Bukh posting corporate income tax. Income tax transactions. Income tax transactions quarterly: example

Each taxation system has its own list of taxes, which taxpayers are required to list in deadlines... They are calculated based on the results: for some it is a month, for others it is a quarter, and for others it is a year. Some fees have upfront payments. Let's consider the main transactions for calculating taxes and their subsequent transfer to the budget.

VAT is charged at the end of the quarter. The amount to be paid is divided into three months into equal shares and is paid after the end of the reporting period. You can pay the entire tax at once or the amount exceeding 1/3 part.

VAT payable is charged on sales of core activities, non-sales income and upon recovery.

LLC Victoria accrued VAT on core activities in the second quarter in the amount of RUB 87,589, VAT deducted as an advance in the last quarter was restored in the amount of RUB 48,598, and VAT from the sale of fixed assets - RUB 8,958.

Personal income tax accrual transactions

Organizations and individual entrepreneurs pay income tax as a tax agent for their employees. It must be listed on the day of issue wages and other income of the employee.

To calculate taxes For residents and non-residents their own tax rates... Also, the percentage of collection in favor of the state depends on the type of income and the category of the employee.

At the end of June, the income tax was charged on the accrued wages of employees in the amount of 68,927 rubles. Besides that, there were. The tax on them amounted to 74,231 rubles.

Postings:

Income tax accrual and payment transactions

Cumulative every quarter. This means that the current one is added to the results of the previous reporting period. For this, three wires are used:

1. Debit 99 Credit 68 "Profit" — .
2. Debit 68 "Profit" Credit 99 - reflection of profit taking into account temporary differences.
3. Debit 68 "Profit" Credit - payment of tax to the budget.

The tax is paid to the federal (3%) and local (17%) budgets.

At the end of the quarter, the organization made a profit of 258,120 rubles. and transferred to the budget.

Income tax transactions:

Property tax

Property tax is established by the legislation of the constituent entities of the Russian Federation. It is paid either at the end of a 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".

The organization should list advance payment property tax for the second quarter in the amount of 27,545 rubles.

Property tax transactions.

Last week, accountants filed income tax returns with the inspectorate. Let's consider how to correctly reflect the accrual and payment of tax in accounting.

Income tax amounts are reflected on account 68. To him you need to open a separate sub-account "Calculations of income tax". The accountant will reflect the accrual of tax on credit account 68, payment - on debit account 68. Corresponding account 68 when calculating tax will be with account 99.
The rules according to which income tax is reflected in accounting are given in PBU 18/02. Because we are not talking about tax accounting, this PBU shows which transactions should be used to show the conditional tax (not the amounts that the company indicates in the declaration). Small businesses and NGOs are exempted from the use of PBU 18/02. Such companies in accounting when calculating tax make the posting:

- income tax has been charged.

For all other taxpayers, the procedure is somewhat more complicated. Today we will look at how to correctly reflect the amount of accrued and paid tax.
Companies pay tax in three different ways:

1. Monthly based on actual profit;
2. Quarterly;
3. Monthly based on last quarter's profit.

The calculated and paid amount of corporate income tax should be reflected in the reporting, first of all, in accounting. This is done using postings. However, the amounts may vary depending on the documentary source from which the indicators are taken. All stages - from accrual to settlements with the budget - are reflected in the income tax transactions.

Income tax in tax and accounting

Accounting and tax accounting at the company are closely intertwined. The accounting reflects all the indicators of the enterprise's management: losses, costs, income. These indicators are also reflected in the tax, but with the aim of determining the tax base and the subsequent calculation of fees to be paid to the budget in a specific period.

There are several such periods:

• three months;
• half a year;
• 9 months;
• final report for the year.

Within the tax accounting not only the determination of the amount of income tax is made. VAT is also calculated. Today, enterprises use mainly computer programs for both types of accounting. The legislative base, except for the Tax Code, is PBU 18/02. They are guided exclusively by commercial organizationsacting as taxpayers of this levy.

The calculation is carried out both in accounting and in tax accounting. But the final amount can vary, and significantly. It depends on the following conditions:

• The different definition of income / expense acceptance is cash or other method.
• The maximum possible amount of income / expense that is used in accounting is different.
• Some indicators (profit, costs), which are indicated in full in accounting, are partially recognized in tax.

