Staff accounting> Income tax> Setup> Off-budget funds> Deduction, discount, and relief codes

Before you can calculate Single Social Tax (SST) and payments for compulsory social insurance against accidents, you must configure the off-budget funds and complete the deduction code directories in the Off-budget funds and labor remuneration fund taxesform and Reliefs and deductions on off-budget fundsform. You also must set up the Tax calculation settingsform and enter employee deductions and benefits in the Rate valuesform. When this is complete, you can use the Reliefs and deductions on off-budget fundsform to calculate the reliefs and deductions on off-budget funds.

Navigating the form

The following tables provide descriptions for the controls in this form.

Tabs

Tab

Description

Overview

Create or modify deduction, relief, and discount codes for employees.

General

View or modify deduction, relief, and discount codes for employees.

Means of payments

Set up the payment types by moving payment types from Remainingto Selected.

Note Note

This tab is available only when you have selected Deductions in income typesin the Deduction typefield .

Tax deduction

Set up the tax deduction codes by moving tax codes from Remainingto Selected.

Note Note

This tab is available when you have selected Tax deductionin the Deduction typefield.

Buttons

Button

Description

<<

Add all the deduction codes from Remainingto Selected.

<

Add the selected deduction code from Remainingto Selected.

>

Add the selected deduction code from Selectedto Remaining.

>>

Add all the deduction codes from Selectedto Remaining.

<<

Add all the payment types from Remainingto Selected.

<

Add the selected payment type from Remainingto Selected.

>

Add the selected payment type from Selectedto Remaining.

>>

Add all the payment types from Selectedto Remaining.

Fields

Field

Description

Deduction code

Enter the deduction code for off-budget funds.

Name

Enter a description of the deduction.

Deduction type

Select the deduction type from the following options:

  • Fund deduction

  • Tax deduction

  • Deductions in income types

Note Note

Depending on the deduction you select, an additional tab will be displayed. On this tab, you can configure some types of payments or tax deductions which will be used in calculating benefits.

Rate (reference)

Select the rate that determines the tax deduction for the employee.

Rate (value)

Select the rate that determines the size of the deduction.

Tax value

Select the rate that determines the payment to the fund.

Period of validity

Select the period for which the deduction is valid from the following options:

  • No

  • Month

  • Quarter

  • Half-year

  • Years

  • Unlimited

See Also