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 VAT 2024
Tax examination, inspection at offices of taxpayers
The time of issuing e-invoices and declaring revenue of export goods according to official letter No. 4890/TCT-KK
PERSONAL INCOME TAX
EXTEND TIME LIMITS FOR PAYMENT OF TAX IN 2024
CASES NOT REQUIRING PROMOTION NOTICE FROM 01/12/2024
ENTERPRISES WITH ANNUAL REVENUE OF VND 1 BILLION OR LESS ARE EXEMPT FROM CORPORATE INCOME TAX FROM 2026
CORPORATE INCOME TAX (CIT) EXEMPTION FOR SMALL AND MEDIUM-SIZED ENTERPRISES
THE SPOT IMPORT AND EXPORT GOODS
HOW TO CALCULATE THE VAT REFUND FOR EXPORTED GOODS AND SERVICES
CONTINUE TO REDUCE 2% VAT UNTIL THE END OF DECEMBER 2024
From 01 July 2026: Increase of Statutory Base Salary to VND 2,530,000 per Month
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