Reduce personal income tax
How to calculate personal income tax from 2026 when tax rates change
|
The tax system has changed, but the 2025 Law on Personal Income Tax still maintains the method of calculating personal income tax (PIT) from wages.
20h News: New tax rate approved by the National Assembly for people earning over 100 million VND/month
|
20h News on December 10: New tax rate approved by the National Assembly for people with an income of over 100 million VND/month; Enforced site recovery for the Ring Road 1 project;...
The National Assembly finalizes a plan to apply a 35% tax on income of over 100 million VND/month
|
The Law on Personal Income Tax (PIT) amends the regulation, the highest tax rate is 35%, applied to taxable income over 100 million VND/month.
Will continue to adjust the personal income tax table, reduce tax rates by 15%, 25%
|
The Ministry of Finance said that it will continue to adjust the progressive personal income tax table partially in the direction of considering reducing the tax rate by 15%, 25% to 10%, 20%.
Tax authorities explain regulations on personal income tax collection
|
On the Government Information Portal, the tax authority has just responded to citizens about the regulation on personal income tax payment.
Reductions except for personal income tax from salaries and wages in 2025
|
The deductions are the amounts deducted from the taxable income of residential individuals before determining taxable income from salaries and wages.
Regulations confirming income of dependents paying personal income tax after July 1
|
The tax authority has just responded to citizens when asked: From July 1, how are the procedures for confirming the income of dependents paying personal income tax implemented?
Income of 100 million VND with tax payment of 35%, tax burden increased sharply by 30-50% compared to the old level
|
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.
Income of 100 million VND is subject to 35%, tax burden increases sharply even though real income remains unchanged
|
The new proposed tax rate includes 5 levels, the highest tax rate is 35% for income of 100 million VND/month. Experts say the tax burden will increase sharply.
Conditions for business households to be exempt from personal income tax and value added tax
|
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.
Combining dependent registration procedures with tax registration, reducing duplication of documents
|
The Ministry of Finance proposes combining two procedures to reduce duplication of records, save time and facilitate taxpayers.
How to calculate personal income tax from wages
|
Personal income tax rate will still be applied at 7 levels, the basis for calculating tax on income from wages and wages.
Proposal to calculate taxes on YouTuber and TikToker's revenues from fans
|
The Hanoi People's Committee proposed to add revenue from voluntary fan donations to YouTubers, TikTokers, ... subject to personal income tax.
Explanation of the Ministry of Finance on income over 100 million VND/month subject to a tax rate of 35%
|
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.
Instructions for tax allocation, tax declaration and personal income tax payment in 2025
|
Circular 80/2021/TT-BTC stipulates how to allocate, declare and pay personal income tax from wages and calculation lottery prizes.
