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personal income tax
News updates related to personal income tax.
New regulations on personal income tax deductions for dependents, effective from 2026.
"From 2026, the personal income tax deduction will change. Please specify the deduction amount applicable from January 1, 2026, and which individuals are eligible for this deduction..."
Law
How to register dependents yourself on the tax public service portal.
This guide provides a detailed 14-step process for declaring and submitting the dependent registration form (Form 20-ĐK-TH-TCT) online, helping taxpayers save time.
From 2026, only business households with annual revenue exceeding 500 million VND will be required to pay taxes.
On the morning of December 10th, the National Assembly voted to pass the amended Personal Income Tax Law with over 92% of delegates in favor. The taxable revenue threshold for business households was raised from 100 million VND...
The latest proposal regarding the tax-exempt revenue threshold for individuals and household businesses.
On the evening of December 2nd, the Standing Committee of the National Assembly met to discuss and provide feedback on the draft amendments to the Law on Personal Income Tax and the Law on Tax Administration.
Good news for businesses: The Ministry of Finance proposes calculating income tax on profit instead of revenue.
The Ministry of Finance plans to report to the Government on a scheme to levy tax on income (revenue - expenses) from all individuals and business households with revenue above the tax-exempt threshold.
Increasing personal allowances: A suitable step in the context of rising prices.
Following numerous petitions from workers, the adjustment to increase the personal income tax deduction for dependents has been officially approved by the National Assembly. Accordingly, from 2026, the deduction for...
Three types of income will be exempt from personal income tax starting in October 2025.
Income derived from scientific and technological activities will be exempt from personal income tax.
Personal income tax calculation: Ministry of Finance proposes raising the family allowance deduction to 15.5 million VND/month.
September 9, 2025 17:39
Despite proposals to adjust the personal allowance for taxpayers to 20 million VND/month, the Ministry of Finance has submitted a plan to raise it to 15.5 million VND/month for tax calculation...
Revising personal income tax: A reasonable third option needs to be added to better reflect reality.
August 17, 2025 09:28
The Ministry of Finance is studying revisions to the personal income tax (PIT) schedule, aiming to reduce the number of tax brackets from seven to five and widen the income gap between brackets. The goal is to ensure...
Can I sell land if I owe business taxes?
August 7, 2025 10:26
I previously owned a food service business, a restaurant. Two years later, I ceased operations and notified the tax authorities directly responsible for the area. Now I am signing this contract...
5 types of money transferred into a personal account that are subject to personal income tax.
July 2, 2025 18:09
From July 1st, 2025, people need to be aware of the 5 types of income transferred into personal accounts that are subject to personal income tax.
These are cases where bank transfers are not subject to tax.
July 1, 2025 08:54
Many individuals and businesses have expressed concerns about whether they will be taxed on all money transfers, including those received from relatives, friends, or work-related expenses. Below are some examples...
From July 1, 2025, the citizen identification number will also serve as the personal income tax identification number.
June 23, 2025 09:20
From July 1st, 2025, a significant shift in tax administration will officially be implemented: the 12-digit citizen identification number (CCCD) will completely replace the individual tax identification number...
From July 1, 2025, the personal identification number will be used instead of the tax identification number.
June 4, 2025 16:00
According to information from the Tax Department of Region X, from July 1, 2025 onwards, the personal identification number will be used instead of the tax code for households, business households, individual businesses, and individuals.
Online personal income tax refund: results available in just 3 days.
February 18, 2025 10:45
A personal income tax refund process with results available in just 3 days is the content stated in the General Department of Taxation's decision on the automated personal income tax refund procedure.
Are charitable donations considered deductible expenses for personal income tax purposes?
September 19, 2024 09:25
The Nghe An Tax Department has received letters from several businesses inquiring whether charitable donations are tax-deductible. The Nghe An Tax Department responds as follows:
Personal deductions: The 'first' challenge
September 5, 2024 09:40
Recently, alongside the joy of the increase in the basic salary, many people have shared concerns about the fact that while salaries have increased, the personal allowance remains low, resulting in the actual amount received not matching the amount received...
Minister of Finance Ho Duc Phoc: The Personal Income Tax Law will be amended in 2025.
March 18, 2024 11:21
(Baonghean.vn) - This information was provided by Minister of Finance Ho Duc Phoc when answering questions from National Assembly deputies at the question-and-answer session of the National Assembly Standing Committee...
How many years in prison will an employee who evades personal income tax face?
January 3, 2024 13:52
(Baonghean.vn) - I have been accused of evading personal income tax. What is the maximum prison sentence for personal income tax evasion? This is a question of concern to Ms. Nguyen Thuy H. (Nghi...
Personal income tax reduced for the first time in 10 years, but still collects over 100 trillion VND.
November 20, 2023 10:20
This is the first time in the past 10 years that personal income tax revenue in all three quarters has shown negative growth. However, personal income tax remains a significant component of total budget revenue.
Proposal to avoid increasing personal income tax on the transfer of a second or subsequent property.
March 6, 2023 10:48
According to HoREA, the current pilot program to increase land tax and personal income tax on the transfer of second or subsequent properties in Ho Chi Minh City is unreasonable and unfair.
Many shortcomings of the Personal Income Tax Law.
February 6, 2023 17:13
The Ministry of Finance is seeking opinions on amendments and additions to the Personal Income Tax Law. According to experts and businesses, the amendments are necessary because the law has too many shortcomings.
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