The salary amounted to 10,000.00 rubles. The limit amount is = 8,700.00 * 0.2 = 1,740.00 rubles. Postings withholding the loan from the salary of Vasilkova A.A.: Dt Ct Amount, rub. Description of transaction 26 70 10,000.00 Wages accrued 70 68 1,300.00 Personal income tax withheld 70 73.1 1,500.00 Withholding for loan repayment At the request of the employee At the request of the employee, the manager may withhold the necessary amounts from wages, but the manager may also refuse in such holds. At the same time, the amount of deductions at the request of the employee is not limited. Deduction from wages at the request of an employee posting: Dt Kt Description of transaction 70 76 Amount withheld at the request of an employee Let's look at an example: Employee Vasilkov A.A. wrote an application to withhold union dues in the amount of 2%. The salary amounted to 10,000.00 rubles.

Personal income tax withheld from wages - posting

• tax deduction;
• resident or non-resident status.

• their income is subject to a personal income tax rate of 13%;
• belong to the category of disabled people (disabled people), Chernobyl survivors, veterans, relatives of disabled people and veterans, parents with children under 18 years of age and others;
• their income, cumulatively since the beginning of the year, does not exceed 280,000 rubles.

For residents, the personal income tax rate is 13%, and for non-residents - 30%. A non-resident who resides in the country for more than 183 days becomes a resident.

A tax deduction is an amount by which the taxable amount or tax base can be reduced. There are many types of tax deductions; let’s look at the standard type of tax deduction as an example.

Accounting entries for withholding personal income tax from wages

Attention

Then you need to make a posting Debit account 76 “Settlements with various debtors and creditors” - Credit account 68-NDFL. Personal income tax withheld from the amount of dividends: posting When withholding personal income tax from the amount of dividends paid, the postings will depend on whether the recipient of the dividends is an employee of the organization or not.

Situation Posting The recipient of dividends is an employee of the company paying dividends Debit of account 70 - Credit of account 68-NDFL The recipient of dividends is not an employee of the company paying dividends Debit of account 75 “Settlements with founders” - Credit of account 68-NDFL Personal income tax is transferred to the budget: posting Regardless In order to determine from which income (salaries, dividends, etc.) personal income tax is transferred to the budget, a posting is drawn up: Debit of account 68-NDFL - Credit of account 51 “Current accounts”. Subscribe to our channel in Yandex.

Accounting for deductions from wages: postings and examples

Return to Personal Income Tax Withholding The calculation and withholding of personal income tax is accompanied by the implementation of the corresponding entries in accounting.

The article provides a table with entries for calculating tax payable, as well as examples of calculating personal income tax on dividends, interest on a loan and employee wages.
After considering this topic, we will deal with personal income tax reporting. Postings for personal income tax To account for personal income tax, account 68 “Calculations for taxes and fees” is used, on which the “personal income tax” subaccount is opened.

When calculating personal income tax for payment to the budget, it is reflected on the credit account. 68 in correspondence with the income accounts of an individual. Tax payment is reflected in the debit of account 68. Postings for the withholding and payment of personal income tax: Debit Credit Name of transaction 75 68 Personal income tax withheld from dividends of founders and shareholders.

70 68 Personal income tax withheld from employees' wages.

Add to favoritesSend to mail Personal income tax withheld - the entry reflecting this operation is contained in correspondence with account “68” - an account that characterizes the recipient of the payment, as well as its type. What kind of payments there are and how to reflect the tax withholding from them in accounting will be discussed in our article.

What does it mean to withhold personal income tax from wages? On what payments can personal income tax be withheld? Which entry reflects the withholding of personal income tax? Results What does it mean to withhold personal income tax from wages?

