1, during the epidemic, can the masks purchased by enterprises for employees be deducted before tax?
I believe that this hot issue is what accountants are most concerned about. According to the regulations of State Taxation Administration of The People's Republic of China, the cost of purchasing masks for employees during the epidemic period can actually be deducted before the enterprise income tax. If you don't issue masks, there will be financial subsidies, and enterprises can deduct employee welfare expenses before tax.
2. During the epidemic, the enterprise purchased masks, medical alcohol and other medical supplies for employees and obtained special VAT invoices. Can it be used for collective welfare and cannot be deducted?
In fact, this hot issue has been clearly defined and stipulated in the relevant laws and regulations on value-added tax issued by the state. Medical supplies such as masks purchased by enterprises for employees during the epidemic period, as long as they are used by enterprises to resume production, belong to labor security articles in a special period. Articles like this can be deducted from the output tax.
3. During the epidemic, the enterprise purchased relevant medical protection articles, but could not issue VAT invoices. Can this be used as a proof of pre-tax deduction?
During the epidemic period, enterprises cannot issue VAT invoices. According to the announcement of "Administrative Measures for Pre-tax Deduction Certificates of Enterprise Income Tax" issued by the State Council, pre-tax deduction can be made. It is particularly important to note that enterprises that cannot issue invoices like this should indicate the payee's name, personal name and ID number, expenditure items, collection amount and other related information on the receipt voucher.