Insurance maternity allowance tax free
HA NOI (VNS)The maternity allowance from the Social Insurance Fund is not subject to personal income tax, announced an urgent document sent from the General Department of Taxation (GDT) to its local departments earlier this week.
The document confirmed that the allowance paid once for giving birth or adopting a child was among those exempted from taxation in accordance with the Law on Social Insurance and the Labour Code.
A document issued by the general department last week guiding taxation of personal income confused many workers as it also lists maternity allowance in the taxed category. — VNS