Official letter 5141/CCTKV.XV1-QLDN2 about tax policy:
Based on the above provisions, in case the Company pays unemployment benefits to employees who quit their jobs in accordance with the subjects and levels prescribed by the Labor Code and the Law on Social Insurance, this income will not be included in the taxable income from salaries and wages of employees according to the instructions in Section b.6, Point b, Clause 2, Article 2 of Circular 111/2013/TT-BTC. For unemployment benefits for employees who quit their jobs higher than the level prescribed in the Labor Code No. 45/2019/QH14 of the National Assembly, the Company shall aggregate them with salaries and wages to deduct personal income tax according to the progressive tax schedule before payment. If the allowance is paid in accordance with the provisions of the Labor Code and the Law on Social Insurance, it will be included in deductible expenses when determining taxable income of CIT according to the provisions of Article 4 of Circular 96/2015/TT-BTC.
