What are guidelines for calculating personal income tax using the abridged method for 2025 on trực tiếp bóng đá hôm nay euro salaries and wages in Vietnam?
What are guidelines for calculating personal income tax (PIT) using the abridged method for 2025 on trực tiếp bóng đá hôm nay euro salaries and wages in Vietnam?
Based on Clause 3, Article 7 ofCircular 111/2013/TT-BTCwhich stipulates that taxable personal income tax on trực tiếp bóng đá hôm nay euro salaries, wages is determined by the following formula:
PIT payable = Taxable Income x Tax Rate
In which:
- Taxable Income (TNTT) = Taxable Income - Deductions.
- The tax rates on salaries, wages are progressive according to parts as stipulated in Article 22 of thePersonal Income Tax Law 2008. Specifically:
| Tax Bracket | Taxable Income/year (million VND) | Taxable Income/month (million VND) | Tax Rate (%) |
| 1 | Up to 60 | Up to 5 | 5 |
| 2 | Over 60 to 120 | Over 5 to 10 | 10 |
| 3 | Over 120 to 216 | Over 10 to 18 | 15 |
| 4 | Over 216 to 384 | Over 18 to 32 | 20 |
| 5 | Over 384 to 624 | Over 32 to 52 | 25 |
| 6 | Over 624 to 960 | Over 52 to 80 | 30 |
| 7 | Over 960 | Over 80 | 35 |
However, based on Appendix No. 01/PL-TNCN issued withCircular 111/2013/TT-BTC, there is a provision for the abridged method of calculating PIT on wages as follows:
| Bracket | Taxable Income/month (VND) | Tax Rate | Calculate Tax Payable Method 1 | Calculate Tax Payable Method 2 |
| 1 | Up to 5 million | 5% | 0 million + 5% TNTT | 5% TNTT |
| 2 | Over 5 million to 10 million | 10% | 0.25 million + 10% TNTT over 5 million | 10% TNTT - 0.25 million |
| 3 | Over 10 million to 18 million | 15% | 0.75 million + 15% TNTT over 10 million | 15% TNTT - 0.75 million |
| 4 | Over 18 million to 32 million | 20% | 1.95 million + 20% TNTT over 18 million | 20% TNTT - 1.65 million |
| 5 | Over 32 million to 52 million | 25% | 4.75 million + 25% TNTT over 32 million | 25% TNTT - 3.25 million |
| 6 | Over 52 million to 80 million | 30% | 9.75 million + 30% TNTT over 52 million | 30 % TNTT - 5.85 million |
| 7 | Over 80 million | 35% | 18.15 million + 35% TNTT over 80 million | 35% TNTT - 9.85 million |
The taxpayer only needs to determine the taxable income per month and the corresponding tax bracket, then apply the simplified tax calculation formula to determine the personal income tax payable.
This abridged method offers a convenient and easy approach when calculating personal income tax on trực tiếp bóng đá hôm nay euro salaries and wages. Below is an example to help you visualize this simplified calculation method:
Example:Mrs. C has trực tiếp bóng đá hôm nay euro salary and wages in the month totaling 40 million VND and contributes to insurance according to the rate of: 8% social insurance, 1.5% health insurance on salary, 1% unemployment insurance. Mrs. C supports 2 children under 18 years old, and during the month Mrs. C does not make charitable, humanitarian, or educational contributions.
Tax payable calculated by the abridged method
- Mrs. C’s taxable income is 40 million VND.
- Mrs. C is entitled to the following deductions:
+ Personal deduction: 11 million VND
+ Dependent deduction for 02 dependents (2 children):
4.4 million VND x 2 = 8.8 million VND
+ Social insurance, health insurance, unemployment insurance:
(The maximum salary for paying social and health insurance is not more than 20 times the statutory pay rate, i.e., not exceeding 2,340,000 x 20 = 46,800,000 VND)
40 million VND x (8% + 1.5% + 1%) = 4.2 million VND
Total deductions:
11 million VND + 8.8 million VND + 4.2 million VND = 24 million VND
- Mrs. C’s taxable income is:
40 million VND - 24 million VND = 16 million VND
=A monthly taxable income of 16 million VND falls under tax bracket 3. Therefore, the personal income tax payable is calculated as follows:
16 million VND x 15% - 75 million VND = 1,650,000 VND
What are guidelines for calculating personal income tax using the abridged method for 2025 on trực tiếp bóng đá hôm nay euro salaries and wages in Vietnam?(Image from the Internet)
What types of income are subject to PIT in Vietnam?
Based on Article 3 of thePersonal Income Tax Law 2007(amended by Clause 1, Article 1 of theAmended Personal Income Tax Law 2012and Article 2 of theLuật sửa đổi các Luật về trực), the following types of income are subject to PIT:
(1) trực tiếp bóng đá hôm nay euro business:
- trực tiếp bóng đá hôm nay euro the production and business activities of goods and services;
- trực tiếp bóng đá hôm nay euro independent professional activities of individuals with a practice license or certificate as required by law.
trực tiếp bóng đá hôm nay euro business regulations above does not include trực tiếp bóng đá hôm nay euro individual business with revenue of 100 million VND/year or less.
