Application time of new family allowances when finalizing PIT for foreign workers who return to their countries due to the expiration of their contracts

On August 12^th ,2020, Bac Ninh Tax Department issued Official Letter No. 2455/CT-TTHT. Whereby:

In July 2020, if the Company carries out PIT finalization on behalf of the taxpayers terminating the contract to return home; taxpayers whose tax finalization period is from the tax calculation period in 2019 to the tax calculation period in 2020, their family deduction from January 2020 onwards shall be determined as regulated in Decision No. 954/2020/UBTVQH14.

When making for PIT finalization dossiers on the new family deduction level as stipulated in Decision No. 954/2020/UBTVQH14, if the tax declaration system is not updated for the level deduction level, the Company shall submit the written dossiers to the tax administration agency.