New threshold for personal income tax in Vietnam on July 1st 2013


The taxable income threshold for personal income tax in Vietnam will rise to VND9 million per month from July 1 2013

The taxable income threshold for personal income tax will rise to VND9 million per month from July 1 – See more at: http://www.intellasia.net/

Great news for taxpayers and an excellent initiative from the Ministry of Finance:

The taxable income threshold in Vietnam is raised to VND9 million ($432) per month and deductions are also increased  from taxable income to VND3.6 million ($173) for each dependant. These changes will take effect from July 1, 2013. – See more at: http://www.intellasia.net/pit-changes-to-hit-the-back-pocket-291139

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