How to deal with accounting for stamp tax reduction of purchase and sales contract
Enterprises often come into contact with purchase and sales contracts in the course of business. As financial personnel, they must understand the accounting issues involved in stamp duty of purchase and sales contracts. The following article will give you a detailed introduction to the accounting treatment of stamp tax relief on purchase and sales contracts.
Accounting treatment of stamp duty reduction of purchase and sale contract
The stamp duty of the purchase and sale contract is reduced by half, and the following accounting treatment can be made:
1. It shall be withdrawn in full amount, and then the deducted part when actually paid shall be included in non operating income
Debit: taxes and surcharges
Credit: tax payable - stamp tax payable.
Debit: Tax payable - stamp tax payable.
Credit: bank deposit
Non operating income - tax relief.
2. Withdraw and pay directly according to the amount after halving:
Debit: taxes and surcharges
Credit: tax payable - stamp tax payable
Debit: tax payable - stamp tax payable
Credit: bank deposit
Knowledge expansion: how to pay the stamp duty of the purchase and sale contract?
Accounting treatment of stamp duty payment
At the time of payment:
Debit: tax payable stamp tax.
Credit: bank deposit or cash on hand.
During accrual:
Debit: administrative expenses stamp tax
Credit: tax payable stamp tax
How do small-scale taxpayers pay stamp tax on lease contracts?
Answer: It is available according to relevant regulations and should be labeled according to the lease contract. The tax rate is one thousandth. For those less than 1 yuan, the decal shall be 1 yuan. The details are as follows:
1. One thousandth of the total rent in the housing lease contract should be posted on the original of the housing lease contract. Note that it cannot be pasted on the back and marked off for cancellation.
2. The general ledger, subsidiary ledger, bank deposit journal and cash journal are posted with 5 yuan for each account book, and 5 yuan for the business license.
3. 5/10000 of registered capital
What does the purchase and sale contract mean?
1. A purchase and sale contract is a variation of a sales contract. It refers to an agreement whereby one party transfers the ownership or management of goods to the other party, and the other party pays the price.
2. Form of purchase and sales contract: including supply, advance purchase, combination of purchase and sales, purchase, etc.
