Reform of tax options: rent a car or allowance
in recent years, in part due to corporate reform the system, used a car offering various forms of compensation: in cash directly to grant, within the limits and truly claim car expenses, unit anti-rent the individual vehicle paying rental fees (so-called public private cars), unit pay vehicle to the vehicle using the related costs in the process.
Existing domestic enterprises tax deduction of wages for 1600 Yuan per person per month, and who can enjoy such official car subsidy if their total wages per unit (not including bumper stickers cost) exceeded that of the taxable wage base, car stickers accordingly charged the payroll cannot be effective before the income-tax deduction. Example: auspicious company 2007-free car sticker costs total wage level was 8.1 million Yuan, when senior management in the enterprise for 20 car stickers to cover 1 million Yuan. When the taxable wages deducted from the quota of 8 million Yuan. Account when preparing accounts, car sticker costs included in the management fee will be deducted separately. If the file (internal revenue service letter (2007), No. 305) stipulates that enterprises should pay enterprise income tax amount of 330,000 yuan. How to find a car sticker cost of 1 million Yuan income tax increases as low as possible, pay less corporate income tax?
Scenarios are as follows: auspicious company can calculate the actual costs incurred, and that there are no costs incurred before the reform. Assumed to be 800,000 yuan (200,000 yuan depreciation of vehicles and 600,000 yuan from using fees), you can find a car rental company car rental agreement, yearly rental fee of 200,000 yuan, 600,000 yuan for use as vehicles for budget control, expenditures overexpenditure filling method. Remaining 200,000-yuan car sticker into the corresponding wage content assign. So after tax planning and good company can pay less corporate income tax to 264,000. According to the internal revenue service letter (2007) document No. 305 requirements, fluorine plastic pump is a boon for many large private companies in the Midwest: employees of such enterprises, overall wage levels from the taxable wage falls far short of 1600 Yuan per person per month, for such enterprises, car stickers charged more cost-effective payroll accounting. Because the tax deduction of wages does not exceed standards, car sticker costs included salary can increase workers ' benefits and employee education expenses deducted base, reducing corporate income taxes. Assumptions in respect of current year tax deductible limits for 10 million Yuan. Account when preparing accounts, car sticker costs included in the management fee will be deducted separately. If you press file internal revenue service letter (2007) Regulation No. 305, the issuance of enterprise wage bill of 810+100=910 million, vehicle maintenance
Did not exceed the tax wage deductions for standard, 2007-deductions for employee benefit costs and workers ' education requirements also correspondingly increase over the original 100x (14%+1.5%) = 155,000 yuan, thus saving more than the original enterprise income tax for 51,150.
Thus, for implemented meter tax wage system of enterprise, if not containing car posted of payroll is greater than meter tax wage, for reduced enterprise income tax tax, enterprise should used car rental way will rental fee directly meter into costs deal; if not containing car posted of payroll is less than meter tax wage, and will car posted also meter into payroll Hou still is less than meter tax wage, so can by IRS letter (2007) No. 305, of provides will issued car posted meter into wage, and while meter mention Workers Welfare fee and education funding, conducive to reduced enterprise income tax tax. Integrated two taxes corporate income tax and personal income tax, corporate income tax, when releasing the car sticker, enter cost of 800,000 yuan to enjoy wage deduction treatment; and car, cost 800,000 yuan is the official cars, can be fully credited in the administrative expenses and no deduction limit. Weak
For implemented meter tax wage system of enterprise, if not containing car posted of payroll is greater than meter tax wage, for reduced enterprise income tax tax, enterprise should used car rental way will rental fee directly meter into costs deal; or by IRS letter (2007) No. 305, of provides will issued car posted meter into wage, and while meter mention Workers Welfare fee and education funding, conducive to reduced enterprise income tax tax.
For the purposes of personal income tax: bumper stickers you can deduct provincial Government determines the rates of payment, be the taxpayer's share of this amount (we are considering here is the provincial government based on personal needs amount to confirm), itself does not have income, or even a tax, but over their units incorporated in part to wages and salaries paid in tax. Rental car reimbursement fees, units can still be other names of 200,000 yuan subsidies to individuals, amounts to personal wages unchanged at this time, so there is no personal income tax changes.