Spreadsheet personal income tax is the accountant used quite often in the accounting business. To know spreadsheet personal income tax details and the related regulations, tracking following articles of AccNet okay.
1. The concept of spreadsheet personal income tax, what is?
Personal income tax is the tax amount is deducted from the wages, salaries and other payments of a specific individual to contribute to the budget of the government.
Tax rate personal income tax is the rate % the individual should pay. Different proportions depending on the salary of the individual subject to tax.
Spreadsheet personal income tax is the table gathers all the information related to the tax rate, the tax income to pay taxes by month, year. According to it, those objects which have income subject to this table will proceed to pay tax according to the tax regulations.
Individuals pay personal income tax contributes to generate revenues, increase in the budget of the state to serve for the society. This also helps to ensure social justice, reducing the gap between rich and poor.
Method taxpayer, the individual has helped state agencies to prevent the violation created the source of illegally as smuggling of prohibited goods, bribery, fraudulent appropriation.
2. Spreadsheet personal income tax, 2022 details
In Article 22 of the Law on personal income tax 2007 regulations tax personal income workers contracted from 3 months and up includes 7 ranks as follows:
2.1 spreadsheet personal income tax progressive partial
| Rank tax |
Assessable income/year (million) |
Assessable income/year (million) |
Tax rate (%) |
| 1 |
To 60 |
To 5 |
5 |
| 2 |
60 to 120 |
On 5 to 10 |
10 |
| 3 |
Over 120 to 216 |
Over 10 to 18 |
15 |
| 4 |
On 216 to 384 |
On 18 to 32 |
20 |
| 5 |
On 384 to 624 |
On 32 to 52 |
25 |
| 6 |
On 624 to 960 |
On 52 to 80 |
30 |
| 7 |
Above 960 |
On 80 |
35 |
2.2 spreadsheet tax rate personal income tax shortened
| Rank |
Income tax/month |
Tax rate |
Calculation of tax payable |
| 1 |
2 |
| 1 |
To 5 million (trđ) |
5% |
0 tr + 5% INJURY (income tax) |
5% INJURY |
| 2 |
On 5tr to 10tr |
10% |
0,25 tr + 10% INJURY on 5 tr |
10% INJURY - 0,25 tr |
| 3 |
On 10tr to 18tr |
15% |
0,75 tr + 15% INJURY on 10 tr |
15% INJURY - 0,75 tr |
| 4 |
On 18tr to 32tr |
20% |
1,95 tr + 20% INJURY on 18 tr |
20% INJURY - 1,65 tr |
| 5 |
On 32TR to 52tr |
25% |
Of 4.75 tr + 25% INJURY on 32tr |
25% INJURY - 3,25 tr |
| 6 |
On 52 tr to 80tr |
30% |
9,75 tr + 30% INJURY on 52 tr |
30% of INJURY - 5,85 tr |
| 7 |
On 80tr |
35% |
18,15 tr + 35% INJURY on 80 tr |
35% INJURY - 9,85 tr |
2.3 spreadsheet personal income tax for many cases
| Income tax calculator |
Tax rate (%) |
| Income from capital investment |
5 |
| Income from royalties, franchise |
5 |
| Income from winnings |
10 |
| Income from inheritance, gift |
10 |
| Income from transfer of capital specified in paragraph 1 of Article 13 of the Law on personal income tax |
20 |
| Income from transfer of securities specified in paragraph 1 of Article 13 of the Law on personal income tax |
0,1 |
| Income from real estate transfer |
2 |
>>> Watch now: How to calculate personal income tax, 2022
3. Regulations regarding spreadsheet personal income tax
After it was learned spreadsheet personal income taxthe accountants need to understand the rules regarding the type of income subject to tax, deductions underneath here.
3.1 Regulations on the types of income subject to tax
The types of income subject to tax is prescribed in Clause 2, Article 8 circular 111/2013/TT-BTC as following:
- Salaries, wages and other income of a similar nature, received in the form of cash or non-cash.
- The grant allowances are taxable:
Monthly allowance or a times for deals people who have joined the resistance, protect the fatherland.
Allowance working in a chemical environment, hazardous
Allowance of the defense security
Allowance due to labor accidents and occupational diseases, subsidies, job loss, postpartum recovery,...
- The amount of remuneration such as brokerage commissions, royalties, teaching, research, sports activities, performances, advertising activity.
- The earnings from paid users such as: rent, water and electricity services, membership fees,...
- The funds are usually in any form.
On here you know the rules about the type of taxable income in
spreadsheet personal income taxwith respect to the account is reduced, then there are rules what? Follow the next part, okay.
3.2 Regulation of the account is reduced
Workers pay taxes will be reduced if in the cases specified in Article 9 of circular 111/2013/TT-BTC of the following: circumstance, pension funds, insurance premiums, payments, charity, encourage education, and humanitarian.
3.3 The object would need to pay personal income tax?
Understanding the tax payers not only help the business comply with the law but also to help the individual has taxable income know and perform the obligation itself. Here are the subjects need to pay tax according to law:
- Resident individuals: The individuals are living in Vietnam for 12 consecutive months or 183 days or more have to register permanent and long-term rent in Vietnam.
- The non-resident individual: the Individual is not a case on but there is an income taxable in Vietnam.
With those individuals who have income to pay taxes from wages wages can directly pay the tax or authorization for the organization pays the income made settlement.
Hope the information about spreadsheet personal income tax in the article help individuals, business master is the law and made the most correct. AccNet hope the knowledge is updated to bring more useful information for you to read.
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