Uni 02-12-2019 - The tax policy on cash payments is welfare-free

Official letter 88336/CT-TTHT dated 25/11/2019 for cash payments of welfare properties for employees are as follows:

If the Company has regulations on direct vacation pay for employees, it is a welfare-based payment that fully satisfies the conditions specified in Article 4 of Circular No. 96/2015 / TTBTC of June 22, 2015. of the Ministry of Finance, and the total vacation and other welfare expenses of the Company do not exceed 01 month average salary actually paid in the tax year, these vacation expenses shall be accounted into Expenses are deductible when determining taxable income