🎉 Official: Increase in the Taxable Revenue Threshold for Household Business to VND 500 million Per Year (From January 1st, 2026)

According to the Amended Law on Personal Income Tax , approved by the National Assembly on December 10th , Business Household and Individuals will see significant changes to their tax obligations starting from 2026.

📌 1. Tax-Free Threshold from 2026

➡ Revenue under VND 500 million per year

• Not subject to Personal Income Tax
• Not subject to Value-Added Tax

(The Previous Threshold was 200 million per year)

🎯 2. Above VND 500 million → Business Individuals can choose one of two tax calculation methods.

A. Calculated based on income (Profit = Revenue − Expenses)

Apply the same tax rate as small and medium-sized enterprises:

👉 New beneficial points:

• For the first time, business individuals will be subject to a tax rate determined by their revenue scale.
• Fairer: Pay less for small profits – Pay nothing for losses.

B. Calculated based on the revenue ratio (when expenses are not identifiable)

Remains as currently implemented:

🔥 A Super Short and Easy-to-Understand Summary

• ✔ Under VND 500 million → Not subject to tax
• ✔ VND 500 million – VND 3 billion → 15% (if based on profit)
• ✔ Above VND 3 billion – VND 50 billion → 17%
• ✔ Above VND 50 billion → 20%
• ✔ When expenses are undetermined → Tax rate 0,5% – 1% – 2% based on revenue

If you need an infographic version or a comparison table template to post on your fanpage, just let me know — I’ll get it done ASAP.