Personal income tax policy

Allowances and subsidies not subject to personal income tax in 2025

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Allowances and subsidies not subject to personal income tax (PIT) are stipulated in Point b, Clause 2, Article 2 of Circular 111/2013/TT-BTC.

Towards a fair, transparent and social consensus on the Law on Personal Income Tax

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The draft Law on Personal Income Tax (replacement) has been widely consulted, with many notable contents such as adjusting the family deduction level, streamlining tax plans, reviewing taxable income, and tax exemption.

Proposal to calculate taxes on YouTuber and TikToker's revenues from fans

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The Hanoi People's Committee proposed to add revenue from voluntary fan donations to YouTubers, TikTokers, ... subject to personal income tax.

Supplementing a series of income items exempt from personal income tax

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The Government assigned the Ministry of Finance to review and add many income items to the personal income tax exemption when completing the draft Law on amending.

Proposal to collect 1 - 1.5% of tax on gold trading, deductions at source

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Experts propose applying a gold trading tax of 11.5%/tael or more, deducted from the source, to limit speculation and market transparency.

Income of 40 million VND/month, pay tax of 540 thousand VND if there are 2 dependents

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With the proposal to increase the family deduction to 15.5 million VND, people with an income of 40 million VND/month and a dependent will pay 450 thousand VND/month in taxes.

Explanation of the Ministry of Finance on income over 100 million VND/month subject to a tax rate of 35%

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The latest draft of the Law on Personal Income Tax (amended) maintains the highest tax rate of 35% for taxable income over 100 million VND/month.

Adding new deductions when calculating personal income tax

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The Ministry of Finance proposes to add a special deduction for health and education costs of taxpayers and dependents when calculating personal income tax.

Tax rates and how to calculate personal income tax from wages in 2025

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In 2025, personal income tax from wages and wages will continue to apply a partial progressive tax rate of 7 levels, from 5% to 35%.

Income from salaries and wages is exempt from personal income tax from 1.10.2025

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From October 1, 2025, income from salaries and wages when performing scientific, technological and innovation tasks will be exempted from personal income tax.

Proposal to exempt tax for some special income groups

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Many proposals for tax exemption with income from defense science, agricultural cooperatives, inheritance, gifts... to suit the actual situation.