When is the first day of the 2025 Tet holiday of Vietnam? Are tax submission deadlines deferred when falling on the first day of Tet?

When is the first day of the 2025 Tet holiday in Vietnam?

The 2025 Tet holiday, also known as Lunar New Year 2025, is the most important holiday of the year, holding significant meaning in Vietnamese culture. The year 2025 will be the year of At Ty.

The specific schedule for Tet holiday 2025 is as follows:

- Tet’s Eve 2025 (28th of Tet) falls on Monday, January 27, 2025

- Tet’s Eve 2025 (29th of Tet) falls on Tuesday, January 28, 2025

- The first day of Tet 2025 falls on Wednesday, January 29, 2025

- The second day of Tet 2025 falls on Thursday, January 30, 2025

- The third day of Tet 2025 falls on Friday, January 31, 2025

- The fourth day of Tet 2025 falls on Saturday, February 1, 2025

- The fifth day of Tet 2025 falls on Sunday, February 2, 2025

- The sixth day of Tet 2025 falls on Monday, February 3, 2025

When is the first day of the 2025 Tet holiday of Vietnam? Are tax submission deadlines deferred when falling on the first day of Tet? (Image from the Internet)

How many fully paid days off are officials entitled to for the 2025 Tet holiday of Vietnam?

According to Article 13 of the Law on Officials 2008 and Article 112 of the Labor Code 2019, officials are entitled to fully paid days off on the following holidays and Tet:

New Year: 01 day (January 1).

Tet holiday: 05 days (New Year's Day of the lunar calendar and adjacent days).

Victory Day: 01 day (April 30).

International Labor Day: 01 day (May 1).

National Day: 02 days (September 2 and one day adjacent before or after).

Hung Kings' Commemoration Day: 01 day (March 10 lunar calendar).

Thus, the total number of days off for Tet with full pay for officials in 2025 is 05 days.

Are tax submission deadlines deferred when falling on the first day of Tet?

Based on Clause 1, Article 1 of Decree 91/2022/ND-CP amending Decree 126/2020/ND-CP guiding the Law on Tax Administration, the regulations are as follows:

Supplement Article 6a as follows:

"Article 6a. Deadline conclusion

The deadline for tax return submission, tax payment, tax authority’s dossier resolution, and enforcement decision effectiveness on tax management are implemented according to the Law on Tax Administration and this Decree. If the last day of the deadline for tax return submission, tax payment, tax authority’s dossier resolution, or enforcement decision effectiveness coincides with a public holiday, then the last day of the deadline is calculated as the next working day after that holiday."

According to the above regulation, if the tax payment date falls on the first day of Tet, it will be moved to the next working day after the last Tet holiday.

What are the procedures and processes for tax deferral in Vietnam?

According to Article 5 of Decree 64/2024/ND-CP, the procedures for tax deferral are specified as follows:

- Taxpayers who directly declare and pay tax with the tax authority and are eligible for an extension should send the Application for Extension of Tax Payment and land rent (hereinafter called the Extension Application) either electronically, directly in paper form to the tax authority, or through postal services as per the form in the Appendix issued with this Decree to the directly managing tax authority once for the entire amount of tax and land rent incurred in the extended tax periods along with the timeframe for tax declaration submission whether monthly or quarterly under tax administration laws. If the Extension Application is not submitted alongside the tax return, its delayed submission deadline is September 30, 2024. The tax authority will still execute the extension for the taxes and land rents of the applicable periods before the Extension Application submission.

- In case taxpayers have tax extensions across multiple locations managed by different tax authorities, the directly managing tax authority of the taxpayers is responsible for communicating information and forwarding the Extension Application to the relevant managerial tax authorities.

- Taxpayers must self-identify and are responsible for requesting extensions to ensure they are rightfully eligible under this Decree. If taxpayers submit Extension Applications to tax authorities after September 30, 2024, they are not eligible for tax and land rent extensions under this Decree. If taxpayers amend the declarations of the extended tax periods leading to an increase in payable amounts and these are submitted to the tax authority before the extended tax payment deadline, the extended taxes include additional amounts due from the amendment. If amendments are submitted after the extended tax payment deadline, these additional amounts are not eligible for an extension.

- The tax authority is not obligated to notify taxpayers about the acceptance of tax and land rent extensions. If during the extension period, the tax authority finds that the taxpayer is not eligible for the extension, it shall notify the taxpayer in writing of the refusal, and the taxpayer must pay the full tax, land rent, and late payment fees into the state budget for the period of extension. If, after the extension period, authoritative inspection reveals taxpayers' ineligibility for tax and land rent extensions per this Decree, they must remit any unpaid taxes, fines, and late payment fees to the state budget.

- No late payment fees shall be applied to the extended tax and land rent amounts during the extension period (including cases where taxpayers submit the Extension Application post-declaration and cases where authorized inspection and verification determine taxpayers’ eligibility for additional amounts payable for the extended periods). If late payment fees have been charged by the tax authority for tax returns eligible for extensions under this Decree, the tax authority must adjust and waive those fees.

- For projects and work items of basic construction using state capital investment or payments from state funds on basic constructions of projects using ODA subjected to value-added tax when settling payments with the State Treasury, they must attach a notice from the tax authority acknowledging receipt of the Extension Application or the Extension Application confirmation submitted to the tax authority by the project contractor. The State Treasury shall not deduct VAT during the extension period based on the investment documentation received. When the extension period ends, contractors must fully pay the extended tax as per regulations.