How many days until Gregorian New Year in 2025? Is additional income during xoilac tv trực tiếp bóng đá hôm nay Gregorian New Year subject to personal income tax?
Vietnam: How many days until Gregorian New Year 2025?
Gregorian New Year 2025, January 1, 2025, falls on a Wednesday. Today is November 8, 2024, and excluding today, there are 53 days left until Gregorian New Year 2025.
Is xoilac tv trực tiếp bóng đá hôm nay extra income earned during Gregorian New Year 2025 subject to personal income tax in Vietnam?
Pursuant to Article 98 of xoilac tv trực tiếp bóng đá hôm nayLabor Code 2019, regulation on overtime wages is as follows:
Overtime and Night Work Wages
- Employees working overtime are paid wages calculated based on xoilac tv trực tiếp bóng đá hôm nay wage unit price or xoilac tv trực tiếp bóng đá hôm nay actual wage paid for xoilac tv trực tiếp bóng đá hôm nay current job as follows:
a) On regular days, at least 150%;
b) On weekly rest days, at least 200%;
c) On holidays, Gregorian New Year, and paid leave days, at least 300%, excluding xoilac tv trực tiếp bóng đá hôm nay holiday, Gregorian New Year, and paid leave wages particularly for those on daily wages.
- Employees working at night shall receive an additional payment of at least 30% of xoilac tv trực tiếp bóng đá hôm nay wage calculated based on xoilac tv trực tiếp bóng đá hôm nay wage unit price or xoilac tv trực tiếp bóng đá hôm nay actual wage paid for xoilac tv trực tiếp bóng đá hôm nay normal working day.
- Employees working overtime at night, in addition to wages mentioned in clauses 1 and 2 of this Article, are entitled to an extra 20% of xoilac tv trực tiếp bóng đá hôm nay wage calculated based on xoilac tv trực tiếp bóng đá hôm nay wage unit price or actual wage for xoilac tv trực tiếp bóng đá hôm nay day work during a normal day, weekly rest day, or public holiday, Gregorian New Year.
- xoilac tv trực tiếp bóng đá hôm nay Government of Vietnam details this Article.
Additionally, clause 9 Article 4 of xoilac tv trực tiếp bóng đá hôm nayPersonal Income Tax Law 2007states:
Income Exempt from Tax
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- Income from interest on deposits at credit institutions, interest from life insurance contracts.
- Income from remittances.
9. Part of xoilac tv trực tiếp bóng đá hôm nay wages for night work, overtime paid higher than regular working hours wages according to legal regulations.
- Pensions paid by Social Insurance.
- Income from scholarships, including:
a) Scholarships received from xoilac tv trực tiếp bóng đá hôm nay state budget;
b) Scholarships received from domestic and international organizations according to their scholarship support programs.
- Income from compensation for life and non-life insurance contracts, compensation for occupational accidents, state compensations, and others according to legal regulations.
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From xoilac tv trực tiếp bóng đá hôm nay above provisions, it can be concluded that employees working overtime during Gregorian New Year shall be paid at least 300% of xoilac tv trực tiếp bóng đá hôm nay wage calculated by ordinary income rates (excluding paid holiday wages), and xoilac tv trực tiếp bóng đá hôm nay employee is exempt from personal income tax for xoilac tv trực tiếp bóng đá hôm nay part of xoilac tv trực tiếp bóng đá hôm nay wage paid higher than xoilac tv trực tiếp bóng đá hôm nay standard working day wage.
How many days until Gregorian New Year 2025? Is xoilac tv trực tiếp bóng đá hôm nay extra income earned during Gregorian New Year subject to personal income tax in Vietnam? (Image from xoilac tv trực tiếp bóng đá hôm nay Internet)
Does taxable personal income from wages include health insurance contributions in Vietnam?
According to clause 1, Article 21 of xoilac tv trực tiếp bóng đá hôm nayPersonal Income Tax Law 2007, amended by clause 5, Article 1 of xoilac tv trực tiếp bóng đá hôm nayLuật thuế thu trực tiếp bóng đá euro, taxable personal income from wages is xoilac tv trực tiếp bóng đá hôm nay total taxable income after subtracting social insurance, health insurance, unemployment insurance, professional liability insurance for certain professions subjected to compulsory insurance, voluntary pension fund contributions, and deductions as prescribed in Articles 19 and 20 of xoilac tv trực tiếp bóng đá hôm nayPersonal Income Tax Law 2007.
As such, taxable personal income from wages does not include health insurance contributions.
When is xoilac tv trực tiếp bóng đá hôm nay time for calculatingtaxable personal income from wages in Vietnam?
Based on clause 2, Article 8 ofCircular 111/2013/TT-BTCwhich provides guidelines for taxable income from wages and salaries:
Determining Taxable Income from Business Activities, Wages, and Salaries
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- Taxable income from wages, salaries
a) Taxable income from wages, salaries is determined by xoilac tv trực tiếp bóng đá hôm nay total amount of wages, salaries, remuneration, other income of a wage or salary nature received by xoilac tv trực tiếp bóng đá hôm nay taxpayer during xoilac tv trực tiếp bóng đá hôm nay tax calculation period according to guidance in clause 2, Article 2 of this Circular.
b) Time of determination of taxable income.
xoilac tv trực tiếp bóng đá hôm nay time of determination of taxable income for wages, salaries is at xoilac tv trực tiếp bóng đá hôm nay time when organizations or individuals pay income to xoilac tv trực tiếp bóng đá hôm nay taxpayers.
For xoilac tv trực tiếp bóng đá hôm nay time of determining taxable income for insurance product premiums with accumulation according to xoilac tv trực tiếp bóng đá hôm nay guidance at point đ.2, clause 2, Article 2 of this Circular, it is xoilac tv trực tiếp bóng đá hôm nay time xoilac tv trực tiếp bóng đá hôm nay insurer or xoilac tv trực tiếp bóng đá hôm nay voluntary pension fund management company pays xoilac tv trực tiếp bóng đá hôm nay insurance money.
...
Therefore, xoilac tv trực tiếp bóng đá hôm nay time for determining taxable personal income from wages is when xoilac tv trực tiếp bóng đá hôm nay organization or individual pays xoilac tv trực tiếp bóng đá hôm nay income to xoilac tv trực tiếp bóng đá hôm nay taxpayer. Specifically, xoilac tv trực tiếp bóng đá hôm nay time for determining taxable income for accumulated insurance product premiums is when xoilac tv trực tiếp bóng đá hôm nay insurer or xoilac tv trực tiếp bóng đá hôm nay voluntary pension fund management company pays xoilac tv trực tiếp bóng đá hôm nay insurance.
