Many workers generate income from salaries and wages during the year from many different sources due to a number of reasons such as: transferring jobs to other agencies; working for many agencies, organizations, units...

Among them, many people are still wondering how to settle personal income tax, whether they can authorize an agency/organization/enterprise to settle tax or not.

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Tax law clearly stipulates that employees with multiple sources of income can authorize personal income tax settlement. Photo: Nam Khanh

Regarding this issue, the tax authority said: Based on the provisions of Section d.2 and Section d.3, Point d, Clause 6, Article 8 of Decree No. 126/2020/ND-CP detailing a number of articles of the Law on Tax Administration, in case an employee has income from salaries and wages in many places during the year, and the income in other places is income under a labor contract of more than 3 months, he/she will not be authorized to settle personal income tax but must directly settle personal income tax.

However, if the employee's income is irregular income from other places with an average monthly income of no more than 10 million VND in the year and has been deducted personal income tax at a rate of 10%, the employee does not request tax settlement for this income, then the employee is authorized to settle personal income tax for the company/agency/organization.

How to calculate family deductions according to the latest regulations Family deductions when calculating personal income tax (PIT) are currently applied according to Resolution No. 954/2020/UBTVQH14. Individuals can calculate taxes themselves after family deductions.
In which cases is it not necessary to finalize personal income tax? Resident individuals with income from salaries and wages must directly or authorize an authorized person to declare and finalize personal income tax (PIT) with the tax authority. However, there are also cases where individuals do not need to finalize PIT.