(2) trực tiếp bóng đá hôm nay euro salaries and wages:
- Salaries and wages and amounts of a salary or wage nature;
- Allowances and subsidies, except for allowances and subsidies according to laws on incentives for people with meritorious services, defense and security allowances, hazardous and dangerous allowances for occupations or jobs in toxic, dangerous workplaces, attraction allowances, regional allowances as regulated by law, sudden difficulty allowances, labor accident, occupational disease allowances, one-time maternity allowance, adoption allowance, one-time retirement allowance, monthly survivor's benefit, severance allowance, job loss allowance according to the Labor Code, other allowances paid by the Social Insurance, social evils settlement allowances;
- Remuneration in various forms;
- trực tiếp bóng đá hôm nay euro participation in business associations, boards of directors, supervisory boards, management boards, and other organizations;
- Other benefits received in cash or in kind;
- Bonuses, except for bonuses accompanied by state-awarded titles, national prizes, international prizes, bonuses for technological innovation, patents recognized by competent state agencies, bonuses for detecting and reporting legal violations to competent state agencies.
(3) trực tiếp bóng đá hôm nay euro capital investment:
- Interest from lending;
- Dividend income;
- trực tiếp bóng đá hôm nay euro other forms of capital investment, except for trực tiếp bóng đá hôm nay euro government bond interest.
(4) trực tiếp bóng đá hôm nay euro capital transfer:
- trực tiếp bóng đá hôm nay euro the transfer of capital in economic organizations;
- trực tiếp bóng đá hôm nay euro securities transfer;
- trực tiếp bóng đá hôm nay euro other forms of capital transfer.
(5) trực tiếp bóng đá hôm nay euro real estate transfer:
- trực tiếp bóng đá hôm nay euro the transfer of land use rights and assets attached to land;
- trực tiếp bóng đá hôm nay euro the transfer of ownership or use of housing;
- trực tiếp bóng đá hôm nay euro the transfer of lease rights of land, water surface;
- Other income received from real estate transfer.
(6) trực tiếp bóng đá hôm nay euro winning prizes:
- Lottery winnings;
- Winnings from promotional activities;
- Winnings from betting activities;
- Prizes from games, contests with prizes, and other forms of winnings.
(7) trực tiếp bóng đá hôm nay euro copyright:
- trực tiếp bóng đá hôm nay euro the transfer, transfer of use rights to intellectual property objects;
- trực tiếp bóng đá hôm nay euro technology transfer.
(8) trực tiếp bóng đá hôm nay euro franchising
(9) trực tiếp bóng đá hôm nay euro inheritance:
Referring to securities, capital contributions in economic organizations, business establishments, real estate, and other assets required to register for ownership or use.
(10) trực tiếp bóng đá hôm nay euro receiving gifts:
Referring to securities, capital contributions in economic organizations, business establishments, real estate, and other assets required to register for ownership or use.
What are regulations onperiod for personal income tax in Vietnam?
According to Article 7 of thePersonal Income Tax Law 2007(amended and supplemented by clause 3, Article 1 of theAmended Personal Income Tax Law 2012), the tax period for determining personal income tax is as follows:
(1) For resident individuals
- The annual tax period applies to trực tiếp bóng đá hôm nay euro business, trực tiếp bóng đá hôm nay euro salaries and wages;
- The tax period on each income generation applies to trực tiếp bóng đá hôm nay euro capital investment; trực tiếp bóng đá hôm nay euro capital transfer, excluding trực tiếp bóng đá hôm nay euro securities transfer; trực tiếp bóng đá hôm nay euro real estate transfer; prize income; trực tiếp bóng đá hôm nay euro copyright; trực tiếp bóng đá hôm nay euro franchising; trực tiếp bóng đá hôm nay euro inheritance; trực tiếp bóng đá hôm nay euro gifts;
- The tax period according to each transfer or annually for trực tiếp bóng đá hôm nay euro securities transfer.
In addition, the annual tax period applies to trực tiếp bóng đá hôm nay euro business and trực tiếp bóng đá hôm nay euro salaries and wages as guided in Article 6 ofCircular 111/2013/TT-BTCfor resident individuals as follows:
+ Annual tax period: applies to trực tiếp bóng đá hôm nay euro business and trực tiếp bóng đá hôm nay euro salaries and wages.
If during the calendar year, the individual is present in Vietnam for 183 days or more, the tax period is calculated based on the calendar year.
If during the calendar year, the individual is present in Vietnam for less than 183 days but remains for 183 days or more within 12 consecutive months from the date of first arrival in Vietnam, the initial tax period is the 12 consecutive months from the first date of arrival in Vietnam. From the second year, the tax period is based on the calendar year.
+ Tax period for each income generation: applies to trực tiếp bóng đá hôm nay euro capital investment, trực tiếp bóng đá hôm nay euro capital transfer, trực tiếp bóng đá hôm nay euro real estate transfer, prize income, trực tiếp bóng đá hôm nay euro copyright, trực tiếp bóng đá hôm nay euro franchising, trực tiếp bóng đá hôm nay euro inheritance, trực tiếp bóng đá hôm nay euro gifts.
+ Tax period for each income generation or annually applies to trực tiếp bóng đá hôm nay euro securities transfer.
(2) For non-resident individuals
The tax period for non-resident individuals is calculated per each income generation.
If a non-resident business individual has a fixed business location such as a store or booth, the tax period applies as for resident individuals with business income.
