Why do Vietnamese people give lucky money at trực tiếp bóng đá việt nam hôm nay beginning of 2025? Is Vietnamese lucky money given by trực tiếp bóng đá việt nam hôm nay employer subject to personal income tax in Vietnam?
Why do Vietnamesepeople give lucky money at trực tiếp bóng đá việt nam hôm nay beginning of 2025?
trực tiếp bóng đá việt nam hôm nay Lunar New Year is not only a time for family reunions but also a period for practicing traditional customs deeply imbued with trực tiếp bóng đá việt nam hôm nay national cultural identity. Among these, trực tiếp bóng đá việt nam hôm nay custom of giving "li xi" during Tet stands out with its beautiful meaning, closely connected to trực tiếp bóng đá việt nam hôm nay spiritual life of trực tiếp bóng đá việt nam hôm nay Vietnamese.
(1) Origins of trực tiếp bóng đá việt nam hôm nay "li xi" custom
trực tiếp bóng đá việt nam hôm nay custom of "li xi" (also known as giving lucky money) originates from East Asian cultures, especially China and countries influenced by rice paddy civilizations. According to legend, in ancient times, there was a demon named "Tuy" that would appear on New Year's Eve to disturb children. People placed coins in red envelopes and put them under children's pillows to ward off trực tiếp bóng đá việt nam hôm nay demon. Since then, trực tiếp bóng đá việt nam hôm nay practice of giving red envelopes has become a symbol of protection and bringing peace to children.
In Vietnam, this custom was imported from China but has been adapted to fit trực tiếp bóng đá việt nam hôm nay culture and beliefs of trực tiếp bóng đá việt nam hôm nay Vietnamese. "Li xi" is not just for children but has become an act of expressing good wishes among family members and trực tiếp bóng đá việt nam hôm nay community.
(2) trực tiếp bóng đá việt nam hôm nay "li xi" custom during Tet
"Li xi" usually takes place in trực tiếp bóng đá việt nam hôm nay morning of trực tiếp bóng đá việt nam hôm nay first day of Tet after trực tiếp bóng đá việt nam hôm nay New Year’s greetings to grandparents and parents. Adults prepare red lucky envelopes with a small amount of money inside and give them to children or loved ones. trực tiếp bóng đá việt nam hôm nay red color of trực tiếp bóng đá việt nam hôm nay envelopes signifies luck, prosperity, and trực tiếp bóng đá việt nam hôm nay dispelling of bad fortune.
In addition, young people can also give "li xi" to older adults such as grandparents and parents, accompanied by wishes for health and longevity. This practice is not just an exchange of material goods but also reflects family affection, respect, and filial piety.
(3) Meaning of "li xi"
trực tiếp bóng đá việt nam hôm nay custom of "li xi" is not merely about giving money but also encompasses profound meanings:
- Bringing luck and prosperity
Giving "li xi" at trực tiếp bóng đá việt nam hôm nay beginning of trực tiếp bóng đá việt nam hôm nay year symbolizes wishing trực tiếp bóng đá việt nam hôm nay recipient a new year full of luck, prosperity, and success. trực tiếp bóng đá việt nam hôm nay money in trực tiếp bóng đá việt nam hôm nay red envelope is a symbol of a favorable start, conveying hopes for prosperity in trực tiếp bóng đá việt nam hôm nay new year.
- Strengthening familial and community bonds
"Li xi" is a way to strengthen family ties. Elders give to children to wish them good behavior and study success; younger individuals give to grandparents and parents to show gratitude and respect.
- Creating a joyful, positive atmosphere
trực tiếp bóng đá việt nam hôm nay act of giving "li xi" is accompanied by good wishes, creating a joyful and happy atmosphere for trực tiếp bóng đá việt nam hôm nay new year. Wishes like "All things as wished," "Robust health," "Money flowing like water" are optimistic messages inspiring a hopeful new year.
