What is the difference between gross and net salary?

Gross is the total before deductions. Net is what lands in your bank account after income tax and social insurance.

Why is my net so much lower than gross?

Social insurance takes about 10.5% in Vietnam, and progressive income tax starts at 5% on taxable income above the deduction.

Work out your take-home pay after income tax and social insurance. Vietnam and US rules included.

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MB Bank · 0978234690 · NGUYEN DUC HUNG · Nội dung: UNGHO