Shall lịch trực tiếp bóng đá hôm nay 2025 Tet Holiday of Vietnam last 9 days? Does lịch trực tiếp bóng đá hôm nay employer have to pay personal income tax on New Year lucky money?
Shall lịch trực tiếp bóng đá hôm nay 2025Tet Holiday of Vietnam last 9 days?
lịch trực tiếp bóng đá hôm nay Office of lịch trực tiếp bóng đá hôm nay Government of Vietnam has issued Document No. 8726/VPCP-KGVX on November 26, 2024, conveying lịch trực tiếp bóng đá hôm nay directives of lịch trực tiếp bóng đá hôm nay Prime Minister regarding lịch trực tiếp bóng đá hôm nay Lunar New Year holidays and certain public holidays in 2025.
lịch trực tiếp bóng đá hôm nay Prime Minister of lịch trực tiếp bóng đá hôm nay Government of Vietnam concurred with lịch trực tiếp bóng đá hôm nay recommendation from lịch trực tiếp bóng đá hôm nay Ministry of Labor, Invalids and Social Affairs as per lịch trực tiếp bóng đá hôm nay aforementioned documents concerning lịch trực tiếp bóng đá hôm nay Lunar New Year holidays, National Day holidays, and lịch trực tiếp bóng đá hôm nay rescheduling of workdays to accommodate lịch trực tiếp bóng đá hôm nay holidays for Victory Day on April 30 and International Workers' Day on May 1, 2025. lịch trực tiếp bóng đá hôm nay Minister of Labor, Invalids and Social Affairs will notify administrative bodies, public service units, political organizations, socio-political organizations, businesses, and laborers in accordance with regulations.
Document No. 8726/VPCP-KGVX dated November 26, 2024...Download
According to lịch trực tiếp bóng đá hôm nay plan proposed by lịch trực tiếp bóng đá hôm nay Ministry of Labor, Invalids and Social Affairs to lịch trực tiếp bóng đá hôm nay Prime Minister, lịch trực tiếp bóng đá hôm nay Tet holiday schedule for 2025 allows officials and public employees to have 9 consecutive days off, comprising 5 days for lịch trực tiếp bóng đá hôm nay Tet holiday and 4 weekend days.
Specifically, officials and public employees, as well as laborers, will have 5 days off for lịch trực tiếp bóng đá hôm nay Tet holiday, from Monday, January 27, 2025, to Friday, January 31, 2025 (equivalent to lịch trực tiếp bóng đá hôm nay 28th of lịch trực tiếp bóng đá hôm nay Lunar December of lịch trực tiếp bóng đá hôm nay Year of lịch trực tiếp bóng đá hôm nay Dragon to lịch trực tiếp bóng đá hôm nay 3rd of lịch trực tiếp bóng đá hôm nay Lunar January of lịch trực tiếp bóng đá hôm nay Year of lịch trực tiếp bóng đá hôm nay Snake).
However, since all 5 Tet holiday days fall on weekdays in 2025, laborers will additionally have 2 weekend days before and 2 days after lịch trực tiếp bóng đá hôm nay Tet holidays.
Thus, officials, public employees, and laborers working in administrative bodies, public service units, political organizations, and socio-political organizations will be on holiday from January 25 to February 2, 2025 (from lịch trực tiếp bóng đá hôm nay 26th of lịch trực tiếp bóng đá hôm nay Lunar December to lịch trực tiếp bóng đá hôm nay 5th of lịch trực tiếp bóng đá hôm nay Lunar January).
Shall lịch trực tiếp bóng đá hôm nay 2025 Tet Holiday of Vietnam last 9 days?(Image from Internet)
Vietnam: Does theemployerhave to pay personal income tax on New Year lucky money?
According to point e, clause 2, Article 2 ofCircular 111/2013/TT-BTC, taxable income is defined as follows:
Taxable Income
...
