INCOMES THAT ARE NOT INCLUDED IN TAXABLE INCOME WHEN CALCULATING PIT According to Article 2 of Circular 111/2013/TT-BTC and Article 11 of Circular 02/2015/TT-BTC: – Dangerous toxic allowance – Unexpected hardship allowance, labor accident allowance, etc. – Housing, electricity, water ...

RENT SUPPORT FOR EMPLOYEES Rent support for employees in industrial zones (IZs) and export processing zones (IPZs) (On March 28, 2022, the Prime Minister promulgated Decision No. 08/2022/QD-TTg on implementation of policies on rent support for employees) Employees has an ...

ARE INDIVIDUALS WHO LEND MONEY TO COMPANIES WITHOUT INTEREST SUBJECT TO TAX? Tax imposition is a tax authority that imposes on a taxpayer a certain specific amount of tax, obliges the taxpayer to pay a certain tax liability in certain ...

I WORL IN MANY PLACES  YOU NEED TO KNOW: 1. Tax calculation ( PART 1) 2. Calculate deduction for self and dependents 3. Finalization of PIT 4. Pay social insurance     I / How to calculate personal income tax ...

𝑷𝑨𝒀𝑴𝑬𝑵𝑻 𝑶𝑭 𝑪𝑶𝑴𝑷𝑼𝑳𝑺𝑶𝑹𝒀 𝑺𝑶𝑪𝑰𝑨𝑳 𝑰𝑵𝑺𝑼𝑹𝑨𝑵𝑪𝑬 According to the provisions of Clause 2, Article 89 of the Law on Social Insurance 2014: The monthly salary on which social insurance premiums are based is the salary, salary allowances and other additional amounts ...

DEDUCTION FOR FAMILY CIRCUMSTANCE ***The deduction for family circumstances in 2022 is implemented in accordance with Resolution 954/2020/UBTVQH14. Specifically: – The deduction for taxpayers is 11 million VND/month (132 million VND/year); – The deduction for each dependent is 4.4 million ...

PERSONAL INCOME TAX RATES FOR RESIDENTS AND NON-RESIDENTS? According to article 25 of Circular 111/2013/TT-BTC. Non-resident individuals: PIT on income from wages, salary of non-resident individuals is determined by taxable income from wages, salary multiplied by tax rate of 20%. ...

RETAINING ACCOUTING DOCUMENTS Regulations on retaining Accounting documents (Decree No. 174/2016/NĐ-CP dated December 30, 2016, elaboration of some article of the Law on Accounting) 1. Accounting documents that have to be retained Accounting records. Detailed accounting books and overall accounting ...