Examples of personal income tax calculation

In accordance with paragraph 4 of Art. 226 of the Tax Code of the Russian Federation, companies are forced to withhold (in other words, withdraw) tax when they make payments in favor of an employee. Art. 217 of the Tax Code of the Russian Federation consists of a list of transactions exempt from taxation. For tax exemption, see

Personal income tax withheld (accounting entry)

Personal income tax (Tax Code of the Russian Federation, Part 2, Chapter 23, Article 210) Download tax explanations on standard tax deductions (Tax Code, Russian Federation, Part 2, Chapter 23, Article 218) Download tax explanations on standard tax deductions (Tax Code, Russian Federation, Part 2, Chapter 23, Article 218) Download tax explanations on social tax deductions (TC, RF, part 2, chapter 23, article 219) Download tax explanations on investment tax deductions (TC, RF, part 2, chapter 23, article 219.1) Download tax explanations on the personal income tax declaration ( Tax Code, Russian Federation, Part 2, Chapter 23, Article 229) Postings for withholding personal income tax on dividends Amount Debit Credit Name of transaction 50000 84 75 Dividends accrued to Ivanov 4500 75 68 Dividend tax withheld 45500 75 50 Dividends paid to Ivanov 4500 68 51 Tax payable, transferred to the budget Example of calculating personal income tax on interest received on a loan The company received a short-term loan from Ivanov I.A. in the amount of 200,000 rubles.

Personal income tax postings

We will calculate the amount of tax to be withheld and make accounting entries. KBK personal income tax for employees 2017 personal income tax amount = (47000 – 1400) x 13% = 5928 rubles.
There are 41,072 rubles left to hand over to Pankratov. Postings:

• D 44 K 70 for 47,000 rubles. – earnings for January have been accrued.
• D 70 K 68.1 for 5928 rub. – personal income tax withholding is reflected.
• D 70 K 50 for 41072 rub. – reflects the cash payment of earnings from the company’s cash desk.
• D 68.1 K 51 for 5928 rubles. – the tax amount has been transferred to the budget.

Let's add the conditions of the example. Suppose Pankratov I.M. provided a loan to his organization in the amount of 150,000 rubles. with interest payment in the amount of 8,000 rubles. We will charge personal income tax on interest at an estimated rate of 13%. Personal income tax amount = 8000 x 13% = 1040 rubles. Postings:

• D 50 K 66 for 150,000 rubles. – the loan is reflected.
• D 91 K 66 for 8000 rubles.

Posting when deducting personal income tax from wages

Dt - 51 “Current accounts” Kt - 66 “Settlements on the principal debt” - 500,000 rubles.

• The interest on the loan for the month was calculated: Dt - 91 subaccount “Other expenses” Kt - 66 subaccount “Interest calculations” - 4931.51 rubles.
• Personal income tax is withheld from the amount of interest on the loan: Dt - 66 subaccount “Calculations of interest” Kt – 68-1  641.1 rub.
• Interest was paid on the loan while withholding personal income tax: Dt - 66 subaccount “Calculations of interest” Kt - 51 - 4290.41 rubles.
• The amount of personal income tax payable has been transferred to the budget: Dt - 68-1 Kt - 51 - 641.1 rub.
• An example of calculating personal income tax on wages Unlike other types of income, the amount of tax on personal income from earnings is influenced by the following factors:

• the amount of wages, benefits, bonuses, vacation pay, etc.

What is the wiring if personal income tax is withheld

In some cases, the amount of deductions may be increased. For example, deductions based on writs of execution. These deductions are subject to a 70% limit:

• On alimony for minor children;
• Compensation for damage caused to health, death of the breadwinner;
• Compensation for criminal damage.

Also, when calculating deductions, you should take into account:

• If the amount of mandatory deductions exceeds the limit (70%), then the amount of deductions is distributed in proportion to the mandatory deductions.

  
  No other deductions are made;

• The amount of limitation on deductions initiated by the employer is 20%;
• At the request of the employee, the amount of deductions is not limited.

An example of calculating deduction from wages In the name of employee Vasilkov A.A.

• Financial assistance over 4000 rubles. employee, 50,000 rub. at the birth of a child.
• Income in kind.
• Dividends.
• Credit interest.
• Payments for material benefits (the procedure for determination in Article 212 of the Tax Code).

Personal income tax is withheld - posting is carried out in various ways, examples are given below. The credit of the account will always be 68, the debit changes depending on the types of deduction. Analytical accounting is carried out according to tax rates, employees, and payment grounds. Personal income tax – postings:

• Personal income tax is withheld from wages - posting D 70 K 68.1 is carried out when making payments to employees employed under employment contracts.

