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People Advisory Services Tax Alert | December 2025 | Preparation for 2025 year-end personal income tax finalization
This update is intended to remind taxpayers of key compliance requirements and deadlines, enabling proactive planning and effective management of the 2025 personal income tax (PIT) finalization process.
Who are required to file the year-end PIT finalization
Organizations paying income from salary and wages during the year (income paying organizations)
Individual who is eligible to do the finalization directly with tax authority (individuals filing direct PIT finalization)
Filing deadline
|
Category |
Deadline |
Notes |
|---|---|---|
|
Income paying organizations |
31 March 2026 |
The statutory deadline is last day of the third month following the end of the calendar year. |
|
Individuals filing |
4 May 2026 |
The statutory deadline is the last day of the fourth month following the end of the calendar year, adjusted to the next working day if it falls on a weekend or public holiday. |
Documents required for PIT finalization
For income paying entity: Form 05/QTT-TNCN and appendices 05-1/BK-QTT-TNCN, 05-2/BK-QTT-TNCN, 05-3/BK-QTT-TNCN (if applicable) in accordance with Circular 80/2021/TT-BTC1
For individuals filing direct PIT finalization:
Form 02/QTT-TNCN and Appendix 02-1/BK-QTT-TNCN (if applicable) in accordance with Circular 80/2021/TT-BTC1
Supporting documents in accordance with Appendix I of Decree 126/2020/ND-CP2
Place of submission
|
Category |
Place of submission |
|---|---|
|
Income paying organizations |
The management tax authority
|
|
Individuals filing direct |
|
Implications for non-compliance
Administrative penalty on late filing up to VND25 million
Interest on late payment of outstanding PIT at 0.03% per day late on amount due
Other notes
In addition to the points mentioned above, it is recommended tax payers pay attention to some relevant changes applicable for 2025 tax year as listed below:
Changes on Tax Withholding Certificates as guided by Decree No. 70/2025/ND-CP issued by the Government on 20 March 2025 providing regulations on e-invoices
Replacement of individual tax code with identification numbers from 1 July 2025 as stipulated in Circular No. 86/2024/TT-BTC issued by the Ministry of Finance on 23 December 2024 regarding tax registration
Requirement for organizations to provide information on PIT paid on behalf of individuals
as instructed in Official Letter No. 828/TCT-KK, issued by the General Tax Department (which is now is Tax Department) on 25 February 2025
Decree No. 49/2025/ND-CP issued by the Government on 28 February 2025 stipulating the thresholds for Immigration ban applicable for tax payers
1 Circular 80/2021/TT-BTC dated 29 September 2021 of Ministry of Finance elaboration of some articles of the Law on Tax administration and the Decree 126/2020/ND-CP dated 19 October 2020 on elaboration of some articles of the Law on Tax Administration
2 Decree 126/2020/ND-CP dated 19 October 2020 of Government on elaboration of some articles of the Law on Tax Administration