Personal income tax is withheld from the salary posting. Posting withholding personal income tax from salary

26.02.2024

Read also the article: → “Agreement on liability. Example of compilation."

The employee intentionally caused damage, or it occurred as a result of drug or alcohol intoxication or as a result of malicious intent (established in court).
The employee caused damage to the organization’s material assets outside of working hours;
The damage occurred due to inaction or incomplete performance of their duties by a specific employee;

Accounting entries: deduction of shortfalls from wages After carrying out all the necessary procedures, the accountant is obliged to make deductions on the relevant accounts and withdraw the required amount from the employee’s wages.

Accounting for deductions from wages: postings and examples

Deductions at the initiative of the employer: - unearned advance payment issued on account of wages; - unspent and not returned in a timely manner amounts issued on account in connection with a transfer to work in another area, etc.; - overpaid wages and other amounts overpaid to an employee due to a counting error or upon proof of his guilt in idle time or failure to comply with labor standards; — the amount of compensation for unworked vacation days upon dismissal of an employee before the end of the year; - amounts of benefits (sick leave and maternity benefits) overpaid in the event of a calculation error (for example, an arithmetic error was made when calculating earnings for the billing period) or unlawful actions of an employee (for example, an employee concealed information affecting the amount of benefits).

Library

Deductions at the initiative of the employer Occur in case of damage or loss of property (Debit 70 Credit 73.2), debt on accountable amounts (Debit 70 Credit 71). The employer can also deduct part of the funds from the employee’s salary to repay a previously issued loan (Debit 70 Credit 73.1). Sometimes an employer may mistakenly pay a larger salary.

Then part of the overpayment is withheld from the employee. Another situation: an employee took full paid leave, but quit before the end of the period for which it was taken. Amounts of vacation pay for those days to which the employee is not entitled are withheld (Debit 70 Credit 73). Example: An employee has funds withheld from his salary (RUB 28,000) to repay a loan in the amount of RUB 5,500.

Accounting for deductions from wages

As a result, deductions are made according to writs of execution in the amount of:

For alimony – 9,662.80 *0.58 = 5,604.42 rubles;
Compensation for damage – 9,662.80 *0.42 = 4,058.38 rubles.

Deduction from wages: postings and examples Mandatory deductions Personal income tax is withheld from each employee’s salary at the following rates:

13% - if the employee is a resident of the Russian Federation;
30% - if a non-resident of the Russian Federation;
35% - in case of winning, savings on interest, etc.;
15% - from dividends of a non-resident of the Russian Federation;
9% - from dividends until 2015; interest on mortgage-backed bonds until 2007, from the income of the founders of the trust management of the mortgage coverage.

It does not matter in what form the income was received, cash or in kind. Let's consider an example: Employee Vasilkov A.A.

The procedure for deducting shortfalls from wages, examples of postings and errors

The amount of deductions is calculated from the entire earnings of the convicted person without deduction of personal income tax. Accounting for deductions under writs of execution is kept on account No. 76 “Settlements with various debtors and creditors”, subaccount “Settlements under writs of execution”. Typical correspondence of accounts is presented in table 1.3.

Important

Table 1.3 Typical correspondence of accounts for accounting for deductions under writs of execution In cases established by law, at the initiative of the administration, the entire amount of debt to the organization can be withheld from an employee’s salary. The Labor Code of the Russian Federation does not impose any restrictions on the amount of penalties. The amount of material damage that is recovered from an employee depends on what kind of liability is provided for him: full or limited.

With limited financial liability, the employee is obliged to compensate for damage in an amount not exceeding his average monthly salary.

7.6. accounting for payroll deductions

In accounting, the deduction and transfer of membership fees are reflected in the same manner as the reflection of insurance premiums. In this case, an additional sub-account is opened to account 76. 7. Amounts for writs of execution - alimony for the maintenance of minor children and compensation for damage caused to the organization.
When deducting amounts under writs of execution, an entry is made: Debit account 70 Credit account 76 - for the amount of alimony deductions made; Debit account 76 Credit account 51 - for the amount of withheld alimony transferred to the recipient (or credit account 50 "Cash" - if alimony is paid directly from the organization's cash desk); Debit of account 70 Credit of account 73 “Settlements with personnel for other operations”, subaccount “Settlements for compensation of material damage” - for the amount of deductions to pay off material damage caused to the organization.