- Preserving traditional cultural values
trực tiếp bóng đá việt nam hôm nay "li xi" custom is an indispensable part of trực tiếp bóng đá việt nam hôm nay Lunar New Year, helping generations maintain and pass down valuable cultural values. It is also an opportunity for children to learn to appreciate family sentiments and understand trực tiếp bóng đá việt nam hôm nay meaning of giving and receiving.
(4) "Li xi" in Modern Life
In modern life, trực tiếp bóng đá việt nam hôm nay "li xi" custom is still preserved and promoted, although it has changed in form. Instead of trực tiếp bóng đá việt nam hôm nay small change of trực tiếp bóng đá việt nam hôm nay past, nowadays people often place higher denomination money into trực tiếp bóng đá việt nam hôm nay envelopes. Additionally, giving "li xi" through electronic money transfer apps is becoming increasingly popular.
Nevertheless, trực tiếp bóng đá việt nam hôm nay true value of "li xi" does not lie in trực tiếp bóng đá việt nam hôm nay amount of money but in trực tiếp bóng đá việt nam hôm nay sentiment, affection, and meaningful wishes conveyed. It remains a beautiful cultural facet that Vietnamese people need to preserve to enrich trực tiếp bóng đá việt nam hôm nay nation's identity further.
trực tiếp bóng đá việt nam hôm nay "li xi" custom during Tet is not just a mere exchange of material goods but carries significant spiritual meaning. From wishing for luck, prosperity to maintaining family and community relationships, "li xi" is an indispensable part of trực tiếp bóng đá việt nam hôm nay traditional New Year festivities.
In 2025, let's continue to preserve and promote this custom as a way to transmit trực tiếp bóng đá việt nam hôm nay national cultural values.
Note: Information is for reference purposes only!
Why do Vietnamese people give lucky money at trực tiếp bóng đá việt nam hôm nay beginning of 2025?(Image from trực tiếp bóng đá việt nam hôm nay Internet)
Is Vietnamese lucky money given by trực tiếp bóng đá việt nam hôm nay employersubject to personal income tax in Vietnam?
According to point e, clause 2, Article 2 ofCircular 111/2013/TT-BTCregulations:
Taxable Income Categories
...
- Income from wages, salaries
Income from wages and salaries includes trực tiếp bóng đá việt nam hôm nay income an employee receives from an employer, including:
...
e) Bonuses in cash or not in cash for any form, including stock bonuses, excluding trực tiếp bóng đá việt nam hôm nay following bonuses:
e.1) Bonuses attached to trực tiếp bóng đá việt nam hôm nay titles awarded by trực tiếp bóng đá việt nam hôm nay State, including bonuses attached to commendation titles, commendation forms as stipulated by laws on emulation and commendation, specifically:
e.1.1) Bonuses attached to emulation titles such as National Emulation Soldier; Emulation Soldier of Ministries, sectors, Central organizations, provinces, centrally-run cities; Base Emulation Soldier, Advanced Worker, Advanced Soldier.
e.1.2) Bonuses attached to commendation forms.
e.1.3) Bonuses attached to titles awarded by trực tiếp bóng đá việt nam hôm nay State.
e.1.4) Bonuses attached to prizes awarded by Associations, organizations that belong to political organizations, socio-political organizations, social organizations, socio-professional organizations of trực tiếp bóng đá việt nam hôm nay central and local levels aligned with trực tiếp bóng đá việt nam hôm nay organization's charter and in compliance with trực tiếp bóng đá việt nam hôm nay Law on Emulation and Commendation.
e.1.5) Bonuses accompanied by Ho Chi Minh Prize, State Prize.
e.1.6) Bonuses associated with Commemorative Medals, Badges.
e.1.7) Bonuses associated with Certificates of Merit, Certificates of Commendation.
