What is the accounting treatment of employee travel expenses?

What is the accounting treatment of employee travel expenses?

When the company organizes employee travel, it should be included in the accounting of "management expenses-welfare expenses", and its accounting entries are as follows:

Borrow: management fee-welfare fee,

Loan: wages payable to employees-employee welfare funds,

Borrow: Payable employee salaries-employee welfare funds,

Loan: bank deposit.

The employee travel incentives enjoyed by enterprise employees should be combined with the current wages and salaries, and personal income tax should be levied according to the items of "income from wages and salaries"; The employee travel rewards enjoyed by other personnel shall be regarded as the current labor income, and the personal income shall be assessed according to the item of "income from labor remuneration".

Tax treatment of travel expenses:

1. According to the relevant provisions of the Notice of State Taxation Administration of The People's Republic of China City, People's Republic of China (PRC) on Deduction of Wages and Salaries and Employee Welfare Expenses (No.3 [2009] of Guoshuihan), the employee welfare expenses that can be deducted before enterprise income tax do not include employee travel expenses.

2. According to the Regulations for the Implementation of the Individual Income Tax Law of the People's Republic of China, the forms of personal income include cash, physical objects, securities and other forms of economic benefits. It is "other forms of economic benefits" for the company to let employees travel for free, and personal income tax should be paid according to the income from wages and salaries.

Can employee travel expenses be deducted before tax?

First, the handling of general staff travel expenses

According to the following tax laws and regulations, employee travel expenses do not belong to the category of welfare expenses that can be deducted before enterprise income tax.

According to the Notice of State Taxation Administration of The People's Republic of China City, People's Republic of China (PRC) on Deduction of Wages, Salaries and Employee Welfare Expenses (Guo [2009] No.3), the employee welfare expenses that can be deducted before enterprise income tax do not include employee travel expenses. According to the tax law, employee travel expenses do not belong to the category of welfare expenses that can be deducted before enterprise income tax.

According to Article 10 of the Regulations for the Implementation of the Individual Income Tax Law of the People's Republic of China, the forms of personal income include cash, physical objects, securities and other forms of economic benefits. It is "other forms of economic benefits" for the company to let employees travel for free, and personal income tax is paid according to the income from wages and salaries.

Second, the reward of marketing personnel.

In commodity marketing activities, enterprises and units organize excellent marketing personnel to travel in the name of training courses, seminars and work visits. , and marketing performance awards (including physical objects and securities, etc.). For individuals, by exempting travel expenses and travel expenses, the expenses incurred shall be fully included in the taxable income of marketers, and personal income tax shall be levied according to law, which shall be withheld and remitted by the enterprises and units that provide the above expenses.

(1) Such rewards enjoyed by enterprise employees shall be merged with the current wages and salaries, and personal income tax shall be levied according to the items of "income from wages and salaries".

(two) such rewards enjoyed by the personnel of other units shall be regarded as the current labor income, and personal income tax shall be levied according to the item of "income from labor remuneration".

Policy basis: Supplementary provisions of the Notice of State Taxation Administration of The People's Republic of China of the Ministry of Finance on Individual Income Tax Policies for Enterprises to Provide Individual Rewards to Marketers by Freelance (Caishui [2004]11No.).