Basic accounting entries for salary calculation and deductions from it

Deduction from wages will be legal if, before the order was issued, an explanatory statement was requested from the financially responsible person about the fact of the damage incurred and, subsequently, the employee was familiarized with the order in which the reason for the deduction is legal and complies with the federal law of the Russian Federation. Question No. 3. The General Director issued an internal order on fines for errors in documents, is this legal? In itself, such an order cannot be legal, because it does not comply with labor legislation.

In a situation where errors in documents lead to material damage to the company, for example, errors in a tax return can lead to a fine issued to the organization, even in this case a special commission must be organized to identify the perpetrators and obtain explanatory notes from them.

Payroll entries

In a situation where an employee completely refuses compensation for damage, is it possible to deduct wages without his written consent? If the employee is a financially responsible person in accordance with labor legislation and the fact of the shortage was identified and recorded during all the necessary legal procedures, then there is no obstacle to withholding the damage from wages on a monthly basis until the damage to the organization is fully covered. Question No. 2. The order to collect the shortfall was drawn up several months after the fact of the discovery of the shortfall was recorded, whether the withholding of wages is legal.

Attention

Credit 76. Payment of withheld obligations in favor of the creditor is made in a writ of execution or within three days and is recorded by recording:

Debit 76 Credit 51.

Transfer costs are borne by the employee (bank commission, etc.). Example of postings: personal income tax is withheld from wages. An employee is paid a salary in the amount of 35,000 rubles. He is a resident, the personal income tax rate is 13%. Alimony in the amount of 7,000 rubles is withheld from him monthly.

Postings: Account Dt Account Kt Description of posting Posting amount Document-basis 26 70 Employee's salary accrued 35,000 Payroll statement 70 68 Personal income tax Posting for withholding personal income tax 4550 Payroll statement 70 76 Alimony withheld 7000 Writ of execution 66 51 Monthly repayment of loan debt 112,500 Payment order ref.

Types of deductions from salaries and their accounting transactions

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.
Salaries can be deposited only after the issuance period has expired. By law, it cannot exceed 5 days. On the last day of issuing funds from the cash register, the cashier is required to make a note about the deposit of earnings opposite the employee’s name in the payslip. If deposited wages appear in accounting reports, then the organization has an account payable to the employee.
If an employee does not contact the accounting department with a request to issue him a salary, then such debt is written off after the expiration of the statute of limitations. After this, the debt is written off to account No. 91 “Non-operating expenses”. The statute of limitations is three years. The deposited salary is issued subject to the availability of the required amount of funds in the cash register.

How, after calculating the salary, determine the amount “to be paid”? The salary due to the employee is the difference between the amounts of remuneration calculated on all bases and the amount of deductions. Depending on the grounds, there are 3 types of deductions made from the amounts of wages and other remunerations accrued in favor of individuals: - mandatory; - at the initiative of the employer; - by agreement between the employee and the organization. Mandatory withholdings include: - personal income tax (NDFL); - alimony; — administrative fines and other amounts under enforcement documents in favor of legal entities and individuals; — withholding amounts from the wages of persons sentenced to correctional labor.

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 withholding of tax on 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 (TC RF, part 2, chapter 23, article 210) Download tax explanations on standard tax deductions (TC, RF, part 2, chapter 23, article 218) Download tax explanations on standard tax deductions (TC, RF, 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.
Example of calculating personal income tax on wages Unlike other types of income, the amount of personal income tax on 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 dated April 29, 2016 No. BS-4-11/7893 “On the taxation of income of individuals” it is concluded that the withholding from the taxpayer of the amount of tax calculated at the end of the month is made by the tax agent from 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 at the expense of 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 remind you 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 for payment 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.

Home >
Useful literature ›
Personal income tax ›
Tax agents for personal income tax ›
Personal income tax accounting

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.

Insurance LawPermalink

One of the main mandatory types of deduction from wages is personal income tax.

This tax is calculated in accordance with current tax legislation, in particular according to Chapter 23 of the Tax Code of the Russian Federation.

It is collected from the profit that an individual receives in the process of performing labor.

It is also important to note that personal income tax is withheld by the employer, regardless of the form in which the employee’s salary is paid, that is, the tax is charged as from a cash salary, so in the case if the employee receives payment for his work in kind.

In the second case, the tax is calculated depending on from the cost of the received things, objects of the material world.

Postings for personal income tax

Despite the fact that the payer of personal income tax is an individual, that is, the employee himself, the obligation to pay this type of tax falls on his employer instead of him.

That is, the employer is a tax agent.

In accordance with the above, the company must take into account all expenses of this kind, which must be reflected in the financial statements.

