Individual Tax Payment Services in Vietnam

Usually, employees will authorize the income-paying unit (company, enterprise) to finalize and pay personal taxes for them. However, if you are not authorized and have to directly declare personal tax finalization, how do you need to do the dossiers and procedures? Viet An Tax Agent will support customers through personal tax payment services.

Amounts from incomes from salaries and wages of individuals

Personal income taxable incomes are specified in Clause 2, Article 3 of the Law on Personal Income Tax 2007, specifically including the following amounts:

• Salaries, wages and amounts of the nature of salaries and wages;
• Allowances and subsidies, except for the following amounts:
• Allowances and allowances in accordance with the law on incentives for people with meritorious services,
• National defense and security allowances, toxic and dangerous allowances for industries, occupations or jobs in the workplace with toxic and dangerous elements,
• attraction allowances, regional allowances as prescribed by law,
• Unexpected hardship allowances, occupational accident allowances, occupational disease allowances, lump-sum allowances for childbirth or adoption,
• Allowances due to working capacity impairment, lump-sum retirement allowances, monthly survivorship allowances, severance allowances, job loss allowances in accordance with the provisions of the Labor Code,
• Other subsidies paid by social insurance and subsidies for settlement of social evils;
• Remuneration in forms;
• Money received from participating in business associations, boards of directors, supervisory boards, management boards and organizations;
• Other benefits received by taxpayers in cash or non-cash;
• Bonuses, except for bonuses attached to titles conferred by the State, bonuses attached to national and international awards, bonuses for technical improvements, inventions and inventions recognized by competent state agencies, bonuses for discoveries, declare violations of law to competent state agencies.

Personal tax finalization dossiers to be provided to Viet An Tax Agent

When using the personal tax finalization service of Viet An Tax Agent, depending on each case, individuals need to send different dossier items to Viet An Tax Agent. However, it will basically include the following documents:

• Photo of CCCD/ID card registered for personal tax identification number;
• Information of dependents (if any);
• PIT deduction vouchers of income-paying units issued to employees;
• Income confirmation letter.

After receiving all the necessary documents, Viet An Tax Agent will prepare 1 set of tax finalization dossiers for individuals according to the regulations of the tax authority.

In addition, depending on each case, the dossier needs to be supplemented:

• A copy of the bank’s certified document certified by the taxpayer in accordance with the laws of the foreign country if the tax has been paid abroad;
• Copies of invoices and documents related to contributions to humanitarian funds, charity funds, and educational promotion funds (if any);
• Documents proving the amount paid by the paying organization income abroad if the individual receives income from international organizations, Consulates or Embassies and receive income from abroad.

Contents of personal income tax finalization services of Viet An Tax Agent

When finalizing personal income tax, Viet An Tax Agent will follow the following steps:

Step 1: Consultation on time and cost of service implementation

• At this step, the accountant of Viet An Tax Agent will support the individual to review the documents and documents, calculate salary expenses and determine whether you have to pay more PIT or get a PIT refund due to overpayment;
• Then, depending on the dossier and the amount of income to be finalized by the individual, Viet An Tax Agent will advise and report the time and cost of completing the package service.

Step 2: Complete the PIT finalization dossier and submit it to the tax authority

• Classify and check the reasonableness of PIT deduction documents;
• Prepare PIT finalization dossiers for individuals.

Step 3: Carry out PIT finalization procedures

• Submit PIT finalization dossiers to tax authorities on behalf of employees;
• Monitoring the progress of processing dossiers;
• Explain the data to the tax authorities, ensuring maximum benefits for you.

Subjects and cases subject to self-finalization of personal tax

Individuals earning income from salaries and wages must directly finalize PIT with the tax authority without authorizing the income-paying unit to finalize on behalf of them in the following cases:

• Individuals who meet the conditions for authorization but have been granted PIT deduction vouchers by the income-paying unit;
• Individuals working at enterprises under labor contracts for 3 months or more and no longer working at such enterprises at the time of tax finalization;
• Individuals who work under labor contracts for 3 months or more and have current income that has not been deducted tax or insufficient tax deduction;
• Individuals working under labor contracts for 3 months or more in many places;
• Individuals with only current income have deducted tax at the rate of 10%;
• Individuals who have not registered their tax identification numbers;
• Individuals with additional or overpaid tax amounts request PIT refund or clearing in the next tax declaration period;
• Foreigners who terminate their work contracts in Vietnam must declare tax finalization to the tax authorities before leaving the country and returning home.

If you have any difficulties or questions related to tax payment services for individuals, please contact Viet An Tax Agent for the most specific advice.