PRINCIPLE WHEN CALCULATING PERSONAL INCOME TAX OF BONUS IN VIETNAM - HR DEPT

PRINCIPLE WHEN CALCULATING PERSONAL INCOME TAX OF BONUS IN VIETNAM

Taxable income from wages and salaries is determined by the total amount of wages, salaries, remuneration and other incomes of the nature of wages and salaries that taxpayers receive in the tax period according to the provisions guided in Clause 2, Article 2 of Circular 111/2013/TT-BTC.

=>

In the month that the employer gives bonus, the bonus must be added to the employee’s salary received in that month to calculate the full taxable income.