Circular 87/2026/TT-BTC

Summary

Circular 87/2026/TT-BTC provides the most detailed and updated guidance on personal income tax (PIT) for employees and individuals with income from multiple sources. The most notable point is the adjustment of family deduction levels for the taxpayers themselves and their dependents, more closely reflecting the fluctuations in the consumer price index and living costs in 2026. The circular also provides clear interpretations regarding the tax calculation for allowances, subsidies, and in-kind benefits (such as voluntary insurance, training expenses). For individuals with income from capital investments, securities transfers, and real estate businesses, the circular re-establishes tax calculation methods to enhance transparency and simplify declaration procedures, while providing detailed instructions for the online PIT finalization process.