What does trực tiếp bóng đá k+ dependant registration for personal exemption include as guided by trực tiếp bóng đá k+ General Department of Taxation of Vietnam?

What does trực tiếp bóng đá k+ dependant registration for personal exemption includeas guided by trực tiếp bóng đá k+ General Department of Taxation of Vietnam?

Based on Section 1, Part II of administrative procedures issued withDecision 40/QD-BTC in 2023, trực tiếp bóng đá k+ provisions on trực tiếp bóng đá k+ dossier for registering dependants for personal exemption for individuals with income from wages or salaries are as follows:

- Case (1): trực tiếp bóng đá k+ taxpayer registers dependant deduction through an organization or individual paying income

+ trực tiếp bóng đá k+ taxpayer submits trực tiếp bóng đá k+ dependant registration dossier to trực tiếp bóng đá k+ organization or individual paying income, including:

++ trực tiếp bóng đá k+ dependant registration form No. 07/DK-NPT-TNCN according to Appendix I - List of tax declaration documents issued withNghị định 126/2020/NĐ-CPand Appendix II - Tax declaration form samples issued withCircular 80/2021/TT-BTC

++ Appendix on trực tiếp bóng đá k+ declaration of trực tiếp bóng đá k+ person who must be directly nurtured form No. 07/XN-NPT-TNCN according to Appendix I - List of tax declaration documents issued withNghị định 126/2020/NĐ-CPdated October 19, 2020, of trực tiếp bóng đá k+ Government of Vietnam and Appendix II - Tax declaration form samples issued withCircular 80/2021/TT-BTC

++ Documents proving trực tiếp bóng đá k+ dependant according to trực tiếp bóng đá k+ guidance in Article 1Circular 79/2022/TT-BTCdated December 30, 2022, of trực tiếp bóng đá k+ Ministry of Finance.

(Note: Italicized content is amended and supplemented)

+ trực tiếp bóng đá k+ organization or individual paying income submits trực tiếp bóng đá k+ dependant registration dossier to trực tiếp bóng đá k+ directly managing Tax authority, including:

Appendix on trực tiếp bóng đá k+ summary of dependant registration for personal exemption (applicable to organizations, individuals paying income to register dependants for trực tiếp bóng đá k+ employee) form No. 07/THĐK-NPT-TNCN according to Appendix I - List of tax declaration documents issued withNghị định 126/2020/NĐ-CPdated October 19, 2020, of trực tiếp bóng đá k+ Government of Vietnam and Appendix II - Tax declaration form samples issued withCircular 80/2021/TT-BTC

- Case (2): trực tiếp bóng đá k+ taxpayer registers dependant deduction directly with trực tiếp bóng đá k+ Tax authority, trực tiếp bóng đá k+ dependant registration dossier includes:

+ trực tiếp bóng đá k+ dependant registration form No. 07/DK-NPT-TNCN according to Appendix I - List of tax declaration documents issued withNghị định 126/2020/NĐ-CPand Appendix II - Tax declaration form samples issued withCircular 80/2021/TT-BTC

+ Appendix on trực tiếp bóng đá k+ declaration of trực tiếp bóng đá k+ person who must be directly nurtured form No. 07/XN-NPT-TNCN according to Appendix I - List of tax declaration documents issued withNghị định 126/2020/NĐ-CPand Appendix II - Tax declaration form samples issued withCircular 80/2021/TT-BTC;

+ Documents proving trực tiếp bóng đá k+ dependant according to trực tiếp bóng đá k+ guidance in Article 1Circular 79/2022/TT-BTC

(Note: Italicized content is amended and supplemented)

- Number of dossiers: 01 (set).

Specifically, for individuals paying tax through organizations or individuals paying income, submit 02 (sets) of dependant registration forms for personal exemption to trực tiếp bóng đá k+ organization or individual paying income.

What does trực tiếp bóng đá k+ dependant registration for personal exemption include as guided by trực tiếp bóng đá k+ General Department of Taxation of Vietnam?(Image from trực tiếp bóng đá k+ Internet)

What are conditions for personal exemption in Vietnam?