Personal income tax at a rate of 13%, since Vasilkov A.A. is a resident. Postings for mandatory withholding of personal income tax: Dt Ct Amount, rub.

Description of the transaction 26 70 30,000.00 Wages accrued 70 68 3,900.00 Personal income tax withheld According to writ of execution The amount according to the writ of execution is withheld from wages, taking into account personal income tax. The amount of additional expenses under the writ of execution (for example, transfer fees) is debited from the employee.

Let's look at an example: Employee Vasilkov A.A. wages were accrued in the amount of 20,000.00 rubles, of which 25% was withheld according to the writ of execution. Amount of deduction under the writ of execution = (20,000.00 – 13%) * 25% = 4,350.00 rub.

Deduction from wages of Vasilkov A.A. According to the writ of execution, it is reflected by the posting: Dt Kt Amount, rub.

ACCOUNTING NDFL

As you know, any facts of the economic life of an economic entity, its assets and liabilities, along with income, expenses and sources of financing activities are objects of accounting and must be reflected in this accounting.
Amounts of personal income tax are no exception - personal income tax amounts calculated and paid to the budget must also be reflected in accounting.
You will learn about which accounting accounts the personal income tax amounts should be reflected in from the material below.

Payers of personal income tax (hereinafter referred to as personal income tax), in accordance with Article 207 of Chapter 23 of the Tax Code of the Russian Federation (hereinafter referred to as the Tax Code of the Russian Federation), are recognized as individuals who are tax residents of the Russian Federation, as well as persons who are not tax residents of the Russian Federation, but receive income from sources in the Russian Federation.
The organization from which or as a result of relations with which the taxpayer received income is called a tax agent and is obliged to calculate, withhold from the taxpayer and pay the amount of personal income tax to the budget (clause 1 of Article 226 of the Tax Code of the Russian Federation).
Tax agents are required to withhold the accrued amount of personal income tax directly from the taxpayer’s income upon actual payment.

Postings for withholding and transferring personal income tax

In the Letter of the Federal Tax Service of April 29, 2016 No. BS-4-11/7893 “On the taxation of income of individuals” it is concluded that the tax amount calculated at the end of the month is withheld from the taxpayer by the tax agent from the income when they are paid at the end of the month, in in which the income taken into account when determining the tax base on an accrual basis was received, that is, on the last day of the month or the next month.
When paying a taxpayer income in kind or receiving income in the form of a material benefit, the tax agent withholds the calculated amount of tax from any income paid by him to the taxpayer in cash.

The tax agent withholds the accrued amount of tax from the taxpayer at the expense of any funds paid by the tax agent to the taxpayer upon actual payment of these funds to the taxpayer or on his behalf to third parties. In this case, the withheld tax amount cannot exceed 50 percent of the payment amount. To account for accruals and transfers of personal income tax to the budget, forms of primary accounting documents are used, according to which accounting is kept. Let us recall that today organizations (with the exception of public sector organizations) on the basis of the Federal Law of December 6, 2011 No. 402-FZ “On Accounting” (hereinafter referred to as Law No. 402-FZ) have the right to use both independently developed forms of primary accounting documents and and unified.

Personal income tax: accounting account

Despite the fact that from January 1, 2013, the forms of primary accounting documents contained in albums of unified forms of primary documentation are not mandatory for use, these forms and the principles laid down in the Instructions for their use and completion remain in force and are actively used organizations are included as basic documents in many accounting programs, and are also required by control authorities when conducting inspections.

Personal income tax accrued (accounting entry)

Interest on the loan amounted to 10,000 rubles. Let's calculate the personal income tax in this example and make the necessary entries. A personal income tax rate of 13% is applied to income in the form of interest from a short-term loan.

Personal income tax = 10,000 * 13 / 100 = 1,300 rubles. Postings for withholding personal income tax on interest on a loan Amount Debit Credit Name of transaction 200,000 50 66 Short-term loan received from Ivanov 10,000 91 66 Interest accrued for using the loan 1300 66 68 Personal income tax accrued on interest 208,700 66 50 Borrowed funds returned including interest 1300 68 51 The tax payable is transferred to the budget Example of calculating personal income tax from wages Ivanov’s salary was calculated taking into account a bonus in the amount of 30,000 rubles. Ivanov has the right to a deduction of 500 rubles, and he also has one child.

