GROSS : 20,000,000 (VND) ≈ 952.38 (USD)
NET : 17,867,500 (VND) ≈ 850.83 (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 - 428.57
Reduction for dependant - 0.00
Taxable income 455.95
Personal income tax (*) - 33.69
NET salary
(Income before tax - Personal income tax)
850.83
(*) Detail of personal income tax (USD)
The taxable The tax rate The payment
To 5 million VND5%11.90
Upper 5 million VND to 10 million VND10%21.79
Upper 10 million VND to 18 million VND15%0.00
Upper 18 million VND to 32 million VND20%0.00
Upper 32 million VND to 52 million VND25%0.00
Upper 52 million VND to 80 million VND30%0.00
Upper 80 million VND35%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