How to pay for company group travel

The expenses of the company's collective travel can be directly recorded in the "management expenses and other expenses and welfare expenses".

The company organizes employees to travel, and the travel expenses should be included in the administrative expenses-employee welfare expenses. Because employee travel has nothing to do with production and operations, the expenses cannot be deducted before tax, and the taxable income will be increased during the final settlement. For enterprises that have not implemented the separation of social functions, the equipment, facilities and personnel expenses incurred by the internal welfare department include facilities and maintenance costs and the wages and salaries of welfare department staff, social insurance premiums, housing provident funds, labor fees, etc.

Various subsidies and non-monetary benefits provided for employees’ health care, life, housing, transportation, etc., including the medical expenses paid by enterprises to employees for medical treatment outside the country, and bank employees of enterprises that do not implement medical coordination Medical expenses, medical subsidies for employees’ immediate family members, heating subsidies, employee heatstroke prevention and cooling expenses, employee hardship subsidies, relief funds, employee canteen fund subsidies, employee transportation subsidies, etc.

Pre-tax deduction standard for entertainment expenses:

The deduction shall be based on 60% of the amount incurred, but the maximum shall not exceed five thousandths of the current year’s sales revenue. If the current year’s sales revenue is 1,000 million, business entertainment expenses of 60,000 yuan were incurred. The calculation method is based on 60% of the entertainment expenses, but it does not exceed 5% of the income. If the entertainment expenses of 36,000 yuan do not exceed the income of 50,000 yuan, the enterprise will deduct 36,000 yuan from the entertainment expenses. When traveling or doing some business entertainment, gas fees are often incurred. So what subjects should gas fees be included in?

Car refueling fees (ordinary invoices) and car rental fees (value-added tax or freight settlement value-added invoices) are secondary subjects, including administrative expenses, business entertainment expenses, car expenses, travel expenses, etc. Management expenses or operating expenses, manufacturing expenses, etc. are included according to the use of the company's cars. For example, the expenses incurred by the vehicles used by managers are included in the management expenses; the expense invoices are included in the accounting review.