KEY HIGHLIGHTS OF THE PERSONAL INCOME TAX LAW 2025

On 10 December 2025, the National Assembly passed the Personal Income Tax Law 2025, marking a significant shift in tax policy for individuals and household businesses. The amendments aim to reduce compliance burdens, expand support for small business operators, enhance fairness, and align tax obligations with current living standards.

Through this newsletter, W&A provides a detailed analysis of the key amendments:

1. Increasing the tax-exempt revenue threshold from VND 200 million to VND 500 million per year;

2. Revising the progressive tax schedule from 7 brackets down to 5 brackets.

These changes will directly affect personal income, corporate HR policies, payroll planning, and tax management strategies within businesses.

👉 Read the full article here:

W&A Newsletter on New PIT Law (EN).pdf

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W&A will continue to monitor and update clients once the implementing decrees are issued, and will support clients in assessing impacts and ensuring compliance throughout the transition period.