Personal Income Tax Law
Income of 100 million VND subject to tax is 35%, actual tax payable is nearly 17 million VND
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With an income of 100 million VND/month and no dependents, after deductions and compulsory insurance, the actual tax payable is nearly 17 million VND.
Income of 100 million VND with tax payment of 35%, tax burden increased sharply by 30-50% compared to the old level
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The 5-level tax rate with the highest tax rate of 35% for income from 100 million VND/month may cause the tax burden to be 30-50% higher than in 2007.
Proposal to increase the highest taxable income threshold to 1.5 billion VND/year
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Experts say that the Law on Personal Income Tax still has many loopholes and does not ensure fairness.
imposing a 35% personal income tax makes income earners quite taxed like the "super-rich"
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Delegate Hoang Van Cuong said that the proposed personal income tax rate is unreasonable, causing people to try to increase their income slightly, the tax has increased sharply.
Proposal to apply 35% personal income tax on taxable income over VND 100 million/month
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According to the draft Law on Personal Income Tax (amended), the tax table still has 5 levels. The final tax rate is 35% applied to taxable income over VND 100 million/month.
The National Assembly discussed the draft Law on Personal Income Tax (amended): Increasing the family deduction level, meeting the expectations of many workers
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This week, one of the topics discussed in the National Assembly that attracted public attention was the Law on Personal Income Tax (amended). Regarding this issue, the increase in family deductions of more than 40% is considered suitable for current income and price fluctuations, but many opinions say that it is necessary to calculate for the period after 2026 to closely follow reality.
List of cases considered dependent to reduce family deductions
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The Law on Personal Income Tax stipulates many cases of dependents for family deduction, not only limited to parent-child relationships.
Conditions for business households to be exempt from personal income tax and value added tax
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The project "Converting tax management models and methods for business households when eliminating contract tax" stipulates that business households are exempt from personal income tax and value added tax.
10 types of income exempt from personal income tax
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According to the provisions of Circular 111/2013/TT-BTC (amended and supplemented in Circular 92/2015/TT-BTC), there are 10 income items exempt from personal income tax.
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.
Determining taxable income from salaries and wages in 2025
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Taxable income from salaries and wages in 2025 continues to be determined according to current regulations.
Income from salaries and wages is exempt from personal income tax from January 1, 2026
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From January 1, 2026, high-quality digital technology industrial human resources will be exempted from personal income tax for some income from salaries and wages.
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.
Lower tax rates to create motivation for high-income people
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Commenting on the draft Law on Personal Income Tax (amended), many opinions said that it is necessary to lower the tax rate to ensure fairness and encourage people with high incomes.
