1. When withdrawing dividends: Borrow: profit distribution-shareholder dividend loan: dividend payable.
2. When carrying forward to dividend payable: debit: profit distribution-undistributed profit loan: profit distribution-dividend payable.
3. When paying dividends: dividend payable loan: bank deposit (or cash on hand).
4. If the shareholder is an individual, the individual income tax shall be withheld and remitted;
Debit: dividend payable Loan: Taxes payable-withholding and remitting personal income tax bank deposits.
According to the relevant provisions of the tax law, different taxpayers and shareholders have different calculation methods for dividend payment:
1. If the shareholder is a natural person, individual income tax shall be paid at 20% of the actual income from dividends and bonuses; If the shareholders are resident enterprises, dividends, bonuses and other equity investment income between eligible resident enterprises are tax-free income.
2. If the shareholder is a partnership enterprise or a sole proprietorship enterprise, the individual income tax shall be calculated and paid according to the taxable items of "interest, dividend and bonus income".
The ways to reduce the dividend tax burden are as follows:
1, no dividends.
The simplest way is not to give money to shareholders, but to buy something related to the company, such as cars, mobile phones, computers and so on. This will not only exempt personal income tax, but also deduct value-added tax and enterprise income tax. However, it should be noted that things you buy should not be too personal, such as bags, watches, training services and so on. Otherwise, it will be considered as personal consumption and does not meet the requirements.
2, from the enterprise form.
Sole proprietorship enterprises and partnership enterprises are exempt from enterprise income tax, as long as they pay individual income tax. Personal income tax is levied according to the approved method, and the collection rate is very low.
There are two ways: one is to do business directly with a single person, but the disadvantage is that the scale cannot be too large, and if it exceeds the standards of small-scale taxpayers, it will not be able to enjoy the approved collection; The second is to invoice the company with the partnership, and the company will pay dividends to the partnership.
3, pay wages, bonuses, benefits, etc.
Wages, bonuses and benefits can be deducted before enterprise income tax, which can reduce the overall tax burden. Individual income tax can be calculated separately for the year-end bonus. Although there are seven levels of progressive tax rate for excess wages, there are a threshold of 5,000 yuan and seven additional deductions, and there will be an extra deduction space of 1000 yuan for each additional item. The disadvantage is that the operational amount is small, and it also involves the settlement and payment of social security and individual taxes.
4, the use of ownership structure
When a company is established with enterprises as shareholders, dividends among resident enterprises are exempt from enterprise income tax. Putting the company's dividends into its own "financial company" can be more flexible.