Official letter 13510-CTHN/TTHT about PIT of unemployment allowance:
Pursuant to the above legal provisions, in case the Company pays a job unemployment allowance to employees who quit their jobs according to the subjects and levels prescribed by the Labor Code, this income is not included in the income. taxable income from wages and salaries of employees as guided in Item 6, Point b, Article 2 of Circular 111/2013/tt-BTC. For job unemployment allowances for employees who quit their jobs, which is higher than the level specified in the Labor Code No. 45/2019/QH14 of the National Assembly, the Company shall aggregate it with wages and salaries to deduct tax. PIT under the Partial Progressive Tax Schedule before payment. In case the Company pays additional financial support to employees (in addition to the provisions of the Labor Code and the Law on Social Insurance) after the termination of the labor contract, if this payment is from two million ( VND 2,000,000) or more, the Company shall deduct PIT at the rate of 105 on the total income before paying to individuals according to the provisions of Point i, Clause 1, Article 25 of Circular 111/2013/TT-BTC of the Ministry of Finance. Finance.
