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personal income tax
Updated news related to personal income tax
Increasing family deductions: A sensible move in a time of rising prices
After many petitions from workers, the adjustment to increase the personal income tax family deduction has been officially approved by the National Assembly. Accordingly, from 2026, the deduction for...
Video
3 income sources are exempt from personal income tax from October 2025
Income from scientific and technological activities will be exempt from personal income tax.
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 increase it to 15.5 million VND/month when calculating taxes...
Amending personal income tax: Need to add reasonable option 3 to be closer to reality
The Ministry of Finance is studying to amend the personal income tax (PIT) table by reducing the number of tax brackets from 7 to 5 and widening the income gap between brackets. The goal is to ensure...
Can I sell land if I owe business taxes?
Previously, I opened a restaurant and food service business. Two years later, I stopped the business and notified the Tax Department directly managing the area. Now I have signed a contract...
5 amounts of money transferred into personal accounts are subject to personal income tax
From July 1, 2025, people need to clearly understand that 5 types of income transferred into personal accounts are subject to personal income tax (PIT).
Transfers that are not taxed
Many people and businesses have expressed concerns about whether all money transfers, including money received from relatives, friends or work, will be taxed. Below are the cases...
From July 1, 2025, the citizen identification number will be the personal income tax code.
June 23, 2025 09:20
From July 1, 2025, an important shift in the field of tax management will be officially implemented: the 12-digit citizen identification number (CCCD) will completely replace the personal tax code...
From July 1, 2025, use personal identification numbers instead of tax codes
June 4, 2025 16:00
According to information from the Tax Department of Region X, from July 1, 2025, personal identification numbers will be used instead of tax codes of households, business households, individual businesses, and individuals.
Online personal income tax refund with results in just 3 days
February 18, 2025 10:45
Personal Income Tax refund in just 3 days is the content stated in the decision of the General Department of Taxation on the automatic personal income tax refund process.
Is charity money counted as an expense deductible from personal income tax?
September 19, 2024 09:25
Nghe An Tax Department received documents from a number of businesses asking whether charity money can be deducted from tax. Nghe An Tax Department responded as follows:
Family deduction: The 'first' problem
September 5, 2024 09:40
Recently, besides the joy of getting a basic salary increase, many people shared their concerns about the salary increase but the family deduction level is still low, making the actual amount received not as...
Minister of Finance Ho Duc Phoc: Will amend the Law on Personal Income Tax in 2025
March 18, 2024 11:21
(Baonghean.vn) - This is the information given by Minister of Finance Ho Duc Phoc when answering questions from National Assembly deputies at the question and answer session held by the National Assembly Standing Committee...
How many years will workers evade personal income tax go to prison?
January 3, 2024 13:52
(Baonghean.vn) - I was accused of personal income tax evasion. So what is the maximum number of years in prison for personal income tax evasion?. The concern of Ms. Nguyen Thuy H. (Suspect...
Personal income tax reduced for the first time in 10 years, still collecting over hundreds of thousands of billions
November 20, 2023 10:20
This is the first year in the past 10 years that personal income tax revenue has grown negatively in three quarters of the year. However, personal income tax is still a large part of total budget revenue.
Proposal not to increase personal income tax when transferring second or more real estate
March 6, 2023 10:48
According to HoREA, the current pilot program to increase taxes on residential land and personal income tax when transferring a second or more property in Ho Chi Minh City is unreasonable.
Many shortcomings of the Personal Income Tax Law
February 6, 2023 17:13
The Ministry of Finance is seeking opinions on amending and supplementing the Law on Personal Income Tax. According to experts and businesses, the amendment is very necessary because the law has too many shortcomings.
Vinh City's budget revenue reached nearly 3,539 billion VND
December 12, 2022 17:44
(Baonghean.vn) - In 2022, with many efforts, budget revenue in Vinh city reached nearly 3,539 billion VND, the highest year ever.
Nghe An: Budget collection reaches the finish line early
November 14, 2022 08:14
(Baonghean.vn) - In the first 10 months of the year, Nghe An Tax Department reached the finish line early with 18,377 billion VND. Also in 10 months, the Tax Department inspected more than 6,000 taxpayers.
The truth about shell companies that help the rich hide money in the 'tax haven' Panama
October 6, 2021 07:02
Following the Paradise Papers and Panama Papers, the Pandora Papers, consisting of nearly 12 million documents, continue to expose more secrets about the mysterious world of offshore companies and trusts.
3 notes when declaring personal income tax under the new law
February 27, 2021 07:24
Decree 126 guiding the Law on Tax Administration officially took effect, including some notes that employees need to pay attention to when declaring personal income tax.
Exemption from additional personal income tax payable from 50,000 VND or less
February 16, 2021 07:09
This is one of the contents of the General Department of Taxation's guidance on personal income tax settlement in 2020 according to new regulations.
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