VietlawOnline

blue-check Issues relating to expenses of Covid-19 testing, quarantine

Official letter No. 31557/CTHN-TTHT dated August 13th, 2021 of the Department of Taxation of Ha Noi city regarding determination of expenses involved in Covid-19 prevention and control
Posted: 25/8/2021 9:25:10 AM | Latest updated: 26/8/2021 2:41:50 PM (GMT+7) | LuatVietnam: 5277 | Vietlaw: 524
VietlawOnline

According to this Official letter, in case a company agrees to pay house rents on behalf of its employees in labor contracts, it may account expenses involved in Covid-19 quarantine paid for its employees. However, these expenses must have adequate invoices, payment documents.

With regard to expenses of Covid-19 testing, vaccination paid for employees, they are considered to be welfare expenditures directly paid to the employees; if these expenses meet the regulations at point 2.30 Clause 2 Article 6 of Circular No. 78/2014/TT-BTCstatus2 (amended, supplemented at Article 4 Circular No. 96/2015/TT-BTC), they shall be also included in deductible expenses upon determination EIT-liable income.

Notably, if expenses in relation to Covid-19 prevention and control have documents specifying names of recipients, it is required to withhold personal income tax according to dd.3.2 clause 2 Article 2 of Circular No. 111/2013/TT-BTCstatus2 .

Ms Phuong Thao (VietlawOnline.com)
Please tag VietlawOnline.com when reposting this article
Related documents
Not found
Penalty document
Unknown
Information
Effective Date Unknown
ExpiredDate Unknown
Published Vietlaw's Newsletter No. 524
Tệp đính kèm
enflag pdficon CV31557_13082021CTHN[VLO].pdf
Timeline
No data

Reasonable expenses