News
Personal income tax family deduction to be reviewed in October 2025
The Ministry of Finance is proposing a comprehensive amendment to the Personal Income Tax Law, covering seven key areas including taxable income, tax-exempt income, family deduction, tax brackets, and tax rates. The draft law is expected to be presented for discussion at the National Assembly session ...
Binh Minh
Vietnam considers new personal income tax threshold
A draft resolution seeking a higher threshold for personal income tax (PIT) is being examined by Vietnam’s legislators to help its citizens cushion the impacts of the novel coronavirus disease (COVID-19) pandemic. The Ministry of Finance estimates that the yearly state budget revenue will fall ...
