What is the indexation of salaries after payment of social vtv5 trực tiếp bóng đá hôm nay premiums in Vietnam in 2025? Are social vtv5 trực tiếp bóng đá hôm nay contributions deductible when calculating personal income tax in Vietnam?
What is theindexation of salaries after payment of social vtv5 trực tiếp bóng đá hôm nay premiums in Vietnamin 2025?
Pursuant to Clause 2, Article 2 ofCircular 01/2025/TT-BLDTBXH(effective from February 28, 2025), the indexation rates for salaries after payment of social vtv5 trực tiếp bóng đá hôm nay premiums are prescribed as follows:
| Year | Before 1995 | 1995 | 1996 | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 |
| indexation Rate | 5.63 | 4.78 | 4.51 | 4.37 | 4.06 | 3.89 | 3.95 | 3.97 | 3.82 | 3.70 | 3.43 |
| Year | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| indexation Rate | 3.17 | 2.95 | 2.72 | 2.21 | 2.07 | 1.90 | 1.60 | 1.47 | 1.37 | 1.32 | 1.31 |
| Year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
| indexation Rate | 1.28 | 1.23 | 1.19 | 1.16 | 1.12 | 1.10 | 1.07 | 1.04 | 1.00 | 1.00 |
Additionally, the formula for calculating monthly salary for Social vtv5 trực tiếp bóng đá hôm nay payments and the applicable subjects for adjusted Social vtv5 trực tiếp bóng đá hôm nay salaries are prescribed as follows:
(1) Formula for calculating monthly salary for Social vtv5 trực tiếp bóng đá hôm nay payments:
Monthly salary for Social vtv5 trực tiếp bóng đá hôm nay payments after indexation of each year = Total monthly salary for Social vtv5 trực tiếp bóng đá hôm nay payments of each year x indexation rate for Social vtv5 trực tiếp bóng đá hôm nay salary of the corresponding year
(2) Applicable subjects for adjusted Social vtv5 trực tiếp bóng đá hôm nay salaries:
- Employees under the state's salary policies starting their Social vtv5 trực tiếp bóng đá hôm nay participation from January 1, 2016 onwards, receiving pensions, lump-sum retirement benefits, lump-sum Social vtv5 trực tiếp bóng đá hôm nay or deceased with dependents receiving a lump-sum funeral allowance from January 1, 2025, to December 31, 2025.
- Employees paying Social vtv5 trực tiếp bóng đá hôm nay according to salary policies decided by employers, receiving pensions, lump-sum retirement benefits, lump-sum Social vtv5 trực tiếp bóng đá hôm nay or deceased with dependents receiving a lump-sum funeral allowance in the period from January 1, 2025, to December 31, 2025.
Note:For employees with both periods of Social vtv5 trực tiếp bóng đá hôm nay under the state's salary policies and periods under employer-decided salary policies, the monthly salaries for Social vtv5 trực tiếp bóng đá hôm nay shall be adjusted as prescribed above if Social vtv5 trực tiếp bóng đá hôm nay participation begins with the state's salary policies from January 1, 2016, and the salaries paid under employer-decided policies.
What is the indexation of salaries after payment of social vtv5 trực tiếp bóng đá hôm nay premiums in Vietnam in 2025? Are social vtv5 trực tiếp bóng đá hôm nay contributions deductible when calculating personal income tax in Vietnam?(Image from the Internet)
What are regulations on the indexation of monthly salaries after payment of social vtv5 trực tiếp bóng đá hôm nay premiums in Vietnamin 2025?
