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The Ministry of Finance is gathering feedback on proposed changes to the Personal Income Tax Law. Experts have suggested raising the taxable income to VND 15-20 million, lowering the highest tax rate to 25-30 percent, simplifying the tax schedule from 7 to 3 or 4 levels, adjusting the tax rate paid by year, and so…
01
Apr
Apr
Covid-19 has created many heavy impacts on society. If an employee is forced to take time off work for the treatment of an illness, they must first take sick leave. If the maximum number of sick leave days is exhausted, they need to use the remaining full paid leave days, normally 12 days per year….
12
Apr
Apr
As an employer, there will be many cases when you want to fire an employee. This might be due to their poor performance in their position, or the business is coming across a huge change in its corporate structure or forced to cut some unimportant positions to relieve the burden due to the Covid-19 pandemic,…
11
Apr
Apr
As the Covid-19 pandemic is getting worse, the employees are trying their best to provide for their families. Accordingly, some employees have taken on the night shift or worked overtime. Some, on the other hand, try to find a new job to work simultaneously with their current job. So, what are the regulations on entering…
16
Apr
Apr
When the employee meets a transitional period in their career, they will have 2 circumstances, either working for another company immediately or in the position of jobless, out of job. However, these statuses can vary because the employee might be out of a job for a while, applying for the unemployment benefits but then he/she…
17
Apr
Apr
The Covid-19 has created many heavy impacts on society. If the employees are forced to quit to treat their disease, first they would have to use their sickness regime. If the maximum days on the sickness regime are over, they would have to use the remaining paid leaves, normally 12 days a year. However, if…
20
Mar
Mar
Personal income tax is a very special type of tax in Vietnam. This tax is mostly ignored by the entire population of Vietnam as they are not subject to it. Rather, it is only the rich class in society that has a headache over it. So, what are the notes on personal income tax in…
20
Mar
Mar
When doing real estate business, in addition to the fact that real estate must meet certain conditions, the business owner must establish a business and post-project information. However, there are still cases where the real estate business is not required to establish a company (enterprise). When is the real estate business not required to establish…
