As someone who often rotates jobs, what do you need to pay attention to?

YOU NEED TO KNOW THAT

Tax

Calculate deductions for yourself and dependents

Finalization

Social insurance contribution

I/ How to calculate personal income tax in 2 places:

According to Clause 1, Article 25 of Circular 111/2013/TT-BTC regulating personal income tax deduction: “

1) Tax deduction
Tax deduction is the act of organizations and individuals paying income deducting the tax amount payable from the taxpayer’s income before paying income, specifically as follows:

1.b) Income from salaries and wages
b.1) For residents and employees who sign labor contracts of three (03) months or more, income-paying organizations and individuals shall deduct tax according to the partially progressive tax schedule, including individual case. Employees sign contracts of three (03) months or more in many places.

2.i Tax deduction for some other cases Organizations and individuals paying salaries, wages and other expenses to resident individuals who do not sign labor contracts (according to instructions in points c and d, clause 1). 2 Article 2 of this Circular) or sign a labor contract of less than three (03) months with a total income of two million (2,000,000) VND or more, tax must be deducted at the tax rate of 10% of the total income. Enter before paying individuals.

In case an individual only has income subject to tax deduction at the rate mentioned above, but the estimate of the individual’s total taxable income after family deductions is not enough to pay tax, that individual has a commitment (according to form issued together with the guiding document on tax administration) sent to the income-paying organization so that the income-paying organization can use it as a basis for temporarily not deducting personal income tax.
Individuals who make commitments according to the instructions at this point must register for tax and have that tax amount at the time of commitment. “

So:

Individuals with income from many places and signing labor contracts of 3 months or more are charged personal income tax according to the Partial Progressive Tax Schedule.

Individuals with income from many places, including places registered for less than 3 months (seasonal, contract, collaborator…) but (salary from 2,000,000/time or month or more) must deduct 10% ( Not fulfilling commitments because of income in 2 places)

II. Calculate deductions for yourself and dependents:

According to the provisions of Clause 1, Article 9, Circular 111/2013 / TT-BTC regulating family deductions:

“c.1.1) If a taxpayer has multiple sources of income from salary, wages, or business, at a certain time (per province, each month), the taxpayer chooses to calculate family deductions in one place.

i) Taxpayers only have to register and submit documents proving each dependent once during the period of calculating family deductions. In case the taxpayer changes his/her workplace or business location, the registration and submission of documents proving dependents shall be carried out as in the case of registering dependents for the first time according to the instructions in section h.2.1.1.1. point h .2.1.1.1, point. h, clause 1, this Article.“
According to Official Dispatch 34683/CT – TTHT dated May 26, 2017 of Hanoi Tax Department:

“In case a taxpayer signs a labor contract of more than three months in two places, he or she will receive family deductions at the income payment agency and family allowance deductions for dependents at this agency. The family deduction does not affect the personal income tax liability of the individual if the guiding principles at Point c, Clause 1, Article 9 of Circular No. 111/2013 / TT – BTC are maintained. “

So:

Individuals with multiple sources of income can only deduct in one place.

If you want to reduce dependents, you must register with the company you want to reduce.