In this regard, it becomes necessary to do accounting entries... They help to "tie" together the resulting tax figures obtained from the two types of accounting.

Basic wiring

The tax to the treasury is transferred in several stages: after periods of a quarter, half a year and 9 months. At the end of the reporting period of 12 months, the deductions are summed up, and if necessary, an additional payment is made. The overpayment "remains" for the next period. Calculation of the amount of the fee cannot be made without corresponding accounting entries.

The company, calculating the budgets, uses the 68th account. The accrual is visible on the loan, the calculation is on the debit. The final payment of the tax amount is preceded by two steps:

• calculation of the amount of "accounting" tax;
• final adjustment in accordance with tax reporting.

When the period (quarter, half year, 12 months) ends, the transaction will have the following pattern:

• Dt 99, “Conditional income / tax expense”, Kt 68 - conditional expense has been accrued;
• Dt 68, Kt 99 is used to determine the conditional expense / income in accounting;
• After adjustment (liabilities, tax assets), the total amount is obtained - Dt 68 "Calculations" CT 51.

When filling out the transactions for income tax, the concept of differences arises - temporary and permanent:

• A temporary one can arise if the same expenses or profits are recorded in tax accounting at a different time than in accounting, and vice versa. Sooner or later, the amount of the difference is taken into account for all purposes.
• But the constant difference in expense / income can only be taken into account for tax or accounting.

The differences, in turn, are subdivided into deductible and taxable. The indicators relate to profit:

• profit on tax accounting exceeded "accounting", which means the type of difference is deductible, and the organization receives a deferred asset (SHE), which is reflected by the correspondence Dt 09 Kt 68;
• tax profit did not exceed the "accounting" - the accounting reflects IT (deferred tax liability), which is recorded as Dt 68 Kt 77.

There are nine main postings:

• Posting Dt 99 Kt 68 - the calculation of income tax according to accounting using a declaration, accounting statement.
• 09-68 - SHE (deferred asset) - information and tax registers are used.
• 68-09- this asset has already been canceled or reduced by a certain amount.
• 99-09 - the asset is written off for the amount by which the profit in this and subsequent periods does not decrease.
• 68-77 - deferred tax liability is indicated.
• 77-68 - IT is extinguished or at least reduced.
• 77-99 - IT is written off.
• 68-51 - Income tax advances have been paid. The document is a bank statement.

The same correspondent accounts are used to enter information about the payment of the fee, only the basis is, in addition to the statement, the payment order.

Accounting using "1C: Accounting"

Almost all operations related to tax determination are automated in this program. Moreover, it is possible to conduct parallel accounting, dividing into two "branches" activities that are subject to different types of tax and at different rates.

The document "Close of the month", for example, allows you to automatically calculate the amount of the current tax. To do this, use the account 68.04.2. When a loss is detected, a conditional expense is formed that can reduce the previously received current tax - Dt 68.04.2 - Kt 99.02.2.

Automated accounting programs - accounting or tax - greatly simplify the work of accountants of organizations. Moreover, large enterprises that have a large number of people in the staffing table are obliged to submit the declaration in electronic form. And accounting software is able to generate reports with minimal involvement of an employee of the enterprise.

Russian Railways (RZD) at the end of April will announce an open tender for the trust management of the Kursk railway station in Moscow. It will be the first of 30 stations to be offered to be managed by external investors. Russian Railways hopes that due to the application of this scheme, the company's revenues from the operation of railway stations will increase tenfold, to 20 billion rubles.

The competition for the management of Russian Railways stations was planned to be held at the end of last year.

Accounting for the formation and use of financial results

Concise Dictionary of Economics

Finite financial results consists of profit (loss) from the sale of products, works, services, as well as income minus expenses received from various operations of economic activity (sale of unused materials, fixed assets and other property, except for goods and products, renting out property, losses from natural disasters, etc.

Reflection of income tax

Current income tax is shown on line 150. This line reflects the entire amount of income tax accrued for the reporting (tax) period. This indicator should be equal to the amount of income tax accrued on tax return for this period, as well as the amount of income tax generated in accounting on account 68 subaccount "Calculations for income tax".

