" account, and the calculation formula is: education surcharge payable = (actual VAT + consumption tax) 3% (collection rate).

The additional accounting entries for education expenses are as follows:

1. When the enterprise accrues the education fee surcharge:

Borrow: Taxes & Surcharges - Education Surcharges.

Credit: Taxes and fees should be paid early - education fees should be paid.

2. When the enterprise pays the education fee surcharge:

Borrow: Taxes payable - Education fee surcharge payable.

Credit: Bank deposits.

The education surcharge is an extra-budgetary fund that is specifically used for the development of local education by the tax authorities, arranged by the education department at the same level, and supervised and managed by the financial department at the same level. The surcharge of enterprise education fees should be included in the "tax and surcharge" account, and Lu Chaikai pays it through the "tax payable" account, and its calculation formula is: education fee surcharge payable = (actual VAT + consumption tax) 3% (collection rate).

In order to speed up the development of local education and expand the funds for local education, enterprises should pay education surcharges in accordance with the regulations. When calculating the local education surtax, how to make specific accounting entries?

Borrow: Taxes and surcharges, Credit: Taxes payable - Local education surcharges payable. Wanton.

When paying: borrowing: taxes payable - local education fee surcharge payable.

Credit: Bank deposits.

What is the Education Fee Surcharge?

Local education surcharge refers to a local levy in accordance with the relevant provisions of the state, in order to implement the strategy of "rejuvenating the province through science and education", increase local investment in education, and promote the development of education in various provinces, autonomous regions and municipalities directly under the Central Government.

In accordance with the regulations on the administration of the use of local education surcharges, in the administrative areas of all provinces and municipalities directly under the Central Government, all units and individuals that pay value-added tax and consumption tax shall pay local education surcharges in accordance with the regulations.

Local Education Surcharge = (VAT + GST) 2 ;

Education Fee Surcharge = (VAT Actually Paid + Consumption Tax) 3 .

The education surcharge should be included in the tax and surcharge - the education surcharge account.

What are the secondary accounts of tax payable?

General VAT taxpayers shall set up detailed accounts such as "VAT payable", "unpaid VAT", "prepaid VAT", "input VAT to be credited", "input VAT to be certified", "VAT to be re-transferred", "VAT credit", "simple tax calculation", "VAT payable on transfer of financial products", and "withholding and payment of VAT" under the account of "tax payable".

Enterprises should pass the "tax payable" account to comprehensively reflect the payment and payment of various taxes and fees.

Stamp duty, cultivated land occupation tax, deed tax, vehicle purchase tax, etc., do not need to be estimated to be paid, so they are not accounted for through the "tax payable" account.

Taxpayers who pay VAT and consumption tax are the contributors who pay the education fee surcharge, when the accountant accrues the education fee surcharge, it is generally included in the tax and additional account accounting, how to do the specific accounting entries?

Borrow: Taxes and surcharges.

Credit: Taxes Payable - Education Fee Surcharge Payable.

Taxes payable – local education surcharge is due.

When you actually pay:

Borrow: Taxes payable - Education fee surcharge payable.

Taxes payable – local education surcharge is due.

Credit: Bank deposits.

The profit carried forward to the current year at the end of the period.

Borrow: Profit for the current year.

Credit: Taxes and surcharges.

What are the regulations on the administration of surcharge collection of education fees?

1. The local tax authorities are responsible for the collection of education fees within their respective jurisdictions.

2. If the contributor fails to pay the education fee surcharge within the prescribed time limit, and needs to be punished with late fees and fines, it shall be prescribed by the county and city people.

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

What are taxes and surcharges?

Taxes and surcharges refer to the relevant taxes and fees that should be borne by the business activities of the enterprise, but do not include taxes, income tax and value-added tax. There should be no balance in this account after the month-end carryover. Taxes and surcharges account for consumption tax, urban maintenance and construction tax, education surcharge, resource tax, real estate tax, urban land use tax, vehicle and vessel tax, stamp duty, etc.

Taxes and surcharges are profit and loss accounts, with the debit side indicating an increase and the credit side indicating a decrease.

What is a bank deposit?

Bank deposits refer to the monetary funds deposited by a business with banks and other financial institutions. The increase in bank deposits of enterprises registered on the debit side, the decrease in hail leakage in the bank deposits registered on the credit side, and the debit balance at the end of the period reflects the amount of bank deposits actually held by the enterprise at the end of the period.

The education surcharge is an additional early verification fee levied on units and individuals who pay value-added tax and consumption tax. When an enterprise accrues education fee surcharge, it can be accounted for through accounts such as taxes payable, how to do the relevant accounting entries?

Borrow: Taxes and surcharges.

Credit: Taxes Payable - Education Fee Surcharge Payable.

Taxes payable – local education surcharge is due.

When you actually pay:

Borrow: Taxes payable - Education fee surcharge payable.

Taxes payable – local education surcharge is due.

Credit: Bank deposits.

The profit carried forward to the current year at the end of the period.

Borrow: Profit for the current year.

Credit: Taxes and surcharges.

What is the Education Fee Lu Shout Surcharge?

What are the taxes payable?

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

What is the profit for the year?

The profit of the year refers to the net profit (or net loss) of an enterprise in a certain fiscal year, which is calculated and determined by the composition of the company's profit, and is a dynamic indicator formed by the gradual accumulation of the enterprise from January to December of the calendar year.

1. The specific financial treatment of the education surcharge.

When accruing the education surcharge.

Borrow: Taxes and surcharges.

Credit: Taxes Payable - Education Fee Surcharge.

When you actually pay:

Borrow: Taxes payable - Education Fee Surcharge.

Credit: Bank deposits.

2. It should be noted that now that the business tax has been fully replaced by business tax and there is no business tax. According to the actual data, the construction tax payable = (20,000 + 10,000 + 10,000) * 7% = 2,800 (yuan).

Education surcharge payable = (20,000 + 10,000 + 10,000) * 3% = 1,200 (yuan).

Debit: tax and surcharge - 4000

Credit: Tax payable - urban construction tax payable - 2800

Taxes Payable - Education Fee Payable Surcharge - 1200