Xiamen Local Tax Network 2019 Social Security Fee

The topic of social security levied by the tax bureau has become a hot topic recently. Most companies believe that it will cause an increase in operating costs and have a huge impact on the company. From a financial perspective, let’s talk about how to deal with the transfer of social security to the tax bureau in advance.

First, calculate in advance the impact of transferring social security to the tax bureau on the company's profits and losses in 2019:

You can work with company personnel to strictly sort out whether the existing social security payment is in compliance with the regulations. Provision is made. There are three aspects. First, do all employees declare social security fees in full? Second, do they pay them on time and on schedule. Third, whether there are any unpaid social security fees that are illegal in history and need to be paid back. Two key data need to be given. The first key data is the amount of backpayment required in history and whether there are any fines. The second key data is the amount of overpayment in 2019 compared to the original company personnel policy.

Second, provide specific response plan suggestions based on the calculation results:

From a financial perspective, it is nothing more than first, how to digest the impact on profits in 2018? Second, 2019 How to absorb the increased expenses in this part of the annual budget.

Countermeasures: The main ones are to increase revenue, cut expenditure, and reduce profits.

Increase in revenue: mainly achieved through product price increases or sales growth. In layman's terms, it means communicating with the sales department to increase sales targets or increase the unit sales price of the product.

Expenditure saving: It is digested through the control of product costs or non-rigid expenses. The main purpose is to improve the yield of products, or to reduce the cost of unit products through technological upgrading, improving labor productivity, etc. Need to communicate with production department, design department, purchasing department and suppliers to achieve cost savings. Non-rigid expenses are mainly expenses such as travel expenses and business entertainment expenses that can be saved through management and control. Finance can be rigidly controlled through budgetary means.

Profit reduction: The impact of this factor on profits is raised to the board of directors. It is a rigid expense that has been controlled, but the original profit target cannot be achieved. The profit target needs to be reduced to benefit the company. long-term development.

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