Accounting and tax accounting of insurance premiums

Calculation of insurance premiums: transactions, features

Insurance premiums in accounting are calculated monthly only by employing organizations in the month to which the premiums relate.

Insurance premiums from vacation pay are calculated along with them. According to the Labor Code of the Russian Federation, vacation pay must be issued to the employee no later than three days before the start of the rest. So, insurance premiums the entire amount of vacation pay must be accrued at the same moment as vacation pay, even if the vacation started in one reporting period (billing period), and ended in another.

Typical VAT accounting entries: tax posting

Accounting entries for VAT are necessary for the correct reflection of this tax in the accounting for a variety of transactions. In this article, we will recall the main reasons for VAT, and also consider several cases that are often encountered in the work of an accountant.

To account for settlements for VAT, account 68 "Calculations for taxes and fees" is used, a special sub-account 68 is created for it.

Accrued income tax debit credit

General Questions (Current Issue)

Question: Owned land plot within the city limits, intended for commercial activities.

This site was transferred for free use to the LLC. He has nothing to do with the activities of the SP. Does the owner have to file a declaration with the tax office and pay tax at the request of the tax office for 2011 tax is paid at the request.

Conditional expense (conditional income) for income tax, current income tax

Materials prepared by a group of consultants-methodologists of CJSC "BKR-Intercom-Audit"

Conditional expense (conditional income) for income tax (paragraph 20 of PBU 18/02) is the amount of income tax determined based on accounting profit (loss) and reflected in accounting regardless of the amount of taxable profit (loss). The amount of notional expense (notional income) is determined as the product of accounting profit by the income tax rate established by law Russian Federation and valid on a specific date.

Real estate tax accounting in 2018

27.01.2018 6531 6

Consider the situation: at the end of 2015, the financial result excluding real estate tax is 100 thousand UAH, income tax - 18 thousand. Property tax - 90 thousand. What should be the accounting of real estate tax?

With the emergence of a new clause 137.6 of the PKU, the tax on income, which is paid to the budget, will be changed for the sum of the paid for the last period, the tax on the unruly mino, seen from the land dilyanka.

Accounting for the return of overpayment of income tax for previous years

Svetlana Myagkova and Olga Podvolokina, experts of the Legal Consulting Service GARANT

For the organization, the discovered and returned amount of income tax overpaid in previous years is an unexpected gift, but for the accountant it is an unpleasant surprise if this overpayment is tax period was not taken into account.

Calculations for taxes and fees

To summarize information about calculations with budgets for taxes and fees paid by the organization, and taxes with employees of this organization, account 68 "" is intended.

Account 68 "" is credited for the amounts due on tax returns (calculations) to the contribution to the budgets (in correspondence with account 99 "Profits and losses" - for the amount of income tax, with account 70 "Payments with staff on remuneration" - for the sum income tax etc.

Commodity credit

The trade credit agreement has a dual legal nature. On the one hand, a returnable basis has been established for providing the borrower with things and the application of the rules of the Civil Code on credit to a commodity loan (paragraph 1 of article 822 of the Civil Code of the Russian Federation); on the other hand, the conditions for the things transferred to the borrower are fulfilled according to the rules of the purchase and sale agreement. It should also be noted that unlike a loan agreement that is real (i.e.

Calculation and accrual of tax simplified tax system in 1C Accounting 8

The calculation of the tax payable in connection with the application of the simplified taxation system (simplified taxation system) for the billing period is performed after the acceptance and posting of all primary documents involved in the formation of income and expenses, the formation of a book of income and expenses under the simplified taxation system and the calculation of the tax declaration under the simplified tax system

When maintaining accounting in the 1C Accounting 8 program, income and expenses of economic activities are taken into account by all standard documents of an accounting configuration.