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0 likes dislike accounting personal income tax personal income tax tax code of the Russian Federation Federal Tax Service of Russia debit 7971 accounting personal income tax Any operation carried out by an organization in the course of business activities must be reflected in accounting. Amounts of personal income tax are no exception, that is, personal income tax amounts calculated and paid to the budget must also be reflected in accounting.

Personal income tax postings

You will learn about which accounting accounts the personal income tax amounts should be reflected in from the material below.

Accounting for personal income tax payments, postings, examples

Then don’t you think that, by analogy with PBU 18/2, we are dealing with temporary differences and a deferred tax liability for personal income tax? But unlike income tax, the situation with deferred personal income tax is not regulated in any way by any rules or standards. Question: why create confusion and divide one single business transaction into two that do not exist separately from each other? After all, it is clear that in the absence of an object of taxation (that is, income received by taxpayers - see Article 209 of the Tax Code of the Russian Federation), there can be no talk of tax! This means that the source of personal income tax can only be the income of the taxpayer, only the operation of withholding tax from this income. The rule is the same for accounting and tax accounting: no income - no tax, but if there is income, tax is calculated by withholding from this income.

Accounting for personal income tax payments (postings). examples of personal income tax calculation.

It is paid either at the end of the calendar year or quarterly in the form of advance payments (if any) to the local budget. It is better to consider the tax as part of other expenses. Reflected by wiring:

• Debit 91.2 Credit 68 “Property”.

Example: An organization must transfer an advance payment for property tax for the second quarter in the amount of 27,545 rubles. Postings for the transfer of property tax: Account Dt Account Kt Description of the posting Amount of the posting Document-basis 91.2 68 “Property” Advance payment for property tax accrued 27,545 Accounting statement-calculation 68 “Property” 51 Advance payment transferred 27,545 Ref.

Paying taxes - how to reflect them in accounting entries

In such a situation, the organization itself must determine on which accounting accounts the personal income tax amounts will be taken into account, and consolidate the chosen procedure in the accounting policy order. In accounting, operations related to personal income tax calculations are carried out in accordance with the Instructions for the application of the Chart of Accounts for accounting of financial and economic activities of organizations, approved by Order of the Ministry of Finance of Russia on October 31, 2000 No. 94n “On approval of the Chart of Accounts for accounting of financial and economic activities of organizations and Instructions on its application" (hereinafter referred to as the Chart of Accounts). To summarize information about settlements with budgets for taxes and fees paid by an organization, account 68 “Calculations for taxes and fees” is intended.

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We will not consider payroll calculations in detail, but will analyze the entries that are generated in accounting after the calculations are completed for each employee.

Stages of work on payroll accounting in an organization:

• payment of personal income tax and contributions.

To record all transactions related to wages, account 70 “Settlements with personnel for wages” is used. The credit of this account reflects accruals, the debit - personal income tax, other deductions and salary payments. Postings for payroll, deductions, personal income tax and insurance contributions are usually made on the last day of the month for which wages are accrued. Postings for salary payments and personal income tax and contributions are made on the day of the actual transfer (issue) of funds.

Payroll

Wage expenses are written off against the cost of production or goods, therefore the following accounts correspond to account 70:

• for a manufacturing enterprise - 20 account “Main production” or 23 account “Auxiliary production”, 25 “General production expenses”, 26 “General (administrative) expenses”, 29 “Servicing production and facilities”;
• for a trading enterprise - account 44 “Sales expenses”.

The wiring looks like this:

D20 (44.26,...) K70

This posting is made for the total amount of accrued salary for the month, or for each employee, if accounting on account 70 is organized with analytics for employees.

Salary deductions

Deductions from salary reduce the amount of accruals and go through the debit of account 70. As a rule, all employees have one deduction - personal income tax. Here account 70 corresponds with account 68 “Calculations for taxes and fees”, posting:

D70 K68

In postings for other deductions, the credit account changes depending on where it goes. For example, when withholding under a writ of execution in favor of a third party, account 76 “Settlements with various debtors and creditors” is used, posting:

D70 K76

Calculation of insurance premiums

Account 70 is not included in postings for insurance premiums, because they are not accrued to employees and are not deducted from their salaries.