This term in accounting refers to the process of registering business transactions carried out at any enterprise or organization on paper.

That is, a report is generated that displays mainly two operations:

Operations on loan
Operations by debit

It is thanks to the principle of double entry that accounting has the opportunity to accurately draw up a report, carry out accounting and not miss a single business transaction that can be carried out in a given organization or enterprise.

As for the personal income tax entries themselves, they are also compiled taking into account transactions, both credit and debit.

Talking about credit, refers to payments that must be paid, and the debit reflects the amounts already paid to the employee.

The debit also includes accrued taxes..

If account 70, called “Settlements with personnel for wages”, is used to record an employee’s salary at enterprises, then the tax, in particular personal income tax, is calculated and accounted for using account 68.

It is called “Calculations for taxes and fees”.

Postings for withholding and paying personal income tax

The withholding and payment of personal income tax tax is shown in the debit of account 68, since the credit of account 80 reflects the accrual of this tax along with the individual’s profit accounts.

Example of personal income tax calculation on dividends

Personal income tax must be withheld and paid not only from wages, but also from income such as dividends.

Dividends – this is the income received by the founders of a certain organization from its profits.

Naturally, tax must be deducted from them, as from any income. From individuals who are founders - personal income tax.

Before considering an example of posting personal income tax on dividends, it is necessary to understand the rates of this tax for founders of organizations.

Since 2015, the personal income tax rate on dividends has increased from 9% to 13%.

Thus, for example, the founder of a company receives dividends from it in the amount of 100,000 rubles. 13% of 100,000 rubles is 13,000 rubles.

That is, personal income tax for this founder is 13,000 rubles. The accrued income will be equal to dividends minus the amount of tax, namely 87,000 rubles.

Postings for withholding personal income tax from dividends

Now you need to sort out the postings for withholding personal income tax from dividends:

Dividends accrued– 100000. Debit – 84. Credit – 75
Taxes withheld– 13000. Debit – 75. Credit – 68
Dividends paid– 87000. Debit – 75. Credit – 50
Tax payable, transferred to the budget – 13000. Debit – 68. Credit – 51

An example of calculating personal income tax on interest received on a loan

When receiving a short-term or long-term loan/credit, each borrower is required to pay certain interest to his lender. Hence the conclusion: income received from providing a loan to a third party must also be taxed.

In particular, such profit is taxed with the help of personal income tax.

Personal income tax on interest received on the loan is charged at the rate of 13%.

It is best to consider the calculation of personal income tax on interest received on a loan using an example.

Let's say an organization took out a loan in the amount of 100,000 rubles. The interest on this loan will be 5,000 rubles.

Taking into account the tax rate and the amount of interest, it is necessary to calculate how much of these five thousand rubles will constitute and be withheld as personal income tax. To do this, multiply 5,000 rubles by 13 percent and divide by one hundred percent.

Thus, it turns out 650 rubles. This is the amount of tax that must be withheld from the lender.

Using accounting entries, this is depicted as follows:

The transaction name column displays the receipt of a short-term loan. The amount in our case is 100,000 rubles. Debit – 50. Credit – 66
Transaction name – interest accrued. Amount – 5000. Debit – 91. Credit – 66
Accrual of personal income tax on interest received on a loan. Amount – 650. Debit – 66. Credit – 68
Return of funds received as a loan. Amount – 105000. Debit – 66. Credit – 50
Transfer to the personal income tax budget from interest received on the loan. Amount – 650. Debit – 68. Credit – 51.

This is approximately how accounting reporting is carried out for a company that, in this case, received a loan in the amount of 100,000 rubles.

Example of calculating personal income tax from wages

Under current law, deductions may be made from an employee's wages.

There are 3 types of them:

Mandatory
At the request of the employer/enterprise/firm(for example, for marriage)
By request the workers themselves

The former primarily includes personal income tax. That is, personal income tax in the amount of 13% is withheld and paid to the budget from the employee’s salary on a monthly basis. Moreover, as a result of withholding tax from an employee, his employer forms a debt to the budget. Therefore, in order to avoid confusion, such operations at each enterprise are also accompanied by accounting entries.

It is necessary to look at an example of how personal income tax is withheld.

For example, the employee was paid a salary of 50,000 rubles.

This includes: rate, all bonuses, additional payments for overtime hours.

Of these, it can be assumed he is entitled to a standard deduction of 3,000 rubles.

The standard deduction is not taxed, as a result of which the tax base in this case is reduced by 3,000 rubles and amounts to 47,000 rubles.