Pursuant to Clause 2, Article 3 ofCircular 01/2025/TT-BLDTBXH(effective from February 28, 2025), the indexation rates for monthly salaries after payment of social vtv5 trực tiếp bóng đá hôm nay premiums are prescribed as follows:
| Year | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 |
| indexation Rate | 2.21 | 2.07 | 1.90 | 1.60 | 1.47 | 1.37 | 1.32 | 1.31 | 1.28 |
| Year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
| indexation Rate | 1.23 | 1.19 | 1.16 | 1.12 | 1.10 | 1.07 | 1.04 | 1.00 | 1.00 |
Moreover, the formula for calculating monthly salaries after payment of social vtv5 trực tiếp bóng đá hôm nay premiums and the applicable subjects for Social vtv5 trực tiếp bóng đá hôm nay incomes are as follows:
(1) Formula for calculating monthly salaries after payment of social vtv5 trực tiếp bóng đá hôm nay premiums
Adjusted monthly income paid for voluntary Social vtv5 trực tiếp bóng đá hôm nay of each year = Total monthly salaries after payment of social vtv5 trực tiếp bóng đá hôm nay premiums of each year x indexation rate of monthly salaries after payment of social vtv5 trực tiếp bóng đá hôm nay premiums of the corresponding year
(2) Applicable subjects for monthly salaries after payment of social vtv5 trực tiếp bóng đá hôm nay premiums
Applicable subjects for monthly salaries after payment of social vtv5 trực tiếp bóng đá hôm nay premiums are voluntary Social vtv5 trực tiếp bóng đá hôm nay participants receiving pensions, lump-sum retirement benefits, lump-sum Social vtv5 trực tiếp bóng đá hôm nay or deceased with dependents receiving a lump-sum funeral allowance from January 1, 2025, to December 31, 2025.
Are social vtv5 trực tiếp bóng đá hôm nay contributions deductible when calculating personal income tax in Vietnam?
Pursuant to Clause 2, Article 9 ofCircular 111/2013/TT-BTC(amended by Article 15 ofCircular 92/2015/TT-BTC) regarding deductible items when calculating personal income tax. Specifically:
Deductible Items
Deductible items as guided in this Article are those deductible from an individual's taxable income before determining taxable income from salaries, wages, and business. Specifically as follows:
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- Deductions for vtv5 trực tiếp bóng đá hôm nay Contributions, Voluntary Retirement Funds
a) vtv5 trực tiếp bóng đá hôm nay contributions include: social vtv5 trực tiếp bóng đá hôm nay, health vtv5 trực tiếp bóng đá hôm nay, unemployment vtv5 trực tiếp bóng đá hôm nay, professional liability vtv5 trực tiếp bóng đá hôm nay for certain professions required to participate in compulsory vtv5 trực tiếp bóng đá hôm nay.
b) Contributions to voluntary retirement funds, purchase of voluntary retirement vtv5 trực tiếp bóng đá hôm nay
Contributions to voluntary retirement funds or purchase of voluntary retirement vtv5 trực tiếp bóng đá hôm nay can be deducted from taxable income according to actual expenditure but a maximum of one (01) million VND/month for employees participating in voluntary retirement products guided by the Ministry of Finance, including both employer and employee contributions (if any), even in the case of participating in multiple funds. The basis for income deduction is a photocopy of payment proof (or payment fee) issued by the voluntary retirement fund or insurer.
c) Foreign individuals residing in Vietnam, Vietnamese individuals residing but working overseas with income from business, salaries, wages applied for compulsory vtv5 trực tiếp bóng đá hôm nay under the national regulations equivalent to Vietnamese laws like social vtv5 trực tiếp bóng đá hôm nay, health vtv5 trực tiếp bóng đá hôm nay, unemployment vtv5 trực tiếp bóng đá hôm nay, mandatory professional liability vtv5 trực tiếp bóng đá hôm nay, and other mandatory vtv5 trực tiếp bóng đá hôm nay (if any) are deductible from taxable income from business, salaries, wages when calculating personal income tax.
Foreign individuals and Vietnamese individuals participating in the above insurances abroad will have immediate deductions applied to their income for tax withholding during the year (if having documents) and calculated based on actual amounts upon finalizing tax according to regulations. If there are no documents for immediate deduction during the year, a one-time deduction will be applied upon tax finalization.
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According to the above regulations, Social vtv5 trực tiếp bóng đá hôm nay contributions (or similar vtv5 trực tiếp bóng đá hôm nay for foreign individuals residing in Vietnam, Vietnamese individuals residing but working abroad with income from business, salaries, wages abroad) will be deductible when calculating personal income tax.
Note:Foreign individuals and Vietnamese individuals participating in the above insurances abroad will have immediate deductions applied to their income for tax withholding during the year (if having documents) and will be based on actual amounts upon tax finalization according to regulations. If there are no documents for immediate deduction during the year, a one-time deduction will be applied upon tax finalization.
