How to determine vtv5 trực tiếp bóng đá hôm nay time for registering a dependant deduction in Vietnam? Is personal exemption a deductible amount from personal income tax in Vietnam?

Is personal exemptiona deductible amount from personal income tax in Vietnam?

Based on vtv5 trực tiếp bóng đá hôm nay provisions stipulated in Clause 1, Article 9 ofCircular 111/2013/TT-BTC, as amended in Clause 6, Article 25 ofCircular 92/2015/TT-BTC, as follows:

vtv5 trực tiếp bóng đá hôm nay personal exemption is an allowance deducted from vtv5 trực tiếp bóng đá hôm nay taxable income of an individual before determining vtv5 trực tiếp bóng đá hôm nay taxable income from salary or wages.

Therefore, vtv5 trực tiếp bóng đá hôm nay personal exemption is deductible from personal income tax.

What are vtv5 trực tiếp bóng đá hôm nay latest 2024 regulations on personal exemption in Vietnam?

According toResolution 954/2020/UBTVQH14, vtv5 trực tiếp bóng đá hôm nay latest personal exemption is as follows:

- vtv5 trực tiếp bóng đá hôm nay deduction for taxpayers is VND 11 million/month (VND 132 million/year);

- vtv5 trực tiếp bóng đá hôm nay deduction for each dependant is VND 4.4 million/month.

personal exemptions include: vtv5 trực tiếp bóng đá hôm nay taxpayer's own deduction and vtv5 trực tiếp bóng đá hôm nay deduction for dependants.

How to determine vtv5 trực tiếp bóng đá hôm nay time for registering a dependant deduction in Vietnam? Is personal exemption a deductible amount from personal income tax in Vietnam? (Image from vtv5 trực tiếp bóng đá hôm nay Internet)

How to determine vtv5 trực tiếp bóng đá hôm nay time for registering a dependant deduction in Vietnam?

Based on item c.2, point c, clause 1, Article 9 ofCircular 111/2013/TT-BTC, as amended by clause 6, Article 25 ofCircular 92/2015/TT-BTC, it is regulated as follows:

Deductions

vtv5 trực tiếp bóng đá hôm nay deductions guided by this Article are amounts deducted from vtv5 trực tiếp bóng đá hôm nay taxable income of an individual before determining taxable income from salary, wages, and business. Specifically as follows:

1. personal exemptions

According to vtv5 trực tiếp bóng đá hôm nay provisions at Article 19 of vtv5 trực tiếp bóng đá hôm nay Personal Income Tax Law; Clause 4, Article 1 of vtv5 trực tiếp bóng đá hôm nay Law amending and supplementing certain articles of vtv5 trực tiếp bóng đá hôm nay Personal Income Tax Law; Article 12 of Decree No. 65/2013/ND-CP, vtv5 trực tiếp bóng đá hôm nay personal exemption is implemented as follows:

c) Principles for calculating vtv5 trực tiếp bóng đá hôm nay personal exemption

...

c.2) personal exemption for dependants

c.2.1) vtv5 trực tiếp bóng đá hôm nay taxpayer is entitled to a personal exemption for dependants if vtv5 trực tiếp bóng đá hôm nay taxpayer has taxpayer registration and is issued a tax code.

c.2.2) When vtv5 trực tiếp bóng đá hôm nay taxpayer registers a personal exemption for dependants, vtv5 trực tiếp bóng đá hôm nay tax authority will issue a tax code for vtv5 trực tiếp bóng đá hôm nay dependants and temporarily calculate vtv5 trực tiếp bóng đá hôm nay personal exemption for vtv5 trực tiếp bóng đá hôm nay year from vtv5 trực tiếp bóng đá hôm nay date of registration. For dependants already registered for personal exemption before this Circular is effective, vtv5 trực tiếp bóng đá hôm nay deduction will continue until a tax code is issued.

c.2.3) In vtv5 trực tiếp bóng đá hôm nay case where vtv5 trực tiếp bóng đá hôm nay taxpayer has not calculated vtv5 trực tiếp bóng đá hôm nay personal exemption for dependants in vtv5 trực tiếp bóng đá hôm nay tax year, they may calculate vtv5 trực tiếp bóng đá hôm nay deduction for dependants from vtv5 trực tiếp bóng đá hôm nay month when vtv5 trực tiếp bóng đá hôm nay obligation to provide support arises when finalizing tax payments and registering vtv5 trực tiếp bóng đá hôm nay deduction for dependants. Specifically, for other dependants as guided at item d.4, point d, clause 1, Article, vtv5 trực tiếp bóng đá hôm nay latest time to register for vtv5 trực tiếp bóng đá hôm nay deduction is December 31 of vtv5 trực tiếp bóng đá hôm nay tax year, beyond which vtv5 trực tiếp bóng đá hôm nay deduction for that tax year will not be applied.

c.2.4) Each dependant can only be included in one taxpayer's deduction in vtv5 trực tiếp bóng đá hôm nay tax year. If multiple taxpayers share a dependant to support, they must agree to register vtv5 trực tiếp bóng đá hôm nay deduction for one taxpayer.

...

d) dependants include:

...

d.4) Other individuals without a source of support whom vtv5 trực tiếp bóng đá hôm nay taxpayer directly supports and who meet vtv5 trực tiếp bóng đá hôm nay conditions at point đ, clause 1, Article, including:

d.4.1) vtv5 trực tiếp bóng đá hôm nay taxpayer's biological siblings.

d.4.2) vtv5 trực tiếp bóng đá hôm nay taxpayer's paternal grandparents, maternal grandparents, uncles, aunts, uncles by marriage.

d.4.3) vtv5 trực tiếp bóng đá hôm nay taxpayer's nieces and nephews, including children of biological siblings.

d.4.4) Other individuals required to be directly supported according to law.

dd) Individuals considered dependants as guided in items d.2, d.3, d.4, point d, clause 1, Article must meet vtv5 trực tiếp bóng đá hôm nay following conditions:

dd.1) For individuals of working age, they must meet all vtv5 trực tiếp bóng đá hôm nay following conditions:

dd.1.1) Incapable of working due to disability.

dd.1.2) Have no income or an average monthly income from all sources not exceeding VND 1,000,000.

dd.2) For individuals beyond working age, they must have no income or an average monthly income from all sources not exceeding VND 1,000,000.

e) Individuals with disabilities, incapable of working as guided at item dd.1.1, point dd, clause 1, Article are those subject to regulation on persons with disabilities, persons with diseases incapable of working (such as AIDS, cancer, chronic kidney failure,...).

...

Therefore, vtv5 trực tiếp bóng đá hôm nay time for registering a dependant deduction is as follows:

- No later than March 31 of vtv5 trực tiếp bóng đá hôm nay year following vtv5 trực tiếp bóng đá hôm nay tax year (for cases where authorization is given to vtv5 trực tiếp bóng đá hôm nay income payer for taxpayer registration for dependants).

- No later than April 30 of vtv5 trực tiếp bóng đá hôm nay year following vtv5 trực tiếp bóng đá hôm nay tax year (for cases where taxpayers register directly for dependants).

(If vtv5 trực tiếp bóng đá hôm nay last day of vtv5 trực tiếp bóng đá hôm nay deadline coincides with a holiday, as regulated, it will be counted as vtv5 trực tiếp bóng đá hôm nay following working day of that holiday).