Personal income tax is an issue that everyone is concerned about. From now on, calculating personal income tax accurately has become easier with the following two steps.
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Step 1: Access the website http://lawnet.vn and select the utility Personal Income Tax Calculation
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Step 2:** Enter all required information, click **** Calculate PIT **** and view the results.
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Note:
Monthly income (typically calculated based on the salary stated in the contract) for this utility is the total taxable income as stipulated in Article 10 and Article 11 of the Personal Income Tax Law, after accounting for the following deductions:
- Insurance premiums and voluntary retirement fund contributions.- Donations to charity, humanitarian, and education encouragement funds.
The minimum monthly salary for social insurance contributions must not be lower than the regional minimum wage at the time of contribution for employees performing the simplest tasks under normal working conditions.
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From now on, with this utility, everyone can easily and accurately calculate their personal income tax.
For further details, please see Simple Guide to Calculating Personal Income Tax Everyone Should Know.
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