How to make accounting entries for labor expenses?

The accounting entries of labor costs are introduced as follows:

1. Service fee income received

Borrow: cash (or bank deposit)

Loan: other business income (or main business income)

2. Labor costs incurred

Debit: other business expenses (or main business costs)

Loan: bank deposit (or salary payable, etc.). )

Step 3 raise taxes

Debit: other business expenses (or main business taxes and surcharges)

Loan: Taxes payable-business tax and urban construction tax.

Loan: other payables-education surcharge

4. Carry-over tax

Debit: this year's profit

Loan: other business expenses (or taxes and surcharges for main business)

How much is the personal income tax on labor costs?

Personal income tax on labor costs refers to the income obtained by individuals independently engaged in various non-employment services. It differs from wages and salaries in that labor remuneration is the income obtained by independent individuals engaged in freelance work, while wages and salaries belong to non-independent individual labor activities. In other words, there is a relationship between employment and employment in the remuneration obtained by institutions, enterprises and institutions for their services and employment.

Labor fee tax law stipulates

1. Individuals shall pay personal income tax for income from remuneration for labor services. Taxable amount = (labor remuneration income-expense deduction) * tax rate.

2. Personal income tax payable for labor remuneration items shall be withheld and remitted by the payer. Withholding agents shall pay taxes to their competent tax authorities in accordance with the provisions of the tax law.

3, accounting issues. According to the accounting system, tax law and relevant laws and regulations, the labor costs paid by enterprises do not constitute the total wages, and should be included in the subject of "management costs-labor costs", excluding employee welfare funds, trade union funds and employee education funds, and do not pay various social insurance premiums and housing accumulation funds. When calculating the payable enterprise income tax, the service fee should be deducted according to the facts within the service fee deduction standard stipulated by the local tax authorities (note that it is not a wage standard, such as taxable wage standard, etc.). ).