The transportation subsidies paid by the unit to the management personnel shall be included in the detailed account of "transportation expenses" in the management expenses or the detailed account of employee welfare expenses payable.

Transportation, housing and communication benefits provided by enterprises for employees:

If the monetization reform has been implemented, the monthly transportation subsidies, vehicle reform subsidies, housing subsidies and communication subsidies, whether paid directly to individuals or paid after individuals provide bills for reimbursement, are of a wage nature because of the formation of a "GSP" mechanism for regularly compensating labor costs according to standards. Therefore, it should be included in the total wages of employees and not included in the management of employee welfare funds. This is consistent with the provisions of the National Bureau of Statistics on the composition of total wages of enterprises.

Where the monetization reform has not been implemented, the expenses related to transportation, housing and communication provided by enterprises, such as the shuttle bus provided by enterprises for employees and the dormitory provided by enterprises for employees, are managed as employee welfare expenses. However, the following points need to be emphasized:

First, according to Article 46 of the General Principles of Enterprise Finance and the unified regulations of the state on the reform policy of enterprise housing system, enterprises are not allowed to purchase and build houses for employees and pay property management fees.

Second, according to Article 46 of the General Principles of Enterprise Finance, employees' personal entertainment, fitness, travel, entertainment, shopping, gifts and other expenses shall not be borne by the enterprise.

Third, the uncertain time, uncertain amount and actual reimbursement expenses incurred by enterprises in production and operation or for management and organization of business activities, such as local transportation, are neither wages nor employee welfare expenses, and are still listed as enterprise costs (expenses) according to the original regulations.

What "subjects" should I remember for reimbursement of transportation expenses?

According to the regulations, when the enterprise pays the insurance company, it should be incorporated into the employee's current wage income, and personal income tax should be levied according to the "wage and salary income" item. What subjects are included in the transportation fee deduction? The main contents are as follows:

Transportation fee XXX

Borrow: welfare payable-transportation fee XXX

Credit: bank deposit XXX

Input of taxable amount

Debit: Payables-Benefits XXX

Loan: taxes payable-personal income tax payable

Does the reimbursement of company transportation expenses belong to management fees? If the company provides transportation subsidies to employees, it will be accounted as employees' wages. If it is an employee reimbursement (non-business trip), it will be regarded as "management expenses-transportation expenses". In addition, State Taxation Administration of The People's Republic of China has made it clear that 30% of transportation subsidies and 20% of communication subsidies will be withheld as personal income. Financial and insurance enterprises that give away personal items through business sales shall withhold and remit personal income tax according to regulations.