Are individuals engaged in agricultural production eligible for an extension of personal income tax payment deadline in Vietnam in 2024?
Are individuals engaged in agricultural production eligible for an extension of personal income tax payment deadline in Vietnam in 2024?
According to Article 3 of Decree 64/2024/ND-CP, individuals engaging in business activities in the following economic sectors are eligible for an extension of personal income tax payment deadline in 2024:
Eligible subjects
1. Enterprises, organizations, households, business households, individuals producing in the following economic sectors:
a) Agriculture, forestry, and fisheries;
b) Production, food processing; textile; apparel production; leather production and related products; wood processing and production of wood, bamboo, and rattan products (excluding beds, cabinets, tables, chairs); production of products from straw, thatch, and woven materials; paper production and paper products; production of rubber and plastic products; production of products from non-metallic minerals; metal production; mechanical processing; metal treatment and coating; production of electronic products, computers, and optical products; production of automobiles and other motor vehicles; production of beds, cabinets, tables, chairs;
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2. Enterprises, organizations, households, business households, individuals engaging in business activities in the following economic sectors:
a) Transportation and warehousing; accommodation and food services; education and training; health and social assistance activities; real estate business activities;
b) Labor and employment service activities; activities of travel agents, tour business, and supportive services related to promotion and organization of tours;
c) Creative, artistic, and entertainment activities; activities of libraries, archives, museums, and other cultural activities; sports, entertainment, and recreation activities; film projection activities;
d) Broadcasting activities; computer programming, consulting services, and other related activities; information service activities;
đ) Mining support service activities.
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Individuals engaged in agricultural production are eligible for an extension of personal income tax payment deadline in 2024.
Are individuals engaged in agricultural production eligible for an extension of personal income tax payment deadline in Vietnam in 2024? (Image from the Internet)
What is the extended deadline for 2024 personal income tax payment for individuals engaged in agricultural production in Vietnam?
At Article 4 of Decree 64/2024/ND-CP it is stipulated:
Extension of tax payment deadline and land rent
- For value added tax (excluding value added tax on imports)
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- For value added tax, personal income tax of business households and individuals
Extension of the deadline for payment of value added tax, personal income tax for the tax amount payable arising in 2024 of business households, and individuals operating in the economic sectors and fields listed in Clauses 1, 2, and 3, Article 3 of this Decree. Business households, individuals shall pay the extended tax amount at the latest by December 30, 2024.
4. For land rent
Extension of the deadline for payment of 50% of the land rent payable arising in 2024 (the second payment period of 2024) for businesses, organizations, households, individuals belonging to the subjects prescribed in Article 3 of this Decree, directly leasing land from the State under a Decision or Contract of the competent state agency in the form of annual land rent payment. The extension period is 2 months from October 31, 2024.
This regulation applies even if businesses, organizations, households, individuals have many Decisions, Contracts for direct land lease from the State and engage in various production and business activities, including sectors listed in Clauses 1, 2, and 3, Article 3 of this Decree.
5. In case businesses, organizations, households, business individuals have activities in multiple sectors listed in Clauses 1, 2, and 3, Article 3 of this Decree, then: businesses, organizations shall be granted an extension for the entire value added tax, corporate income tax payable; households, business individuals shall be granted an extension for the entire value added tax, personal income tax payable as guided in this Decree.
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The extended deadline for personal income tax payment in 2024 for business individuals is December 30, 2024.
Note: Extension of the deadline for personal income tax payment for the tax amount arising in 2024.
What is the application form for the 2024 tax payment extension in Vietnam?
The application form for the 2024 tax payment extension is included in the Appendix issued with Decree 64/2024/ND-CP:
>> Download application form for the 2024 tax payment extension: Download
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