Insurance premiums are included in the cost of production, i.e. pass through the debit of accounts 20 (26,29,...) or 44 in correspondence with account 69 “Calculations for social insurance and security”. 69 accounts usually have subaccounts for each contribution. Wiring:

D20 (44, 26, …) K69

Payment of wages

After the salary is accrued on the credit of account 70, and personal income tax and other deductions are withheld on the debit of account 70, the remainder is paid to the employees. Payment can be made either from the cash register or through a bank (money is transferred to the accounts of employees from the organization’s current account), i.e. Account 70 corresponds either with account 50 “Cashier” or with account 51 “Current Account”, posting:

D70 K50(51)

Transfer of personal income tax and contributions

No later than the day following the day of salary payment, the organization is obliged to pay personal income tax. Insurance premiums, including insurance premiums, are paid by the 15th of the following month. Payment is made from the current account (account 51), the debt to the Federal Tax Service and funds is closed (accounts 68 and 69). Postings:

D68 K51 - personal income tax paid

D69 K51 – fees paid

Example of payroll with postings

Employees were paid salaries for March 2019, personal income tax was withheld, and insurance premiums were calculated. Accounting for account 70 is carried out without analytics for employees, for account 69 - with subaccounts for each contribution. Expenses for salaries and contributions are included in account 20.

04/10/2019 - salary paid, personal income tax paid,

04/15/2019 - insurance contributions to the Pension Fund, Federal Migration Service, and Social Insurance Fund were paid.

Contributions:

• in the Pension Fund of Russia (22%) - 16,500 rubles
• to the Federal Migration Service (5.1%) - 3,825 rubles
• FSS (2.9%) - 2,175 rubles
• FSS injuries (0.9%) - 675 rubles

Postings for all operations:

date	Wiring	Sum	Contents of operation
31.03.2019	D20 K70	75 000	Salary accrued
	D70 K68.NDFL	9 750	Personal income tax withheld
	Insurance premiums charged:
	D20 K69.pfr	16 500	- to the Pension Fund of Russia
	D20 K69.fms	3 825	- to the FMS
	D20 K69.fss1	2 175	- in the Social Insurance Fund (temporary disability)
	D20 K69.fss2	675	- in the Social Insurance Fund (injuries)
10.04.2019	D68.NDFL K51	9 750	Personal income tax listed
	D70 K50	65 250	Employees' salaries were paid from the cash register
15.04.2019	Insurance premiums listed:
	D69.pfr K51	16 500	- to the Pension Fund of Russia
	D69.fms K51	3 825	- to the FMS
	D69.fss1 K51	2 175	- FSS (temporary disability)
	D69.fss2 K51	675	- FSS (injuries)

Keeping accounting records in the online service Kontur.Accounting is convenient. Quick establishment of a primary account, automatic payroll calculation, collaboration with the director.

As you know, after calculating personal income tax, it is necessary to make the appropriate entries in accounting. Personal income tax is deducted before the salary is paid, so employees receive the amount in their hands, taking into account the reduction made. Responsibility for carrying out this operation lies with the employer. When personal income tax is withheld from wages, the posting must also be made at the appropriate time so as not to violate the established procedure.

Features of tax calculation

The main types of income for which personal income tax must be withheld are all kinds of accruals under an employment and civil service agreement. This list includes not only direct wages, but also bonuses, allowances, and some compensation received. Special formulas are used to calculate payments.

However, personal income tax postings are made in the following situations:

• when calculating salaries;
• when deducting tax;
• when issuing wages;
• after transferring the personal income tax amount to the budget.

If an organization has employees who are periodically sent on business trips, they are entitled to appropriate travel allowances, which are also taxed (subject to the legal limit).

So, after deduction of personal income tax, the posting is completed in accordance with the appropriate procedure.

In the situation with travel expenses, several types of postings are provided:

• when issuing an advance to an employee for travel expenses;
• when calculating expenses;
• if personal income tax is assessed on amounts for business trips that exceed the norm;
• After the personal income tax is transferred to the budget, the posting is also done.

