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personal income tax
Updated news related to personal income tax
5 amounts of money transferred into personal accounts are subject to personal income tax
From July 1, 2025, people need to clearly understand the 5 types of income transferred into personal accounts that are subject to personal income tax (PIT).
Society
Receiving record bonus, U23 Vietnam does not have to pay personal income tax
Tens of billions of dong in bonuses for the U23 Vietnam players will not be subject to personal income tax, Ms. Nguyen Thi Hanh, Director of the Personal Income Tax Department, General Department of Taxation, confirmed.
Adjusting personal income tax: Benefit for the majority
According to the Ministry of Finance, the proposal to change the personal income tax (PIT) scale is mainly aimed at the majority of Vietnamese people who are paying PIT. Thereby, reducing the number of people who have to jump tax levels and have to make annual tax settlements. This proposal also aims to increase the tax rate for people with unusual sources of income such as income from lottery winnings...
Important notes for personal income tax payers
Taxable income
Personal income tax Q&A, December 4
(Baonghean) - Question: The Law amending and supplementing the Laws on Tax No. 71/2014/QH13, effective from January 1, 2015, includes many amendments and supplements to tax policies and tax administration. Could the Tax Department please inform us about the amendments and supplements to Tax Administration?
Personal income tax Q&A, period 2, December
(Baonghean) - Question: The National Assembly has recently issued a Law amending and supplementing a number of articles of the Tax Laws. Could the Tax Department please inform us of the amended contents of personal income tax (PIT)?
Personal income tax Q&A, period 3, December
(Baonghean) - Question: Request the Tax Department to inform about the amendments and supplements to VAT, Resource Tax, and Corporate Income Tax stipulated in the Law amending and supplementing a number of articles of the Laws on Taxes.
Changing personal income tax rates does not greatly affect budget revenue results.
DNUM_ADZAHZCABD 10:21
Starting from July 1, 2013, the Personal Income Tax (PIT) Law officially took effect. Instead of the old level of 4 million VND, according to the new law, employees with income over 9 million VND are subject to tax. This will have an impact on the budget collection situation in the area.
Income over 6 million VND must pay personal income tax
DNUM_AJZADZCABC 14:57
The Ministry of Finance has just announced the Draft Law amending and supplementing a number of articles of the Law on Personal Income Tax. Accordingly, the two most notable contents of this revision are increasing the family deduction to 6 million VND/month and reducing the progressive tax rate to 6 levels, with the highest tax rate being only 30%.
The starting level for personal income tax can be raised to 10 million VND.
DNUM_ADZADZCABB 13:44
The Ministry of Finance has proposed to amend the Personal Income Tax (PIT) Law to use the minimum wage as the basis for calculating the taxable starting point. Accordingly, the new law may raise the taxable starting point to VND10 million.
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