Ministry of Finance reports on personal income tax debt

	Amending regulations on the time of tax declaration and payment on behalf of individuals receiving dividends and bonuses in form of securities
	Review and amend the Law on Personal Income Tax in tandem with international practices
	Personal Income Tax Law to be amended in 2025

The Tax sector has deployed notification of personal income tax settlement obligations via email and via the eTax Mobile application.

According to the Ministry of Finance, Decree No. 126/2020/ND-CP dated October 19, 2020 of the Government has detailed regulations on cases where resident individuals authorize personal income tax finalization for units, including: individuals who have 1 source of income from a labor contract of 3 months or more at 1 unit and are actually working there at the time of personal income tax finalization; individuals who have one source of income from a labor contract of 3 months or more and have current income from other places with an average monthly income of no more than VND10 million in the year and personal income tax has been deducted according to the ratio 10% if the individual does not need to settle this current income; individuals who are not falling into the above cases must directly settle personal income tax with the tax authority to determine tax obligations according to settlement.

In case an individual authorizes final settlement not in accordance with regulations, the Tax agency checks, verifies, and requires the individual to fulfill obligations and collect taxes according to regulations.

The Ministry of Finance emphasized that on the eTax Mobile application, there is a function "Look up settlement information" to support individuals in looking up some information about their own income such as: sources of income at organizations during the year, deducted personal income tax amount and other deductions.

This information is compiled by the Tax authority from data declared by organizations that pay individuals' income to the Tax authority and is the basis for individuals to capture information and monitor personal income tax settlement obligations.

In addition, the Tax sector has sent notices of personal income tax finalization obligations via email and via the eTax Mobile application before the tax finalization deadline to individual taxpayers having electronic tax accounts and using the eTax Mobile application.

In addition, for individual taxpayers with tax debt, they will receive tax debt notices via email provided to the Tax agency and registered electronic tax account.