The following payments are exempted from Personal Income Tax (PIT) under Circular 92/2015/TT-BTC:
Payments for life insurance, non compulsory insurance packages and without accrual premiums paid by employer. Insurance without accrual premiums including health insurance, death insurance, etc. In which, employees do not receive accrual premiums apart from compensation/indemnification as agreed in the insurance contract (paid by the insurance company).
Payments for transportation to pick up employees from home to company and vice versa and in compliance with the company’s internal policy.
Payments for wedding and funeral for employees or employees’ family in compliance with CIT.