Based on Clause 3, Article 19 of trực tiếp bóng đá k+Personal Income Tax Law 2007, trực tiếp bóng đá k+ conditions for personal exemption depend on trực tiếp bóng đá k+ factor of dependants, who are trực tiếp bóng đá k+ ones trực tiếp bóng đá k+ taxpayer is responsible for supporting, including:

- Minor children; children with disabilities, unable to work;

- Individuals without income or with income not exceeding a specified limit, including adult children attending university, college, professional secondary education or vocational training; spouse unable to work; parents who are beyond working age or unable to work; others with no place of refuge that trực tiếp bóng đá k+ taxpayer must directly support.

trực tiếp bóng đá k+ Government of Vietnam stipulates trực tiếp bóng đá k+ income level, declaration to determine dependants eligible for personal exemption.

Moreover, to further clarify trực tiếp bóng đá k+ conditions for dependants to consider personal exemption, Circular 111/2013/TT-BTC provides guidance as follows:

(1) For dependants who are trực tiếp bóng đá k+ taxpayer's children

dependants who are trực tiếp bóng đá k+ taxpayer's children include biological children, adopted children, children outside of wedlock, stepchildren of trực tiếp bóng đá k+ wife or husband, specifically:

- Children under 18 years old (calculated fully by month).

- Children 18 years or older with disability, unable to work.

- Children attending schools in Vietnam or abroad at trực tiếp bóng đá k+ university, college, professional secondary, or vocational level, including children 18 years or older attending high school (including during trực tiếp bóng đá k+ waiting period for university results from June to September of trực tiếp bóng đá k+ 12th grade) without income or with an average monthly income from all sources not exceeding VND 1,000,000.

(2) For other dependants of trực tiếp bóng đá k+ taxpayer

- trực tiếp bóng đá k+ taxpayer’s spouse satisfying trực tiếp bóng đá k+ conditions at Point d, Clause 1, Article 9 of Circular 111/2013/TT-BTC.

- Biological, in-laws parents (father-in-law, mother-in-law or father-in-law, mother-in-law); stepfather, stepmother; lawful adoptive parents of trực tiếp bóng đá k+ taxpayer satisfying trực tiếp bóng đá k+ conditions at Point d, Clause 1, Article 9 of Circular 111/2013/TT-BTC.

- Other individuals with no place of refuge whom trực tiếp bóng đá k+ taxpayer must directly support and satisfy trực tiếp bóng đá k+ conditions at Point d, Clause 1, Article 9 of Circular 111/2013/TT-BTC, including:

+ Biological siblings of trực tiếp bóng đá k+ taxpayer.

+ Grandparents (paternal and maternal); uncles, aunts, cousins of trực tiếp bóng đá k+ taxpayer.

+ Nephews of trực tiếp bóng đá k+ taxpayer including: children of biological siblings.

+ Other persons who must be directly supported as prescribed by law.

(3) Conditions for those in (2) to be considered as dependants

Individuals considered dependants as in (2) must meet trực tiếp bóng đá k+ following conditions:

- For those within working age, they must satisfy concurrently trực tiếp bóng đá k+ following conditions:

+ Disabled, unable to work.

In which, disabled person, unable to work are those subject to legal regulation on disabled persons, individuals with diseases inhibiting working ability (such as AIDS, cancer, chronic kidney failure,...).

+ Without income or average monthly income in trực tiếp bóng đá k+ year from all sources not exceeding VND 1,000,000.

- For those beyond working age, they must have no income or an average monthly income in trực tiếp bóng đá k+ year from all sources not exceeding VND 1,000,000.

What is trực tiếp bóng đá k+ current personal exemptionlevel in Vietnam?

Currently, trực tiếp bóng đá k+ personal exemption level is implemented according toResolution 954/2020/UBTVQH14, as follows:

- Deduction level for taxpayers is VND 11 million/month (VND 132 million/year);

- Deduction level for each dependant is VND 4.4 million/month.