Can parents vtv5 trực tiếp bóng đá hôm nay working age be considered for personal exemption when paying personal income tax in Vietnam?

What is the current personal exemption level in Vietnam?

Pursuant to the provisions in Article 19 vtv5 trực tiếp bóng đá hôm nay theLaw on Personal Income Tax 2007, amended by Clause 4, Article 1 vtv5 trực tiếp bóng đá hôm nay theLaw on Amendments to the Law on Personal Income Tax 2012, Article 1 vtv5 trực tiếp bóng đá hôm nayResolution 954/2020/UBTVQH14(Regulations related to the determination vtv5 trực tiếp bóng đá hôm nay tax for business individuals in Clause 1 vtv5 trực tiếp bóng đá hôm nay this Article are repealed by Clause 4, Article 6 vtv5 trực tiếp bóng đá hôm nay theLaw amending Tax Laws 2014), the personal exemption is the amount deducted from taxable income before tax calculation for income from business, salary, wages for taxpayers who are resident individuals.

The personal exemption includes:

- personal exemption vtv5 trực tiếp bóng đá hôm nay 11 million VND/month (132 million VND/year) applicable to the taxpayer themselves;

- personal exemption vtv5 trực tiếp bóng đá hôm nay 4.4 million VND/month applicable for each dependant vtv5 trực tiếp bóng đá hôm nay the taxpayer.

Can parents vtv5 trực tiếp bóng đá hôm nay working age be considered for personal exemption when paying personal income tax in Vietnam? (Image from the Internet)

Can parents vtv5 trực tiếp bóng đá hôm nay working age be considered for personal exemption when paying personal income tax in Vietnam?

Based on the provisions in Clause 1, Article 9 vtv5 trực tiếp bóng đá hôm nayCircular 111/2013/TT-BTC(Provisions related to personal income tax for business individuals in this Article are repealed by Clause 6, Article 25 vtv5 trực tiếp bóng đá hôm nayCircular 92/2015/TT-BTC), the provisions on personal exemption are as follows:

Deductible items

The deductible items as guided in this Article are the amounts deducted from the taxable income vtv5 trực tiếp bóng đá hôm nay individuals before determining taxable income from salary, wages, or business. Specifically, as follows:

1. personal exemption

...

d) dependants include:

...

d.3) Biological father, biological mother; father-in-law, mother-in-law (or father-in-law, mother-in-law); stepfather, stepmother; legally adoptive father, or adoptive mother vtv5 trực tiếp bóng đá hôm nay the taxpayer who meet the conditions stated at point đ, clause 1, this Article.

d.4) Other individuals who have no place to rely on, whom the taxpayer is directly raising and who meet the conditions stated at point đ, clause 1, this Article include:

d.4.1) Biological siblings vtv5 trực tiếp bóng đá hôm nay the taxpayer.

d.4.2) Grandparents, uncles, aunts, uncles, aunts vtv5 trực tiếp bóng đá hôm nay the taxpayer.

d.4.3) Nephews vtv5 trực tiếp bóng đá hôm nay the taxpayer including the children vtv5 trực tiếp bóng đá hôm nay siblings.

d.4.4) Other individuals directly cared for as per the provisions vtv5 trực tiếp bóng đá hôm nay the law.

dd) Individuals considered as dependants under the guidance in clauses d.2, d.3, d.4, point d, clause 1, this Article must meet the following conditions:

dd.1) For individuals vtv5 trực tiếp bóng đá hôm nay working age, they must simultaneously meet the following conditions:

dd.1.1) Disabled, incapable vtv5 trực tiếp bóng đá hôm nay working.

dd.1.2) Have no income or have an average monthly income in the year from all sources not exceeding 1,000,000 VND.

dd.2) For individuals outside the working age, they must have no income or their average monthly income in the year from all sources must not exceed 1,000,000 VND.

From the above regulations, it can be seen that parents vtv5 trực tiếp bóng đá hôm nay working age can still be considered for a personal exemption when paying personal income tax if they simultaneously satisfy the following conditions:

- Disabled, incapable vtv5 trực tiếp bóng đá hôm nay working.

- Have no income or have an average monthly income in the year from all sources not exceeding 1,000,000 VND.

What documents are required to apply for a personal exemption for parents vtv5 trực tiếp bóng đá hôm nay working age in Vietnam?

Based on the provisions in point g, Clause 1, Article 9 vtv5 trực tiếp bóng đá hôm nayCircular 111/2013/TT-BTC, amended by Article 1 vtv5 trực tiếp bóng đá hôm nayCircular 79/2022/TT-BTC, the documents proving dependants as parents vtv5 trực tiếp bóng đá hôm nay working age for personal exemption when paying personal income tax are as follows:

- A photocopy vtv5 trực tiếp bóng đá hôm nay the National ID card or Citizen Identification card.

- Legal documents to determine the relationship vtv5 trực tiếp bóng đá hôm nay the dependant with the taxpayer, such as a photocopy vtv5 trực tiếp bóng đá hôm nay the Certificate vtv5 trực tiếp bóng đá hôm nay Residence Information, or Notification vtv5 trực tiếp bóng đá hôm nay Personal Identification Number and information in the National Population Database, or other documents issued by the Police Authority, birth certificate, decision to recognize the parent-child relationship by a competent State authority.

- Proof documents must include additional documents proving the person is disabled, incapable vtv5 trực tiếp bóng đá hôm nay working, such as a photocopy vtv5 trực tiếp bóng đá hôm nay the Disability Certificate in accordance with the laws on persons with disabilities for those who are disabled and incapable vtv5 trực tiếp bóng đá hôm nay working, a photocopy vtv5 trực tiếp bóng đá hôm nay medical records for those suffering from diseases making them incapable vtv5 trực tiếp bóng đá hôm nay working (such as AIDS, cancer, chronic kidney failure, etc.).

How to register dependants for the first time concerning income from salary, wages in Vietnam?

Pursuant to the provisions in point h, Clause 1, Article 9 vtv5 trực tiếp bóng đá hôm nayCircular 111/2013/TT-BTC, the method to register dependants for the first time concerning income from salary and wages is as follows:

- Taxpayers with income from salary, wages register dependants using the form issued together with the tax management guidance document (form 20-DK-TH-TCTDownloadissued withCircular 105/2020/TT-BTC) and submit two (02) copies to the organization, individual paying income as a basis for calculating deduction for dependants.

- The organization or individual paying income retains one (01) copy and submits one (01) copy to the tax authority directly managing it at the same time as submitting the personal income tax declaration vtv5 trực tiếp bóng đá hôm nay the tax declaration period as per tax management law.

For individuals directly declaring tax with the tax authority, the individual submits one (01) copy vtv5 trực tiếp bóng đá hôm nay the dependant registration form according to the form issued with the tax management guidance document (form 20-DK-TH-TCTDownloadissued withCircular 105/2020/TT-BTC) to the tax authority directly managing the income-paying organization at the same time as submitting the personal income tax declaration vtv5 trực tiếp bóng đá hôm nay the tax declaration period as per the Law on Tax Administration.