Consulting fee refers to the income obtained in the process of providing legal, accounting, taxation, human resources and other consulting services. According to relevant regulations, the consulting fee is subject to enterprise income tax. At the same time, enterprises can deduct consulting fees according to certain standards when declaring income tax. The specific deduction standard is as follows: 1. Necessary and reasonable expenses: refers to the necessary and reasonable expenses incurred in the process of consulting services, such as rent, utilities, transportation fees, communication fees, etc. Enterprises can deduct these expenses when they declare income tax. 2. 10% pre-tax profit: refers to the consulting fee profit obtained by the enterprise before tax, which is deducted according to 10% pre-tax profit. 3. 20% of comprehensive income: for comprehensive income, that is, other income of the enterprise except consulting fees, it can be deducted according to 20% of comprehensive income. It should be noted that the above deduction standard should be calculated at the time of actual declaration and declared according to the facts. At the same time, when enterprises declare income tax, they need to keep the relevant bills or vouchers of consulting fees for inspection by tax authorities.
Can personal consulting services be deducted according to the above standards? Unlike enterprises, individuals who provide consulting services have to pay personal income tax. Individuals can deduct consulting fees according to certain standards (such as necessary and reasonable fees), but the standards will be different. Individuals are advised to consult relevant policies and regulations with local tax authorities.
The income tax deduction standard for consulting fees includes necessary and reasonable fees, 10% of pre-tax profits and 20% of comprehensive income. The deduction standard should be calculated according to the actual situation and declared at the time of actual declaration. Enterprises need to keep bills or vouchers related to consulting fees for inspection by tax authorities.
Legal basis:
"Regulations for the Implementation of the Enterprise Income Tax Law of People's Republic of China (PRC)" Article 43 Business entertainment expenses incurred by an enterprise related to production and business activities shall be deducted according to 60% of the amount incurred, but the maximum amount shall not exceed 5‰ of the sales (business) income of the current year.