On February 1, 2023, Hanoi Tax Department issued Official Letter No. 3469/CTHN-TTHT, according to which:
In case the Company pays for the employee training to improve qualifications and skills in accordance with the employee’s professional work, it is not included in the employee’s taxable income for this amount to support this training.
In case the Company organizes contests for employees and their relatives, if the prize value exceeds 10 million VND received by the winning individual, the Company shall deduct PIT according to the instructions in item g, clause 1, Article 25 Circular No. 111/2013/TT-BTC.
In case the Company pays its employees cash or non-cash benefits other than salary and wages, the Company is responsible for withholding PIT as guided in item b, clause 1, Article 25 of Circular No. 111/2013/ TT-BTC.
In case an individual employee is given a gift in kind by the Company, it is “Gift by a shopping card (Voucher, gift card) or in kind (a gift basket of cakes, candies, cups, shirts…), if this is not a salary or wage and is not specified in clause 10, Article 2 of Circular 111/2013/TT-BTC dated August 15, 2013, of the Ministry of Finance, the individuals who receive the above gifts are not required to declare and pay PIT for this gift.