Income tax transactions - where to start calculating, how to use it?

and Dt 68 Kt 99 Permanent tax liability Dt 99 Kt 68 Deferred tax asset Dt 09 Kt 68 The amount of the deferred tax liability Dt 68 Kt 77 Small businesses have the opportunity to independently decide whether to use this PBU or not. The requirement to use the rules of this RAS in accounting is due to different accounting principles for accounting and taxation Also, the maximum allowable amount of income and expenses taken into account may differ, and certain types of indicators that are fully reflected in accounting can only be partially recognized in tax accounting ...

Online magazine for an accountant

Also, the maximum allowable amount of income and expenses accepted for accounting may differ, and certain types of indicators that are fully reflected in accounting can only be partially recognized in tax accounting.

• Temporary differences are income and expenses that are accepted in accounting in one period, and for taxation in another. The main sign of a temporary difference is that the amount of income or expense will someday certainly be taken into account for the purposes of both accounting and taxation.
• In the event of a permanent difference, income or expense is finally recognized for one purpose only.

1. In this case, a permanent tax asset (PNA) arises: Dt 68 Kt 99 - PNA is charged
2. “Accounting” profit multiplied by 20% is referred to as contingent income tax expense and is reflected in the following entry: Dt 99 Kt 68
3. The resulting loss, multiplied by 20%, is a contingent income tax income, it is accounted for as follows: Dt 68 Kt 99

• Dt 84 Kt 75 - accrual of dividends to participants
• Dt 84 Kt 70 - accrual of various bonuses and material assistance employees from net profit
• Dt 84 Kt 84 - coverage of losses of previous years
• Dt 84 Kt 80 - increase in the authorized capital
• Dt 84 Kt 82 - formation or replenishment of the organization's reserve fund.

• Dt 75 Kt 84 - writing off the loss due to dividends or contributions from participants
• Dt 84 Kt 84 - writing off the loss from the profit of previous years
• Dt 82 Kt 84 - writing off the loss at the expense of the reserve fund

Calculation of income tax: posting

The transfer of amounts to the state budget must be timely.

The slightest delay in payment promises the introduction of additional penalties that are not beneficial to the entrepreneur. Calculation of taxes in the interests legal entity must be carried out truthfully, lawfully and in a timely manner.

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Income tax transaction

The accrual of the income tax itself and its advance payments in accounting must be reflected by posting the debit of account 99 "Profits and losses" - Credit of account 68 "Calculations of taxes and fees", subaccount "Income tax". But do not forget that income tax is considered a cumulative total.

Therefore, when calculating payment for the next reporting period, not the entire amount of the advance is indicated, but the difference between the amount charged for the current reporting period and the previous one.

This type of income should be understood as all the proceeds received from the provision of works, services or the sale of goods.

The sold products can be produced independently or previously purchased from another manufacturer.

The volume of income received must be taken into account from all absolutely sources of income, which can be expressed not only in monetary form, but also in kind.

fines, penalties, penalties from other enterprises; profit for the previous period, found only in the reporting period; changes in the exchange rate in a positive direction in case of operations in foreign currency; write-off profit accounts payable upon the expiration of its shelf life; crediting debts that were considered hopeless and were previously written off as losses; profit that was found during the inventory and capitalized as surplus.

This article is based on materials from Berator.

The definition of profit is given in article 247 Tax Code... Both Russian and foreign organizations pay tax on the profits received.

It is reflected in the declaration, called current and paid to the budget. Do not forget that the amount received must be reduced by the amount of permanent tax assets and liabilities.

Accrual of simplified taxation system (accounting entries)

Charging the simplified tax system (accounting) Charging the simplified tax system (and applicable accounts) is a seemingly simple question, but sometimes it still causes difficulties for accountants. When calculating the simplified tax system, the transactions reflect transactions in income and expenses. Accounting under the simplified tax system Accounting in organizations applying the simplified tax system is required.

What accounting entry to reflect, if accrued on?

Charged on - this operation is formed taking into account the norms of PBU 18/02. NCOs and taxpayers who do not pay on profits are exempted from using these norms.

As for small business, its representatives themselves have the right to choose whether to follow this provision.

Accounting for calculations of taxes and fees (account 68)

Accounting for settlements and fees (account 68). The accrual of taxes and their payment is reflected in account 68 “Calculations and fees”.

