Can travel expenses be deducted before tax?

First, everyone’s share of travel expenses will be paid in the form of bonuses with their salary. Of course, individual income tax cannot be exempted (because even if it is not used as a bonus, individual income tax is required to be paid according to regulations, so no individual income tax will be incurred. (difference), and then organize a group tour and everyone pays according to their share.

According to the requirements of the current standards and systems, welfare fees no longer need to be accrued in advance. Instead, the expenses are calculated and recognized when they are actually incurred. At the same time, the employee compensation account payable is calculated, so it is calculated as welfare fees and accounts. The processing can be:

Debit: management expenses - employee welfare fees, etc.,

Credit: employee salary payable - welfare fees,

Debit: employee salary payable - Welfare fees,

credit: cash on hand, etc.

Then the employees’ travel expenses are collected and paid to the travel company, so that 14% of the total salary can be deducted before tax.