Calculating 13% of this amount, we receive personal income tax in the amount of 6110 rubles. Thus, this employee will receive a salary of not 50,000 rubles, but 43,890 rubles.

Postings for calculating personal income tax from salary

In order to depict the postings for the payment of wages and the withholding of personal income tax from them, accountants use account 70 called “Settlements with personnel for payment of labor”:

Operation name- payroll. Amount – 50000
Tax withholding. Amount – 6110
Payment of wages. Amount – 43890
Transfer of taxes to the budget. Amount – 6110

Deductions from wages – personal income tax

Deduction from wages is the collection and withholding of mandatory payments, such as personal income tax, as well as deductions at the request and initiative of the employer, at the request of the employee.

Because the Personal income tax is a mandatory deduction from an individual’s salary, current tax legislation employers are required to withhold this type of tax, acting as a tax agent.

When withholding personal income tax, standard deductions are not taken into account, the right to which is granted to persons specified directly in the Tax Code of the Russian Federation.

For example, for standard deduction a person is entitled to 1,400 rubles having one or two children, in the amount of 3,000 rubles - more than two children.

Thus, for the purpose of uniform, systematized and competent registration of all business transactions at any enterprise, accounting entries are used, with the help of which deductions are made from the salaries of employees of a particular organization.

The main type of mandatory withholding is personal income tax, the rate of which is established in the Tax Code of the Russian Federation and is 13%.

Personal income tax is calculated without taking into account deductions. Postings for personal income tax are made to account 68. When calculating, debit and credit, the name of the transaction, and the amount of the transaction are displayed.

In Russia, wages are considered taxable income. The responsibility for withholding tax and transferring it to the budget rests with the employer.

Dear readers! The article talks about typical ways to resolve legal issues, but each case is individual. If you want to know how solve exactly your problem- contact a consultant:

APPLICATIONS AND CALLS ARE ACCEPTED 24/7 and 7 days a week.

It's fast and FOR FREE!

How is personal income tax withheld from wages processed in 2019? The employer is required to withhold income tax from employees' salaries.

But not all income of an employee is taxable. In what cases is personal income tax withheld in 2019 and how to correctly display the operation in accounting?

Basic moments

When calculating wages, any employer must accrue, withhold and pay to the budget the mandatory tax on the income of an individual, that is, his employee.

According to Russian legislation, payments to hired personnel are made at least twice a month. Personal income tax is withheld only once a month based on monthly calculations.

Namely, personal income tax is not charged on compensation payments, state benefits,.

Personal income tax must be withheld from such payments as:

wage;

amounts under writs of execution;

and (other than those excluded);

(for business trips within the Russian Federation from 700 rubles, for foreign trips - from 2,500 rubles);

financial assistance in the amount of more than 4,000 rubles for an employee and in the amount of over 50,000 rubles for the birth of a child;

dividends;

payments for material benefits;

income in kind;

credit interest.

Where does the payment go?

The employer is obliged to transfer the personal income tax withheld from wages to the budget. For this purpose, special reporting is provided for the agent, in which he must display the amount of taxable income and the amount of calculated taxes ().

Personal income taxes are deducted to replenish the state treasury. Subsequently, the funds are used to finance government programs, including the social security of taxpayers.

The social level in the state largely depends on the completeness of tax payment. The bulk of income taxes goes to the budgets of the constituent entities of the Russian Federation, but a certain share is allocated to local budgets.

The tax agent transfers taxes withheld from employee salaries to the tax authorities at the place of registration. A separate division makes payments at its location.

In this case, income tax is paid in a single payment. Further distribution among budgets is handled by the Federal Treasury.

It should be noted that citizens often confuse the withholding of personal income tax from salaries with pension contributions. It is important to understand that this tax is in no way related to contributions to the Pension Fund.

Legal basis

Accounting for transactions related to personal income tax settlements is carried out in accordance with the Instructions for the Application of the Chart of Accounts adopted.

Information about ongoing calculations of taxes and fees paid by the organization is summarized on account 68.

Analytical accounting is organized on this account, which is maintained by type of tax. When accounting for personal income tax amounts, a “personal income tax” subaccount is opened in account 68. Payments to staff are displayed on account 70.

Display of accounting entries

The posting made when deducting personal income tax is an integral part of any calculation of employee income. The only exceptions are non-taxable transactions.

Any calculations are an asset/liability, that is, depending on the direction of calculations, accounts can become active or passive.

