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A resident of Ho Chi Minh City has asked about the timing for applying Vietnam’s new personal income tax (PIT) schedule for wages and salaries. The question centers on whether the current seven-bracket progressive tax schedule continues to apply from January 1, 2026 until any new law takes effect, or whether the schedule would switch to five brackets from the start of 2026.
The draft Personal Income Tax Law (amendment) proposes reducing the progressive tax schedule for income from wages and salaries from seven brackets to five. It is expected to take effect on July 1, 2026 and apply to the 2026 tax year. However, at the time the enterprise needs to withhold PIT, the draft has not yet been officially issued.
The Ho Chi Minh City Tax Department cited provisions in the Personal Income Tax Law No. 109/2025/QH15, including Articles 6, 8, 9 and 29 of Chapter IV:
The Tax Department also noted that the earlier PIT law (No. 04/2007/QH12) has been amended, and its provisions related to business income and wages/earnings cease when the new law takes effect. For 2026, the new law’s provisions apply.
The Tax Department advised individuals to follow the regulations under the Personal Income Tax Law No. 109/2025/QH15. It also stated that, at present, the Personal Income Tax Law 2025 has not yet been issued with a Decree or Circular providing guidance.
Source: An ninh tiền tệ (03/26/2026 09:55, GMT+7). Dai Phu.
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