Issue ? 42. February 2014

Improvement of a mechanism of managing a payment Fund at the enterprises of small and midsize businesses

PhD in economics, associate Professor, first Pro-rector of the Institute of economy and anti-crisis management, Professor of the “Tax advice” Department of the Financial university under the Government of the Russian Federation.
E-mail: umc331@mail.ru

Labor costs have significant influence on the prime price of goods (works, services). The relevance of the research topic is determined by the correct documenting of this type of costs which influences the financial result of the organization activity. Labor payment in accordance with the Labor Code of the Russian Federation does not always correspond to the criterion values of the Tax Code and the main purpose of this article is a compliance of labor costs with labor and tax legislation that will not only reduce the real cost of goods (works, services) in organizations, negate the tax risks but will also enhance the material and non-material stimulation of the personnel. This article considers the features of documentary maintenance of labor costs, accretion of premiums, compensation payments, specialized allowances and other structural elements of the wage Fund at the enterprises of small and midsize businesses on the basis of the existing legislation, clarification of relevant agencies and arbitration practice. Also, issues associated with bonus reduction, financial support, arrangement of catering services for employees, corporate events, etc. that will significantly reduce tax risks are covered in the article.

Keywords

Wages, salaries, personal bonuses, profit tax, personal income tax, payroll, collective agreement, payment regulations, financial stimulation.