Each year, near the Tet holiday, businesses in Vietnam will pay Tet bonuses and the 13th month salary to employees after a year of work. Are Tet bonuses and 13th month salary subject to personal income tax in Vietnam?
At the time near the Lunar New Year 2021, "13th month salary, Tet bonus" is one of the issues that employees are most concerned about. So, is the enterprise obligated to pay the 13th month salary to employees? Is the 13th month salary subject to personal income tax and social insurance in accordance with regulations in Vietnam?
The 13th month salary is one of the incomes that employees are particularly interested in at the end of the year. So what is the 13th month salary and what salary is this payment based on?
Parent company: THU VIEN PHAP LUAT Ltd.
Editorial Director: Mr. Bui Tuong Vu - Tel. 028 3935 2079
P.702A , Centre Point, 106 Nguyen Van Troi, Ward 8, Phu Nhuan District, HCM City;