The peculiarity of the transaction in question is that, depending on what payment is made, the debit account in it changes, the credit account always remains unchanged.

Account 68, used to record settlements, is a complex account to which several subaccounts can be opened. In this case, this is the “NDFL” subaccount.

Tax accrual for payment to the budget is displayed on the credit of account 68, tax payment is carried out on the debit of this account.

Dt60 (76) Kt68. Personal income tax

If personal income tax is withheld from the wages of workers in the main production, the posting will be as follows (the employee works according to):

Dt70 Kt68.NDFL

Primary document

document's name;

Date of preparation;

name of the compiler (organization);

contents of the business operation;

the measurement value of a business operation with the display of the units of measurement used;

the name of the staff positions of the persons who performed and are responsible for the operation and registration;

signatures of the indicated persons with details for accurate identification.

The primary documentation used when calculating wages includes the following forms:

- a time sheet used to track working hours and payroll calculations. Based on this document, salaries are calculated to employees. It is necessary for maintaining accounting of payroll calculations. In addition, the report card acts as an economic justification for labor costs when maintaining tax records. In fact, the document certifies the performance of labor activities by personnel.

statements of settlements and payments
When using the T-49, no other statements are used. When salaries are transferred directly to bank cards, only form T-51 is used.

T-53a - a journal used to register payroll statements
The form is used to register and record all payroll records for employees.

personal account forms

Forms are used to display monthly information about salaries, all accruals, deductions, and payments to employees throughout the year.

When paying dividends

Persons who are participants (founders) of an organization and have a share in the authorized capital of the company have the right to receive part of the profit from activities or dividends.

These earnings remain after all taxes have been withheld from the company's total. Each owner receives dividends in proportion to the size of his share.

Dividends from individuals are considered taxable income. When paying, personal income tax must be withheld from them. The tax rate on dividends for residents of the Russian Federation is 13%, for non-residents – 15%.

Deductions from wages are divided into three groups: mandatory (prescribed by law), at the initiative of the employer (also regulated by labor law), at the request of the employee. Let's look at the main typical entries for salary deductions.
Mandatory withholdings include taxes on employee income - personal income tax. Different categories of employees have their own tax rate.
Reflected by wiring:
Debit Credit 68 Personal Income Tax.

To be recorded:
Debit Credit 76.

Payment of withheld obligations in favor of the claimant is made in a writ of execution or within three days and is recorded as follows:
Debit 76 Credit.

Transfer costs are borne by the employee (bank commission, etc.).
Example of postings: personal income tax withheld from wages
In the amount of 35,000 rubles. He is a resident, the personal income tax rate is 13%. Alimony in the amount of 7,000 rubles is withheld from him monthly.

Postings:
Account Dt Kt account Wiring description Transaction amount A document base
35 000
68 personal income tax 4550 Payroll statement
76 Child support withheld 7000 Performance list
66 Monthly repayment of loan debt 112 500 Payment order ref.
Employer-initiated deductions
Occurs in case of damage or loss of property (Debit Credit 73.2), debt on accountable amounts (Debit Credit 71). The employer can also deduct part of the funds from the employee’s salary to repay a previously issued loan (Debit Credit 73.1).
Sometimes an employer may mistakenly pay a larger salary. Then part of the overpayment is withheld from the employee.
Another situation: an employee took full paid leave, but quit before the end of the period for which it was taken. Amounts of vacation pay for those days to which the employee is not entitled are withheld (Debit Credit 73).
The employee has funds withheld from his salary (000 rubles) to repay a loan in the amount of 5,500 rubles.

Postings:
Account Dt Kt account Wiring description Transaction amount A document base
Employee salary accrued 000 Payroll statement
68 personal income tax Personal income tax withheld 3640 Payroll statement
73.1 Loan amount withheld 5500 Loan agreement Accounting certificate
Deductions initiated by the employee
The employee may request that a certain amount be withheld from his salary each month. These could be amounts to repay a loan from an employer, for charity, voluntary insurance or trade union dues (Debit

Account Dt	Kt account	Wiring description	Transaction amount	A document base
			35 000
	68 personal income tax		4550	Payroll statement
	76	Child support withheld	7000	Performance list
66		Monthly repayment of loan debt	112 500	Payment order ref.

Account Dt	Kt account	Wiring description	Transaction amount	A document base
		Employee salary accrued	000	Payroll statement
	68 personal income tax	Personal income tax withheld	3640	Payroll statement
	73.1	Loan amount withheld	5500	Loan agreement Accounting certificate