How much is the gift for paying the property fee?

How much is the gift for paying the property fee?

The expenses incurred by the property company in collecting property fees and buying gifts for the owners are included in the sales expenses, and all kinds of complex expenses incurred by the enterprise in the process of selling materials and providing services include insurance premium, packaging fee, exhibition fee, advertising fee, commodity maintenance fee, etc.

1. Accounting expenses are included in sales expenses. The tax law treats sales as sales, pays value-added tax and enterprise income tax, and withholds and pays personal income tax to the owner.

2. Specific items:

Debit: sales expenses

Loan: non-operating income

Loan: Taxes payable-VAT payable (output tax)

Loan: tax payable-enterprise income tax payable

Debit: the tax on other receivables shall be borne by the owner.

Borrow: sales expenses * * * The enterprise bears a tax.

Loan: taxes payable-personal income tax payable

Do you need to withhold and pay taxes for gifts?

According to the Notice of the Ministry of Finance of People's Republic of China (PRC), State Taxation Administration of The People's Republic of China, on Personal Income Tax Issues Concerning Enterprise Promotion and Exhibition Gifts (Cai Shui [2011] No.50), if an enterprise gives gifts to individuals in the process of selling goods (products) and providing services, personal income tax will not be levied under any of the following circumstances:

1. Enterprises sell goods (products) and provide services to individuals through price discounts and concessions;

2. Enterprises give gifts while selling goods (products) and providing services to individuals. For example, communication enterprises give individuals telephone charges and Internet access fees when purchasing mobile phones, or give them mobile phones when purchasing telephone charges;

3. Enterprises give gifts to individuals whose accumulated consumption reaches a certain amount according to consumption points.

According to the Announcement of State Taxation Administration of The People's Republic of China of the Ministry of Finance on Taxable Items of Personal Income (Announcement No.74 of State Taxation Administration of The People's Republic of China of the Ministry of Finance No.2019), enterprises randomly give gifts to individuals outside their own units in business promotion, advertising and other activities (including online red envelopes, the same below), and enterprises give gifts to individuals outside their own units in annual meetings, symposiums, celebrations and other activities. Personal income tax shall be calculated and paid according to the item of "accidental income" except for gifts such as consumer vouchers, vouchers, coupons, etc. There are price discounts or discounts given by enterprises.

Therefore, if an enterprise gives a gift to an individual, if it belongs to the discount, preferential treatment or consumption points exchanged when selling goods and providing services, it actually pays the gift, and the individual pays the consideration of the gift, so there is no need to pay a tax. If it is a gift other than selling goods and providing services, individuals do not need to pay the gift consideration, so enterprises need to withhold and pay taxes.