10/04/2023

Announcement of Personal Income Tax Deduction for Employees of Mamsell International Investment Company Limited

Dear all employees,

We would like to inform you that the company will deduct Personal Income Tax (PIT) from your salary according to the current regulations of the Law on PIT. The applicable PIT rates are based on your monthly taxable income and are as follows:

We would like to inform you that the company will deduct Personal Income Tax (PIT) from your salary according to the current regulations of the Law on PIT. The applicable PIT rates are based on your monthly taxable income and are as follows:

5% for monthly taxable income up to VND 5,000,000

10% for monthly taxable income from VND 5,000,001 to VND 10,000,000

15% for monthly taxable income from VND 10,000,001 to VND 18,000,000

20% for monthly taxable income from VND 18,000,001 to VND 32,000,000

25% for monthly taxable income from VND 32,000,001 to VND 52,000,000

30% for monthly taxable income exceeding VND 52,000,000

The company will deduct the PIT from your salary and transfer it to the tax authority on a monthly basis. The deducted PIT amount will be clearly stated on your monthly salary statement.

Please note that the PIT deduction is mandatory and required by law. If you have any questions or concerns regarding the PIT deduction, please do not hesitate to contact the HR department for further assistance.

Thank you for your attention.

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