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Are payroll withholding taxes an expense or a liability?

Accounting Financial Accounting Payroll Accounting
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Question added by Yazan Ahmad , programmer , wysada
Date Posted: 2017/01/16
Upvote (0) Views (5) Followers (3) Answers (3) Report Question
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Ahmed mohsen
by Ahmed mohsen , Senior Accountant , Main Poly Clinic

They are a liability until the money is remitted to the government.

Abdullah Aziz Eldain Morsi Elgendy - CMA Candidate
by Abdullah Aziz Eldain Morsi Elgendy - CMA Candidate , Regional Receivable Accountant , Amiantit Group of Companies

 the answer \\( it is liabilities )

Soliman Abd ALmalak Gendy
by Soliman Abd ALmalak Gendy , مدير ادارة مراقبة حسابات , الجهاز المركزى للمحاسبات

Payroll taxes withheld from employees, wages and salaries are liabitilies of employer.

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