Question: How to calculate the Personal Income Tax Rate applicable for resident tax payer in Vietnam?
Answer: SBLAW would like to brief the progressive Personal Income Tax Rate applicable for resident tax payer in Vietnam as follows:
Income (A) PIT
Up to 5,000,000 VND 5%
5,000,000VND<A<10,000,000VND 10%
10,000,000VND<A<18,000,000VND 15%
18,000,000VND<A<32,000,000VND 20%
32,000,000VND<A<52,000,000VND 25%
52,000,000VND<A<80,000,000VND 30%
80,000,000VND<A 35%
For example, if your income is 72,000,000VND, your personal income tax shall be 11,850,000VND.
