INCREASE IN FAMILY DEDUCTIONS FROM JANUARY 01, 2026
Resolution No. 110/2025/UBTVQH15 date October 17, 2025 officially approves the family deduction level when calculating personal income tax as follows:
- Personal deduction for taxpayers is 15,5 million VND/month (186 million VND/year).
- The deduction for each dependent is 6.2 million VND/month.
This Resolution comes into force from January 01, 2026 and is applied from the tax period of 2026.
SOME NEW POINTS OF THE LAW ON CIT
PERSONAL INCOME TAX FROM SALARY AND WAGES
FOREIGN CONTRACTOR TAX ON SERVICES VIA E-COMMERCE CHANNELS AND DIGITAL PLATFORMS
Taxable income from salaries or wages
Allowances and subsidies do not calculate as income taxable
PENALTIES FOR FAILURE TO ISSUE INVOICES OR ISSUING INVOICES AT THE INCORRECT TIME EFFECTIVE FROM JANUARY 16, 2026
SOME NEW POINTS ON VAT (VALUE-ADDED TAX) FROM JULY 1, 2025
BUSINESS HOUSEHOLDS TAX FROM 2026
SUPPLEMENTING VAT DECLARATION RELATED TO THE AMOUNT OF REFUNDABLE VAT
EXTEND TIME LIMITS FOR PAYMENT OF TAX IN 2025
EMPLOYEES' WELFARE
THE PROCEDURE FOR AN EXTENSION OF TAX PAYMENT IN 2025
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