Tuesday, September 30, 2025

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personal income

News updates related to personal income

Tính thuế thu nhập cá nhân: Bộ Tài chính trình nâng giảm trừ gia cảnh lên 15,5 triệu/tháng

Calculating personal income tax: Ministry of Finance proposes to increase family deduction to 15.5 million/month

Although there is a proposal to adjust the family deduction for taxpayers to 20 million VND/month, the Ministry of Finance has proposed to raise it to 15.5 million VND/month when calculating personal income tax.

Amending personal income tax: Need to add reasonable option 3 to be closer to reality

The Ministry of Finance is studying the revision of the personal income tax (PIT) schedule by reducing the number of tax brackets from 7 to 5 and widening the income gap between brackets. The goal is to ensure greater fairness in income regulation while simplifying tax calculation. Currently, two options for adjusting the tax schedule are being widely consulted in society.
Can I sell land if I owe business taxes?

Previously, I opened a restaurant and food service business. Two years later, I stopped doing business and notified the Tax Authority directly managing the area. Now, I signed a transfer contract to sell a plot of land. However, I have just received a notice from the competent authority to process my registration of changes with the content: still owing personal income tax and value added tax from the business activities of the business household that I opened before.

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