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165 points smlavine | 2 comments | | HN request time: 0.004s | source
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unclad5968 ◴[] No.45112096[source]
I know literally nothing about business accounting or business taxes. Why does the expenses include both the employee's compensation and also their taxes? Do businesses claim their employees taxes as expenses?

Very cool to see such a detailed report about finances.

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shrubble ◴[] No.45112832[source]
In the USA at least, the employee pays taxes on their wages and the employer, also pays some taxes on the employee wages as well.
replies(1): >>45121366 #
1. ksec ◴[] No.45121366[source]
Is that a US thing only? Because this sounds like double taxation. An employee have to pay Income tax, which is normal and standard across the globe, but employer also have to pay another "income tax" for its employees on top of pensions, medicals and others ?
replies(1): >>45126420 #
2. throwawaymaths ◴[] No.45126420[source]
It's not an income tax, it's a payroll tax. and there is nothing in general saying you can't double-tax. plenty of double taxes in the us.