Authority to make decisions regarding commendation, bonus amounts attached to trực tiếp bóng đá việt nam hôm nay emulation titles, commendation forms mentioned above must be in accordance with trực tiếp bóng đá việt nam hôm nay Law on Emulation and Commendation.
e.2) Bonuses accompanied by national or international prizes recognized by trực tiếp bóng đá việt nam hôm nay State of Vietnam.
e.3) Bonuses for technical innovations, inventions, and discoveries recognized by a competent State agency.
e.4) Bonuses for detecting and reporting violations of law to competent State agencies.
....
Thus, trực tiếp bóng đá việt nam hôm nay Vietnamese lucky money given by trực tiếp bóng đá việt nam hôm nay employer is considered a bonus and does not fall under trực tiếp bóng đá việt nam hôm nay bonuses exempt from PIT. Therefore, trực tiếp bóng đá việt nam hôm nay Vietnamese lucky money given by trực tiếp bóng đá việt nam hôm nay employer is subject to PIT.
What are trực tiếp bóng đá việt nam hôm nay responsibility ofenterprises for declaring, paying tax on Vietnamese lucky money?
Based on Article 24 of trực tiếp bóng đá việt nam hôm nayPersonal Income Tax Law 2007(amended by clause 6, Article 1 of trực tiếp bóng đá việt nam hôm nayAmendment Law for Personal Income Tax 2012, further amended and supplemented by clause 1, Article 8 of trực tiếp bóng đá việt nam hôm nayLaw on Amendments to trực tiếp bóng đá việt nam hôm nay Law on Securities, trực tiếp bóng đá việt nam hôm nay Law on Accounting, trực tiếp bóng đá việt nam hôm nay Law on Independent Audit, trực tiếp bóng đá việt nam hôm nay Law on State Budget, trực tiếp bóng đá việt nam hôm nay Law on Management, Use of Public Property, trực tiếp bóng đá việt nam hôm nay Law on Tax Administration, trực tiếp bóng đá việt nam hôm nay Personal Income Tax Law, trực tiếp bóng đá việt nam hôm nay National Reserve Law, trực tiếp bóng đá việt nam hôm nay Law on Handling Administrative Violations 2024) which stipulates trực tiếp bóng đá việt nam hôm nay responsibility for declaring, deducting, paying, and finalizing taxes of organizations and individuals as follows:
Responsibilities of organizations and individuals paying income, organizations managing e-commerce transaction platforms, managers of digital platforms with payment functions, other economic activity organizations; responsibility of taxable individuals residing
- Responsibilities for declaring, deducting, paying, finalizing taxes are regulated as follows:
a) Organizations and individuals paying income are responsible for declaring, deducting, paying tax to trực tiếp bóng đá việt nam hôm nay state budget and finalizing taxes concerning taxable incomes paid to taxpayers;
a1) Organizations managing e-commerce transaction platforms, managers of digital platforms with payment functions, other economic activity organizations regulated by trực tiếp bóng đá việt nam hôm nay Government of Vietnam must withhold and pay tax as substitutes, and declare withheld tax amounts concerning business transactions on e-commerce and digital platforms of households and individuals;
b) Individuals having taxable income are responsible for declaring, paying tax to trực tiếp bóng đá việt nam hôm nay state budget, and finalizing taxes as prescribed by law.
- Organizations and individuals paying income have a responsibility to provide information on income and dependents of taxpayers under their management as prescribed by law.
- trực tiếp bóng đá việt nam hôm nay Government of Vietnam stipulates trực tiếp bóng đá việt nam hôm nay appropriate tax withholding rates for each kind of income specified in point a, clause 1 of this Article, and trực tiếp bóng đá việt nam hôm nay tax finalization prescribed in clause 1 of this Article.
Thus, when trực tiếp bóng đá việt nam hôm nay company distributes Vietnamese lucky money to employees, it has trực tiếp bóng đá việt nam hôm nay responsibility to declare, deduct, pay tax to trực tiếp bóng đá việt nam hôm nay state budget, and finalize tax on trực tiếp bóng đá việt nam hôm nay income that resembles salary and wages of trực tiếp bóng đá việt nam hôm nay employees.
