On March 20, 2023, the Hanoi Tax Department The Hanoi Tax Department guides individuals to finalize personal income tax with tax authorities, including:
Firstly, a resident who earns income from salaries or wages from two or more places but does not satisfy the conditions for being authorized to settle according to regulations, must directly declare PIT finalization with the tax agency if have an additional tax payable of more than VND 50,000 or have an overpaid tax that is required to be refunded or offset in the next tax return period.
Second, if an individual is present in Vietnam for less than 183 days in the first calendar year, but is 183 days or more in 12 consecutive months from the first day of presence in Vietnam, the first settlement year is 12 consecutive months from the first day of presence in Vietnam.
Third, the individual who is a foreigner who ends the contract to work in Vietnam shall declare tax finalization with the tax authority before leaving the country.
Fourthly, resident individuals earning income from salaries and wages paid from abroad and resident individuals earning income from salaries and wages paid from international organizations, Embassies, and Consulates with tax havenot been withheld in the year, the individual must make a final settlement with the tax authority, if there is an additional tax payable or an overpaid tax amount, requesting refund or offset in the next tax period.
Fifth, residents who earn incomes from salaries and wages and are considered for tax reduction due to natural disasters, fires, accidents, or fatal diseases affecting their ability to pay tax.
The deadline for submission of personal income tax finalization documents in 2022 is the last day of the 4th month from the end of the calendar year (for individuals). In case the deadline for submitting tax finalization dossiers coincides with a prescribed holiday, the deadline for submitting tax finalization dossiers is the next working day. Therefore, the deadline for submission of personal income tax finalization documents in 2022 for individuals who directly submit to tax authorities is May 4, 2023.