For more convenient accounting, account 68 is divided into several sub-accounts, each of which accounts for different ones. Such a division will make accounting more transparent and will make it clear for what kind of debt to the budget, and for what budget the organization owes.

Income tax transactions

on To keep records on, on all operations the accountant does. If you use incorrect transactions, the total amount will be incorrect at the end of the reporting period.

Please read below which wiring to choose exactly for your situation. From this article you will learn:

1. for transactions on subaccounts
2. Advance payments on profit
3. Transaction Tax Loss Transfer

Income tax transactions Income tax transactions are described in PBU 18/02 "Accounting for settlements on the profit of organizations", approved.

How not to be mistaken by filling in by?

The calculated and paid amount for the enterprises should be reflected in the reporting, first of all, in the accounting.

This is done using postings.

However, the amounts may vary depending on the documentary source from which the indicators are taken. All stages - from accrual to settlements with the budget - are reflected in the income statement.

Reporting when using the simplified tax system

Reporting when using the simplified tax system The voluntary tax collection system of the simplified tax system is very easy to use at the enterprise. The taxpayer is exempted from several: on profit, property, personal income tax (if there are no employees) and VAT. Instead, a single tax is levied, which is most often a 6 percent (sometimes the rate is 5-15%) deduction from the net profit of an economic entity.

If it is necessary to calculate income tax, what postings should be made in accounting?

According to the Chart of Accounts for the accounting of financial and economic activities of organizations and the Instructions for its Application (approved by Order of the Ministry of Finance of Russia dated October 31, 2000 No. 94n), the amount of accrued contingent income tax expense, permanent liabilities and payments for recalculations of this tax, calculated based on the actual profits are reflected in account 99 "Profit and loss".

Accordingly, when calculating on, the wiring is done:

Debit 99 Credit 68
- accrued to profit.

Transfer of tax to the budget is reflected by posting:

Debit 99 Credit 68
- transferred to the budget for profit.

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Income tax accrual of a transaction

To use most of the management functions, JavaScript is required. Income tax transactions A selection of the most important documents on request. Income tax transactions (regulations, forms, articles, expert advice, and more).

Normative acts. Calculation of income tax on transactions Order of the Ministry of Finance of the Russian Federation of October 31, 2000 N 94n (rev.

application
to the Regulation on accounting
"Accounting for tax settlements
for the profit of organizations (PBU 18/02),
approved by the Order
Ministry of Finance of the Russian Federation
dated November 19, 2002 No. 114n

Practical calculation example
to determine the current income tax

Basic data

When drawing up accounting statements behind reporting year organization "A" in the Profit and Loss Statement reflected profit before tax (accounting profit) in the amount of 126,110 rubles. The income tax rate was 24 percent.

Factors that influenced the deviation of taxable profit (loss) from accounting profit (loss):

1. Actual representation expenses exceeded the limits on representation expenses accepted for tax purposes by RUB 3,000.

Depreciation deductions calculated for accounting purposes amounted to 4,000 rubles. From this amount, for tax purposes, 2,000 rubles are deducted.

3. Accrued, but not received, interest income in the form of dividends from equity participation in the activities of organization "B" in the amount of 2,500 rubles.

The mechanism of formation of permanent, deductible and taxable temporary differences is shown in table 1.

Table 1

Using the data given in Table 1, we will make the necessary calculations for income tax in order to determine the current income tax.

Conditional income tax expense \u003d 126,110 (rubles) x 24/100 \u003d 30,266.4 (rubles)

Permanent tax liability is \u003d 3000 (RUB) x 24/100 \u003d 720 (RUB)

The deferred tax asset is \u003d 2000 (RUB) x 24/100 \u003d 480 (RUB)

The deferred tax liability is \u003d 2500 (RUB) x 24/100 \u003d 600 (RUB)

Current income tax \u003d 30,266.4 (RUB) + 720 (RUB) + 480 (RUB) - 600 (RUB) \u003d 30866.4 (RUB)

The amount of the current income tax, formed in the accounting system and payable to the budget, reflected in the Profit and Loss Statement and in the income tax return, will be 30,866.4 rubles.

In order to check the mechanism for reflecting calculations of income tax in the accounting system, for the correctness of the calculation of income tax intended for payment to the budget, we will calculate the current income tax using the method of adjusting accounting data in order to determine the tax base for income tax.

