Provisions on personal income tax for incomes subject to personal income tax from salaries or wages
Based on Circular 111 / 2013 / TT-BTC and Circular 92 / 2015 / TT-BTC of the Ministry of Finance stipulates as follows: Income from wages and salaries is income received by employees from employers, including:
a) Wages, wages and amounts of salary or wage nature in monetary or non-monetary forms.
b) Allowances and benefits, except for the allowances and subsidies specified in Clause 2, Article 2, Circular 111/2013 / TT-BTC and Clause 1, Article 11, Circular 92/2015 / TT-BTC
c) Remuneration received in the following forms: commission on goods sale agents, brokerage commissions; money for participation in scientific and technical research projects; money for participation in projects and schemes; royalties prescribed by law on royalty regime; money for participating in teaching activities; money for participation in cultural, artistic, physical training and sports performances; advertising service money; Other service charges and other remuneration.
d) Money received from joining a business association, business boards, business control boards, project management boards, management boards, associations, professional associations and other organizations.
d) Benefits in cash or not in cash In addition to salary and wages paid by the employer, which the taxpayer is entitled to in any form: dd.1) Housing, electricity, water and accompanying services (if any), excluding: benefits on housing, electricity and water and accompanying services (if any) for houses built by employers to provide free of charge to employees working in industrial parks; housing built by the employer in economic zones, areas with difficult socio-economic conditions, and areas with extremely difficult socio-economic conditions shall be provided free of charge to employees. In case the individual lives at the office, the taxable income is based on the house rent or depreciation expenses, electricity, water and other service charges calculated according to the ratio between the personal use area and the total area. headquarter. The rent, electricity and water and related services (if any) for houses paid by the employer on behalf of the employer shall be included in taxable income according to the actual amount paid on behalf of the employer. not exceeding 15%% of total taxable income (excluding rent) at the unit regardless of income payers
For example:
10 / 2019 Month Mr. B is a laborer with taxable income of VND 10.000.000 (excluding rent, utilities and services). The rental support company is 3.000.000 dong
We have, 15% of total taxable income is: 15% x 10.000.000 = 1.500.000 (VND).
3.000.000 - 1.500.000 = 1.500.000 dong
dd.2) The sum of money purchased by the employer for life insurance and other optional insurance with accumulated premiums; buy voluntary pension insurance or contribute to the voluntary retirement fund for employees. In case the employer buys the employee an optional insurance product and There is no accumulation About the premium >> then the amount of the premium to buy this insurance product Not count for on the employee's personal income taxable income. In case the employer buys the employee an optional insurance product and have accumulated About the premium >> then the amount of the premium to buy this insurance product tính on the employee's personal income taxable income. dd.3) Membership fees and other service expenses for individuals on request such as: health care, entertainment, sports, entertainment, beauty: Membership fee (such as membership card) golf courses, tennis courts, activity cards for arts and cultural clubs, physical training and sports, etc.); Expenses for other services for individuals in health care, entertainment, aesthetic entertainment..., specifically as follows: + If the card, payment content has specify the name Individual or group individuals using >> then tính on income subject to PIT. + In case the card is used together without the name of the individual or group of individuals using, the content of service fee payment no writing the name of the individual entitled to pay for the collective of employees >> Not count for into taxable income. dd.4) The portion of expenses for stationery, business trip, telephone, clothing, etc. is higher than the current level regulated by the State.
For example:
Apparel expenses exceed VND 5.000.000 per year. The excess of the gay export turnover is included in the taxable income.
d.5) Regarding expenses for means of transporting workers from residence to workplace and vice versa, Not count for taxable income of employees according to the regulations of the unit. dd.6) With respect to payments for training to improve qualifications and skills for employees in accordance with the employee's professional work or according to the plan of the employing unit, are not included in the employee's income. dd.7) Other benefits. Other benefits that employers spend on employees such as: expenses on public holidays; hiring consulting services, tax filing for one or a group of individuals; expenses for houseworkers such as drivers, cooks, people doing other housework under contracts ...
e) Cash or non-monetary bonuses of any kind, including bonuses in securities, except for the bonuses specified at Point e, Clause 2 of Article 2 Circular No. 111 / 2013 / TT-BTC
