Bonus 70000 excluding tax, calculation of income tax, calculation process. and related to accounting

The bonus excluding tax is 70,000 yuan, if there is no other salary, the deduction is 1,600 yuan, 70,000-1,600 = 68,400 Two calculation methods:

The first type: personal income tax payable = 68400 * 35% - 6375 = 17565 The second type: the income tax rate payable 68400 12 = 5700 The tax rate is 20% personal income tax payable = 68400 * 20% - 375 = 13305 Involving accounting subjects:

It belongs to the unit. Debit: Other receivables - individual income tax receivables.

Credit: Tax Payable - Individual Income Tax Payable.

Borrow: Wages payable.

Credit: Other receivables.

According to the notice issued by the State Taxation Bureau on issues related to individual income tax, starting from January 1, 2005, the annual one-time bonus obtained by an individual in the current month is divided by the quotient of 12 months to calculate individual income tax.

The applicable tax is 20%, the quick deduction is 375, and the individual income tax payable is.

70000*20%-375=13625 yuan.

If the employee's salary income is lower than the expense deduction stipulated in the tax law in the month when the bonus is issued, the annual one-time bonus should also be calculated by deducting the balance between the employee's salary income and the expense deduction in the current month.

Borrow: production costs, manufacturing expenses, management expenses, etc. 70,000

Credit: Salary payable 70,000

Borrow: 70,000 wages payable

Credit: Cash Bank Deposit 56375

Tax payable - withholding and payment of individual income tax 13625

Borrow: Tax payable - withholding and payment of personal income tax 13625

Credit: Bank deposit 13625

In addition: 1. Government agencies and public institutions pay annual bonuses to employees, which are still calculated as a separate month's salary.

2. In addition to the annual one-time bonus, other bonuses should be combined with the monthly salary to calculate individual income tax.

Is it an individual bonus? If so, why are ledger accounts still involved? Please ask the landlord to talk more about the details.

Ask the landlord to add the level of detail of the problem, so that everyone does not know how to solve the problem.

Is it a month or an annual award?

Please tell me in detail!

Is it a bonus for labor income, or a prize for winning the lottery?

For topics involving income tax calculation, the profit, cost, and expense data of the previous topic need to be used, and only this requirement cannot be calculated without the previous business details. The taxable income can be reversed by using the amount of income tax payable. The income tax payable is 2,500 yuan, and the taxable income is 2,500 (1-25%)=10,000 yuan.

Taxable income is defined as taxable income after adding or subtracting the amount of items adjusted in accordance with the provisions of the tax law on the basis of the total accounting profit.

Taxable income = total accounting profit Amount of tax adjustment items; The amount of tax adjustment items includes two aspects:

First, the amount that should be adjusted if the financial accounting treatment of the enterprise is inconsistent with the tax regulations;

The second is the amount of tax allowed to be deducted by the enterprise in accordance with the provisions of the tax law.

Taxable objects. 1. Resident enterprises shall pay enterprise income tax on their income within and outside China.

2. If a non-resident enterprise establishes an institution or place in China, it shall pay enterprise income tax on the income obtained by the institution or place in China, as well as the income that occurs outside China but is actually connected with the institution or place set up by the company.

If a non-resident enterprise has not established an institution or place in China, or if it has established an institution or place but the income obtained has no actual connection with the institution or place it has established, it shall pay enterprise income tax on its income in China.

3. Principle of determination of income within and outside China.

The above content is referenced: Encyclopedia - Corporate Income Tax.

For the topics related to the calculation of income tax, it is necessary to use the previous topic of jujube large profits, costs, and expenses to judge the dry basis, only this requirement, without the previous cave excavation business details can not be calculated.

The business question is accounting entries and not like the one mentioned above.

Q: The income tax payable at the end of the year is 46,800 yuan, what should I do with the accounting entries?

Answer: The enterprise income tax shall be withdrawn on a monthly basis, paid quarterly, and cleared and remitted throughout the year; The so-called prepayment is based on the total accumulated profit multiplied by the tax rate minus the tax paid before, which is the amount that needs to be paid in advance, and this amount is not the final actual number. The income tax accounting entries are as follows:

1. If the amount of income tax payable is calculated on a monthly or quarterly basis, the accounting entries are as follows:

Debit: Income tax expense 46800

Credit: Tax Payable - Corporate Income Tax Payable 46800

2. When paying quarterly income tax:

Debit: Tax payable - Corporate income tax payable 46800

Credit: Bank Deposit 46800

3. When carrying over:

Borrow: profit for the year 46800

Credit: Income tax expense 46800

Accrual: Borrow: The profit of the current year --- the enterprise income tax payable.

Credit: Tax payable--- enterprise income tax payable.

When paying: borrowing: tax payable --- enterprise income tax payable.

Credit: Bank Deposits (Cash).

Answer]: a, b, c, d

According to the provisions of the "Tax Law", urban construction tax, real estate tax, vehicle and vessel tax, and land appreciation tax are all allowed to be deducted from the total income.

Answer]: a, b, c, d

According to the provisions of the macro tax law, urban construction tax, real estate tax, vehicle and vessel tax and land appreciation tax are all allowed to be deducted from the total income. Therefore, ABCD is chosen.