GROSS : 20,000,000 (VND) ≈ 952.38 (USD)
NET : 18,067,500 (VND) ≈ 860.36 (USD)
Explain in detail (USD)
|
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 |
(*)
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 |