Tiếng Việt
中文 (中国), how much income must be paid in personal income tax? is legal content that readers often need to check carefully before implementing it in practice. This article has been reorganized by ANT Legal in an easy-to-understand way, helping individuals and businesses understand the main issues, common risks and appropriate solutions.
Pursuant to Article 7 of Circular 111/2013/TT-BTC, personal income tax for resident individuals with income from salaries and wages is calculated as follows:
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Personal income tax payable = Taxable income x Tax rate (1)
In which:
Taxable income = Personal income taxable income – Deductions (2)
Personal income taxable income = Total income – Tax-exempt income (3)
Based on the above formulas, individuals only have to pay tax when they have taxable income (taxable income > 0). To determine exactly whether or not you have to pay tax and how much to pay, people with income from salaries and wages calculate sequentially by following these steps:
Step 1: Calculate total income
Step 2: Calculate income exempt from personal income tax (if any)
Income exempt from personal income tax from salaries and wages includes:
– The salary for night work and overtime work is paid higher than the salary for daytime work or during working hours according to the law.
– Income from salaries and wages of Vietnamese seafarers working for foreign shipping companies or Vietnamese shipping companies that transport internationally.
Step 3: Calculate taxable income according to formula (3)
Step 4: Calculate deductions
– Family deduction for taxpayers is 11 million VND/month (132 million VND/year).
– Family deduction for each dependent is 4.4 million VND/month.
In addition, taxpayers are also entitled to deductions for insurance contributions, voluntary pension funds, charitable contributions, educational promotion, and humanitarian contributions.
Step 5: Calculate taxable income according to formula (2)
Step 6: Calculate the amount of personal income tax payable according to formula (1)
In short, for individuals without dependents, must pay personal income tax when their total income from salaries and wages is over 11 million VND/month (This income excludes mandatory insurance contributions and other contributions such as charity, humanitarian, etc.).
Some common income levels subject to personal income tax
Note: The income below is income from salaries and wages minus the following amounts:
– Insurance contributions, voluntary pension funds, charitable contributions, study promotion, and humanitarian contributions.
– Income is exempt from personal income tax.
– Amounts not subject to personal income tax such as some allowances, allowances, lunch money, etc.
TT | Number of dependents | Income received from salaries, wages/month | Total income received from salaries, wages/year |
1 | No dependents belonging to | > 11 million VND | > 132 million VND |
2 | Having 1 dependent | > 15.4 million VND | > 184.8 million VND VND |
3 | There are 2 dependents | > 19.8 million VND | > 237.6 million VND |
4 | There are 3 dependents | > 24.2 million VND | > 290.4 million VND |
5 | There are 4 dependents | > 28.6 million VND | > 343.2 million VND |
Note on Applying Current Legal Regulations
This article belongs to the Business & M&A group and is presented for reference purposes, helping readers understand the legal issue at an overview level before preparing a dossier or carrying out a transaction.
Legal regulations may vary depending on the timing, locality, type of dossier and specific circumstances. If you need to determine the exact legal basis applicable to your case, you should contact ANT Legal’s lawyers at 0966.475.966 for review and advice before proceeding.
Common Legal Risks to Note
- Applying legal instruments that have been amended, supplemented or replaced.
- Preparing an incomplete set of documents, materials or necessary evidence.
- Misunderstanding the conditions, procedure, timeline or competent authority.
- Signing, submitting a dossier or carrying out a transaction before fully assessing legal risks.
How Can ANT Legal Support You?
ANT Legal can review the specific circumstances, examine the dossier, identify the applicable legal basis, advise on an appropriate handling plan and represent clients in working with individuals, organizations or competent authorities where necessary.
For prompt advice, you may contact a lawyer at 0966.475.966.
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Practical points to review
For the topic “, how much income must be paid in personal income tax?”, readers should compare the legal rule with the actual documents, parties involved, timeline and evidence before choosing a course of action.
- Identify the legal relationship, signing authority and documents creating rights or obligations.
- Check deadlines, notices, payment records, approvals and evidence that may affect the legal position.
- Assess whether negotiation, document correction, complaint, arbitration, court proceedings or another route is suitable.
Documents to prepare
- Contracts, annexes, decisions, notices, emails, messages, payment records and handover/acceptance minutes where relevant.
- Enterprise, asset, license or identity documents connected to the matter.
- A short timeline of key events and the outcome expected from the review.
When to seek legal advice
If the matter has high value, strict deadlines, multiple parties, unclear evidence or potential dispute risk, consider discussing the file with ANT Legal before signing, responding or filing a claim.
Related service: ANT Legal services. You may also contact ANT Legal through the official website.
This content is for general reference only and does not replace legal advice for a specific file. A service relationship is formed only after scope and fees are agreed.
