General taxpayers, how to account for food and beverage tax exemption?

General taxpayers, how to account for food and beverage tax exemption?

Ministry of Finance? Announcement of State Taxation Administration of The People's Republic of China on Supporting Tax Policies for Prevention and Control of Pneumonia Infection in novel coronavirus (Ministry of Finance? Article 5 of State Taxation Administration of The People's Republic of China Announcement No.8, 2020 stipulates that the income obtained by taxpayers from providing life services shall be exempted from value-added tax. The specific scope of living services shall be implemented in accordance with Notes on Sales Services, Intangible Assets and Real Estate (Caishui [2065438+06] No.36). Life service refers to all kinds of service activities provided to meet the daily needs of urban and rural residents, including cultural and sports services.

Debit: Accounts Receivable Loan: Taxes payable on main business income-VAT payable (output tax) Debit: Accounts Receivable Loan: Accounting entries of life service industry exempted from VAT during the popular period of main business income: Taxes payable-VAT payable: Input tax transferred from other income/non-operating income: Costs of main business/raw materials and other loans: Taxes payable-VAT payable (transferred input tax)

How to enter the catering invoice?

1. catering invoices can be included in "travel expenses"

Some employees are subsidized in cash on business trips, and some are reimbursed according to the catering invoices generated during business trips. Food and beverage invoices during employees' business trip should be reasonably divided: food and beverage invoices incurred during employees' business trip should be included in "business entertainment expenses"; If it is the consumption within the subsidy standard during the personal business trip, it should be included in the "travel expenses".

2 catering invoices can be included in the "business hospitality"

Business entertainment expenses refer to the entertainment expenses paid by enterprises for business needs, also known as entertainment expenses, which mainly include catering, cigarettes, water, food and normal entertainment activities. , including business negotiations, product promotion, external liaison, public relations communication, conference reception, guest reception and other expenses. , such as hospitality, yancha for entertainment, transportation expenses, etc.

3. Catering invoices can be included in "employee benefits"

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 Shui Fa [2009] No.3): "III. Deduction of employee compensation The employee compensation stipulated in Article 40 of the Implementation Regulations includes the following contents:

(1) Equipment, facilities and personnel expenses incurred by welfare departments in enterprises that have not yet independently implemented social functions, including equipment, facilities and maintenance expenses of staff canteens, staff bathrooms, barbershops, infirmary, nurseries, sanatoriums and other collective welfare departments, as well as wages and salaries of staff in welfare departments, social insurance premiums, housing accumulation funds, labor expenses, etc.

(2) Subsidies and non-monetary benefits in health care, living, housing and transportation. Employees, including medical expenses paid by enterprises to employees on business trips in different places, medical expenses of employees in enterprises that have not implemented medical co-ordination, medical subsidies for employees to support their immediate family members, heating subsidies, heatstroke prevention and cooling expenses for employees, subsidies for employees' difficulties, relief funds for employees' canteens, and transportation subsidies for employees.

(3) Other employee welfare expenses incurred in accordance with other regulations, including funeral subsidies, pension expenses, settling-in expenses, family leave travel expenses, etc. "

Divided by the above, it should be included in the employee welfare expenses. In the daily practice of enterprises, it often happens that employees have dinner on holidays, and all the people who participate in catering activities are employees. In addition, there are employees who work or work overtime in other places. Because it is inconvenient for employees to eat, enterprises provide working meals to employees, which should be included in welfare expenses. This is about employees, not outsiders. The expenses for entertaining outsiders are included in the entertainment expenses.

4. The catering invoice can be included in the "conference fee"

Enterprises often hold various meetings and invite some customers, suppliers and employees to attend. As conference expenses, it must include transportation, accommodation, catering and so on. For the meeting, there will be a catering invoice in the conference fee. Pre-tax deduction is no problem, but generally meeting notice and other meeting-related materials (including meeting time, meeting arrangement and meeting content) are needed to prove the authenticity of meeting fees.

5. Is it necessary to pay personal income tax for meal supplement?

How to calculate the tax exemption for general taxpayers and restaurants,