| Gross salary | 952.38 |
|---|---|
| Social insurance (7%) | - 50.00 |
| Health insurance (1.5%) | - 10.71 |
| Unemployment insurance (1% - lương tối thiểu vùng) | - 7.14 |
| Income before tax | 884.52 |
| Reduction for personal | - 523.81 |
| Reduction for dependant | - 0.00 |
| Taxable income | 360.71 |
| Personal income tax (*) | - 24.17 |
|
NET salary (Income before tax - Personal income tax) |
860.36 |
Transfer GROSS to NET and vice versa
GROSS : 20,000,000 (VND) ≈ 952.38 (USD)
NET : 18,067,500 (VND) ≈ 860.36 (USD)
NET : 18,067,500 (VND) ≈ 860.36 (USD)
Explain in detail (USD)
(*)
Detail of personal income tax (USD)
| The taxable | The tax rate | The payment |
|---|---|---|
| To 5 million VND | 5% | 11.90 |
| Upper 5 million VND to 10 million VND | 10% | 12.26 |
| Upper 10 million VND to 18 million VND | 15% | 0.00 |
| Upper 18 million VND to 32 million VND | 20% | 0.00 |
| Upper 32 million VND to 52 million VND | 25% | 0.00 |
| Upper 52 million VND to 80 million VND | 30% | 0.00 |
| Upper 80 million VND | 35% | 0.00 |
Employer pay (USD)
| GROSS salary | 952.38 |
|---|---|
| Social insurance (18.5%) | 132.14 |
| Health insurance (3%) | 21.43 |
| Unemployment insurance (1% - lương tối thiểu vùng) | 7.14 |
| Total | 1,113.10 |