The required adjustments are shown in Table 2.

table 2

Current income tax \u003d 128,610 (rubles) x 24/100 \u003d 30,866.4 (rubles)

How not to be mistaken when filling out tax transactions?

The accounting reflects all indicators of the enterprise: losses, costs, income. These indicators are also reflected in the tax, but with the aim of determining the tax base and the subsequent calculation of fees to be paid to the budget in a specific period. There are several such periods: three months; half a year; 9 months; final report for the year. Within the framework of tax accounting, not only the determination of the amount of income tax is made.

What accounting entry should be reflected if income tax is charged?

To display all operations on income tax, a special sub-account is opened for it. When calculating profit, taking into account the norms of the Accounting Regulations 18/02, the reduction to the total value of the required value calculated in tax and accounting is observed.

In order to link the arising differences (temporary and permanent) in the calculation of income tax, various accounting entries are used. The appearance of these differences is due to the fact that not all expenses in tax accounting reduce taxable profit, at the same time they are taken into account in accounting.

Income tax posting accrue

Calculate it using the formula: At the end of the reporting period, make the following posting: Debit 99 subaccount "Conditional expense (income) for income tax" Credit 68 subaccount "Calculations for income tax" - accrued conditional expense for income tax Debit 68 subaccount "Calculations for income tax "Credit 99 subaccount" Conditional expense (income) for income tax "- accrued conditional income for income tax (from the amount of loss).

After that, adjust the received amount according to the formula: Profit of JSC "Aktiv" for the first quarter of 2005 amounted to 1,000,000 rubles.

During the quarter, the following happened: - Representation expenses of the company in this quarter exceeded the maximum permissible standard (p.

Features of income tax: who pays for what, transactions

What kind of cost items are usually called production ones is indicated in the Tax Code.

Foreign firms and companies operating through representative offices and having sources of income within Russia consider the difference between all the income received and the costs incurred by these representative offices as their profit.

Consider what transactions should be used to calculate income tax (loss), as well as paying it to the budget. In this case, the application or non-application of PBU 18/02 by the firm is of great importance.

Who is doing the wiring?

Companies on OSNO are required to calculate the amount of income tax and pay it to the federal and regional budgets. They also have a duty to carry out these operations in accounting. The order of reflection depends on the application or non-application of PBU 18/02. The norms of the document allow to eliminate the discrepancies that arise between accounting and tax accounting.

But not all organizations can use PBU 18/02. It does not apply to:

• on banks;
• State unitary enterprises and municipal unitary enterprises;
• firms that use simplified accounting methods in their activities.

You can prepare profit statements quickly and taking into account all changes in legislation online using a special service from BuchSoft:

Fill in the income tax return

Income tax transactions for those who do not apply PBU 18/02

The indicator is considered according to the formula:

Accrual posting:

Debit 68 subaccount "Calculations for income tax" Credit 99 subaccount "Conditional income tax on income"

1. Permanent tax assets (PNA) and permanent tax liabilities (PNA) with permanent differences. Differences arise when a certain type of income or expense is taken into account in whole or in part in tax or accounting (see table 1).

Table 1... Formation of PNO and PNA in the account

The formula for calculating PNO and PNA is as follows:

1. Deferred tax assets (ITA) and deferred tax liabilities (ITA) from temporary differences. Differences arise when the income or expense for accounting is shown in one period, and for tax - in another. There are two types of differences - deductible (VVR) and taxable (NVR). Consider in table 2 why they arise.

Table 2.Education SHE and IT in the account

The formula for calculating IT and IT:

Determine the total tax value using the formula:

Check the amount indicated on line 180 of sheet 02 of the income tax return. If the values \u200b\u200bcoincide, then the calculations in accounting have been made correctly.

If there are no permanent and temporary differences in the accounting, the tax value in the declaration must coincide with the value of the value of the conditional expense according to accounting.

Income tax paid (transaction)

The transfer of the amount of tax and advance payment to the federal and regional budgets is shown by posting:

Debit 68 subaccount "Calculations for income tax" Credit 51