Vietnam Income tax

Kooler42 Serial 暗网禁区

Member since 17 February 2014

Kooler42Serial 暗网禁区17 December 2018 10:58:41

210

For a Vienam citizen is there a lower limit one can make before one has to pay incometax. Or is it must pay tax even after one VND.

Many thanks

Ciambella ViP

Member since 19 April 2017

CiambellaViP17 December 2018 13:04:32

3482

It's my understanding that everything a person receives is taxable.聽 After deductions, income is taxed incrementally:

5% on amount up to 5M
10% on amount over 5M but under 10M
15% on amount over 10M but under 18M
20% on amount over 18M but under 32M
25% on amount over 32M but under 52M
30% on amount over 52M but under 80M
35% on amount over 80M

That's the principle, but there are other factors that may change tax liability, the same as in other countries.

Again, that's what I know.聽 A "real" Vietnamese who has better knowledge than I may tell you differently.

OceanBeach92107 VIP Member

Member since 31 January 2018

OceanBeach92107VIP Member17 December 2018 13:29:13

7261

Ciambella wrote:
A "real" Vietnamese who has better knowledge than I may tell you differently.

For, as we well know, our friend @Ciambella is "unreal"...

senwl Serial 暗网禁区

Member since 02 August 2013

senwlSerial 暗网禁区17 December 2018 14:47:34

820

AFAIK, it's 9 mill VND/month. Anything above 9 mill is taxable on PT (progressive tax) scale. It used to be 4 or 5 mill not so long ago.

" Personal relief of VND9 million/month, and family relief of VND3.6 million/month/dependent. "
Source: (scroll down to PIT deductions)