If you purchase any services from an individual, you may also need to make tax payments. In this case, the organization must deduct the appropriate amount and provide the seller with funds, taking into account the payment of personal income tax. In such a situation, wiring is also done:

• when the product or service was purchased from an individual;
• posting when withholding personal income tax;
• when transferring personal income tax to the budget;
• when transferring the amount for services or goods to the seller.

When personal income tax has been charged on the amount, the posting of its deduction and transfer to the treasury is mandatory. After all, entities that transfer income to individuals, as a general rule, simultaneously become tax agents. Accordingly, their responsibilities include withholding and remitting tax payments.

Postings and accounts

After personal income tax is calculated, postings are made according to Kt account 68, if we are talking about withholding. For debit turnovers there is a different numbering:

• for payment of dividends to shareholders and founders - account 75;
• when withholding tax from wages – 70;
• if we are talking about material assistance – 73;
• for deductions from civil law income – 76;
• for short-term loans from individuals – 66;
• long-term loans – 67;

When transferring the total personal income tax to the budget - Dt 68 and credit turnover on the 51st account.

Payroll postings are typically made on the last day of the month. If we are talking about other income, then postings are made on the same day. This accounting manipulation is mandatory and is reflected in the relevant registers. Account identification numbers are also always used to make documentation and reporting clear.

The implementation of such operations is prescribed by law and is mandatory for various organizations and individual entrepreneurs paying income to individuals. It is important to consider that personal income tax can be withheld not only from the wages that employees receive, but also from other income received and payments made. For example, when purchasing a service or product from an individual.

Below we will analyze the procedure for calculating personal income tax using specific examples. In addition, we present the entries that will need to be made in accounting.

You can read about personal income tax.

Income tax payers are individuals; for some types of income you will have to calculate the tax yourself, as well as fill out a declaration in Form 3-NDFL yourself and thereby report to the tax office.

For other types of income, the employer will calculate income tax; for example, personal income tax on wages must be withheld and paid by the employer. In this case, no action is required from the taxpayer (employee) himself.

Examples of personal income tax calculation

An example of calculating personal income tax from employee wages

Every working individual receives monthly income in the form of wages, however, an individual does not independently calculate and pay personal income tax from wages. This is due to the fact that the responsibility for calculating and paying personal income tax on wages falls on employers, who in this case act as tax agents. The employee receives a salary minus tax.

Having calculated the salary, the accountant determines the due amount for the employee, subtracts deductions from the salary, and the tax is calculated from the resulting difference.

Example:

Toropov received a salary for January 2015 in the amount of 30,000 rubles. He has one child. Let's calculate the personal income tax that the employer must pay on Toropov's salary.

Since Toropov has one child, he is entitled to a standard tax deduction of 1,400 rubles.

Personal income tax = (30000 – 1400) *13% = 3718 rub.

Toropov’s salary in hand = 30,000 – 3,718 = 26,282 rubles.

Postings for accounting for personal income tax from salary:

• D44 K70 in the amount of 30,000 - Toropov’s salary accrual for January 2015 is reflected.
• D70 K68.NDFL in the amount of 3718 - personal income tax is withheld from accrued salaries.
• D70 K50 - in the amount of 26282 - wages were paid to Toropov.
• D68.NDFL K51 – the amount of tax is transferred to the budget.

Please note that to reflect the amount of personal income tax, account 68 is used, in which a separate sub-account is opened. The debit of account 68 reflects the transfer of tax, and the credit reflects its accrual for payment.

An example of calculating personal income tax on dividends:

If an individual has a share in the authorized (share) capital of an organization, then he has the right to receive income in the form of dividends. Dividends are calculated from the organization's net profit.

Personal income tax on dividends must be withheld by the organization paying them. That is, this organization acts as a tax agent. An individual must receive the dividend amount minus tax.

Since 2015, a rate of 13% has been applied to dividends (previously the rate was 9%).

Example:

Toropov received dividends in the amount of 30,000 rubles. Let's calculate personal income tax on dividends.

Personal income tax = 30000 *13% = 3900.

Dividends receivable = 30,000 – 3,900 = 26,100.

