The Personal income tax (PIT) as well as tax rates and
deductibles are currently regulated by Decree
No. 65/2013/ND-CP, Resolution No. 954/2020/UBTVQH14
and related circulars. Our tool takes a gross salary and
calculates the net salary based on current tax rates and the following
deductible amounts:
- VND 11,000,000 (Eleven million) for the tax payer
- VND 4,400,000 for per dependant of the tax payer
- Social insurance contribution 8%
- Health insurance contribution 1.5%
- Unemployment insurance contribution 1%