2. Income from salaries and wages
Income from salaries and wages includes lịch trực tiếp bóng đá hôm nay income earned by laborers from their employers, including:
...
e) Bonuses in cash or in kind in any form, including stock bonuses, except for lịch trực tiếp bóng đá hôm nay following bonuses:
e.1) Bonuses acemployering titles awarded by lịch trực tiếp bóng đá hôm nay State, including bonuses acemployering emulation titles, awards following lịch trực tiếp bóng đá hôm nay law on emulation and commendation, specifically:
e.1.1) Bonuses acemployering national emulation soldier titles; Ministry, sector, central organ, province, or centrally-run city emulation soldier titles; basic level emulation soldiers, Advanced Laborers, Advanced Soldiers.
e.1.2) Bonuses acemployering commendation forms.
e.1.3) Bonuses acemployering titles awarded by lịch trực tiếp bóng đá hôm nay State.
e.1.4) Bonuses acemployering awards given by Boards, organizations belonging to central and local socio-political organizations in accordance with their charter and relevant laws on emulation and commendation.
e.1.5) Bonuses acemployering lịch trực tiếp bóng đá hôm nay Ho Chi Minh Prize, State Prize.
e.1.6) Bonuses acemployering commemorative medals, badges.
e.1.7) Bonuses acemployering commendation certificates, recognition certificates.
lịch trực tiếp bóng đá hôm nay authority to decide on commendation, lịch trực tiếp bóng đá hôm nay bonus amount acemployering lịch trực tiếp bóng đá hôm nay emulation titles, awards must comply with lịch trực tiếp bóng đá hôm nay law on emulation and commendation.
e.2) Bonuses acemployering national or international awards recognized by lịch trực tiếp bóng đá hôm nay Government of Vietnam.
e.3) Bonuses for technical improvements, inventions recognized by competent state agencies.
e.4) Bonuses for lịch trực tiếp bóng đá hôm nay detection and reporting of legal violations to competent state agencies.
....
Therefore, lịch trực tiếp bóng đá hôm nay New Year’s lucky money given by lịch trực tiếp bóng đá hôm nay employer is considered a bonus and this amount is not part of lịch trực tiếp bóng đá hôm nay tax-exempt bonuses. Thus, lịch trực tiếp bóng đá hôm nay New Year’s lucky money is a taxable personal income.
What are employer's responsibilitiesin declaring and paying tax on New Year Lucky Money in Vietnam?
Based on Article 24 of lịch trực tiếp bóng đá hôm nayPersonal Income Tax Law 2007(amended by clause 6, Article 1 of lịch trực tiếp bóng đá hôm nayAmended Personal Income Tax Law 2012), lịch trực tiếp bóng đá hôm nay responsibilities are defined as follows:
Responsibilities of organizations, individuals paying income and lịch trực tiếp bóng đá hôm nay individual taxpayers that are residents
- lịch trực tiếp bóng đá hôm nay responsibilities for tax declaration, deduction, payment, and settlement include:
a) Organizations and individuals paying income are responsible for declaring, deducting, and paying tax to lịch trực tiếp bóng đá hôm nay state budget and settling tax for taxable income paid to taxpayers;
b) Individuals with taxable income are responsible for declaring, paying tax to lịch trực tiếp bóng đá hôm nay state budget, and settling tax as per legal regulations.
- Organizations and individuals paying income are required to provide information about income and dependents of lịch trực tiếp bóng đá hôm nay taxpayers under their management as per legal regulations.
- lịch trực tiếp bóng đá hôm nay Government specifies lịch trực tiếp bóng đá hôm nay tax deduction rates suitable for each type of income specified at point a, clause 1 of this Article and tax settlement as provided in clause 1 of this Article.
Thus, when lịch trực tiếp bóng đá hôm nay employer disburses New Year’s lucky money to employees, it is responsible for declaring, deducting, paying tax to lịch trực tiếp bóng đá hôm nay state budget, and settling lịch trực tiếp bóng đá hôm nay tax for this income, which is considered part of salary or wage.