Postings for accounting for personal income tax on dividends:

• D84 K75 in the amount of 30,000 - dividends were accrued to Toropov for participation in the authorized capital of the company.
• D75 K68.NDFL in the amount of 3900 - the amount of tax on dividends was withheld.
• D75 K50 for 26100 – dividends were paid to Toropov in cash.
• D68.NDFL K51 for 3900 – the amount of tax is transferred to the budget.

An example of calculating personal income tax on a loan

Tax is imposed on income received in the form of interest from the transfer of funds on credit.

Transactions with personal income tax in modern accounting and tax accounting are carried out without fail when paying income to individuals. Let us consider in more detail what transactions are generated when accruing, withholding and transferring personal income tax.

Personal income tax accrual is reflected in transactions

Today, the basis for personal income tax is certain types of income. These are basic and additional wages, amounts of sales or leasing, rental payments for movable, immovable property and other material assets that are the property of an individual, work performed and services provided, dividends from participation in capital, income from deposits and other receipts. The main points of personal income tax accounting should be considered separately.

Personal income tax is quite rightly called one of the most specific deductions. Its features are that the basis for calculating tax is the entire income of an individual, and the payers as tax agents are legal entities.

The accounting department accountant enters the following entries into the business transactions journal for the calculation of personal income tax for payment to the budget, depending on the specifics of the formation of income amounts:

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№	Content	Dt	CT	Primary document
1	Personal income tax under GPC agreements	76	68	GPC agreement
2	Personal income tax on interest on short-term loans from individuals	66	68	Loan agreement
3	Personal income tax from salary	70	68	Tax accounting register
4	Personal income tax when renting premises from a company employee	76	68	Lease contract
5	Personal income tax on financial assistance to an employee	73	68	Employee statement
6	Personal income tax on dividends	75	68	Protocol
7	Personal income tax on interest on long-term loans from individuals	67	68	Loan agreement

We correctly reflect personal income tax withholding from wages

The main task of an accountant in the accounting department of an enterprise is the correct calculation of earned income, vacation pay, sick leave, night pay, compensation payments, various allowances, financial assistance and the accurate deduction of tax from this income. Regulatory acts provide that taxable total income includes dividends, winnings, prizes, gifts, compensation for travel expenses exceeding the daily expense limit established by the state.

Personal income tax is calculated within the framework of clause 3 of Art. 225 of the Tax Code of the Russian Federation, which defines all types of charges subject to taxation. Tax rates are clarified in the Tax Code, Art. 224.

The calculation is made using a standard formula, where the total tax is multiplied by the tax base by the tax rate:

• Personal income tax = (salary - SV) * tax rate

where ZP is the amount of income received, rub.; SV - standard deductions, rub.

For example, in October 2016, salesman Anisimov worked for a whole month and his income amounted to 35,000 rubles. At the same time, he has the right to a standard benefit (deduction) for a five-year-old son in the amount of 1,400 rubles. based on the submitted application and a copy of the child’s birth certificate.

An enterprise, in the role of a tax agent, calculates the amount of tax and, no later than the day following the day of payment of income, transfers it to the budget. The tax calculation will be as follows:

• Tax amount = (35,000 - 1,400) * 0.13 = 4,368 rubles.

The business journal will contain the main entries:

We prepare transactions for the transfer of personal income tax

Nowadays, the state clearly sets deadlines and methods for introducing accrued amounts into the budget. It is mandatory to transfer the entire amount of accrued tax to the budget settlement account on the day of payment of wages or no later than the next day after the payment of wages or other income to an individual. The wiring looks like this:

1. Dt 68 Kt 51. The documentary basis is the payment order and bank statements.
2. Dt 68 Kt 50. Cash order, cash book, bank receipt.

In this case, the tax payment process can be combined. The transfer is made in cashless form from a current account, or in some situations, money can be deposited into a budget account in cash through the bank's cash desk.

Sample tax payment order:

In 2016, a new form of personal income tax report 6 was introduced, which provides a summary of data on a legal entity. The company uses this form to report in terms of the total amount of money paid to employees, the total tax deduction, the rate and personal income tax paid from the income of the company's employees.