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tax payment

Small firms, household businesses to get support in shift to revenue-based tax

Small firms, household businesses to get support in shift to revenue-based tax

The Ministry of Finance is drafting a decree to implement the National Assembly’s resolution on promoting private sector development, including measures to provide free digital platforms and shared accounting software for SMEs, household businesses and self-employed individuals.
Banks, fintech companies enable shift to revenue-based taxation

Banks, fintech companies enable shift to revenue-based taxation

Millions of small business households are facing a major turning point, as the lump-sum tax system is replaced by tax declaration starting in 2026, part of a broader regulatory reform to modernise tax administration and promote a transparent and efficient...
Tax authority requires e-invoices to reflect new administrative areas

Tax authority requires e-invoices to reflect new administrative areas

The tax management system will transition from 20 regional tax branches to 34 provincial and centrally governed municipal tax offices and 350 grassroots tax units.
Tax department to hold online programme for digital sellers

Tax department to hold online programme for digital sellers

In the first five months of 2025, tax authorities collected VNĐ74.4 trillion (US$2.9 billion) from organisations and individuals engaged in e-commerce and other digital economy activities, up 55 per cent year-on-year.
Easing business households shift to e-invoices

Easing business households’ shift to e-invoices

Starting June 1, business households with large annual revenues have been required to transition from lump-sum tax payments to payments based on actual revenue.
Large business households required to use e-invoices from June 1

Large business households required to use e-invoices from June 1

Business households with large annual revenues from June 1 will be required to transition from lump-sum tax payments to tax payment based on actual revenue, as mandated by Decree 70/2025/NĐ-CP. 
VECOM proposes delay in e-commerce tax collection timeline

VECOM proposes delay in e-commerce tax collection timeline

Starting April 1, e-commerce and digital platforms with payment functions must declare and pay taxes on behalf of business households and individual sellers. This requirement is part of the draft amendments to the Tax Administration Law, which was passed by...
Shopee Việt Nam announces new tax payment policy for sellers

Shopee Việt Nam announces new tax payment policy for sellers

Shopee, one of the leading e-commerce platforms in Việt Nam, has issued an important notice regarding changes in tax payment obligations for business households and individual sellers operating on the platform. 
MoF proposes tax and land rent payment extension for 2025

MoF proposes tax and land rent payment extension for 2025

According to MoF, this is an extension policy, not a tax exemption or reduction.
Tax payment deadline for domestic automobiles extended

Tax payment deadline for domestic automobiles extended

This is the fourth extension of special consumption tax payment deadline since 2021 with an aim to support domestic manufacturers in the context of ping purchasing power after the COVID-19 pandemic.
MoF proposes extending the special tax payment deadline for domestic cars

MoF proposes extending the special tax payment deadline for domestic cars

The MoF said that continuing to support domestic automobile manufacturing and assembling enterprises is necessary.
Comprehensive solution needed to support loss-making enterprises

Comprehensive solution needed to support loss-making enterprises

Statistics of financial data provider Fiin Group showed that in the fourth quarter of 2022, there were about 251 loss-making enterprises out of a total of about 1,000 enterprises that published financial statements.
Ministry proposes extension of tax payment deadline

Ministry proposes extension of tax payment deadline

The ministry said the extension would support enterprises to overcome difficulty and have resources to invest in production and business, adding that the extension would not affect the state budget balance at both central and local levels.
Extended payable excise tax will help boost domestic automobiles

Extended payable excise tax will help boost domestic automobiles

The Ministry of Finance (MoF) proposal to extend the deadline for excise tax payment for locally manufactured and assemble cars will help businesses get more financial resources and restore their production.
Ministry proposes auto tax payment extension worth VND20 trillion

Ministry proposes auto tax payment extension worth VND20 trillion

The Ministry of Finance has proposed the Government give an extended deadline for payment of special consumption tax worth a total of VND20 trillion (US$870.5 million) on domestically produced and assembled cars.