What are the instructions on fixed tax declaration? When is the deadline for submission of fixed tax declaration dossiers in Vietnam?
When is the deadline for submission of fixed tax declaration dossiers in Vietnam?
Pursuant to Clause 3, Article 13, Circular 40/2021/TT-BTC stipulates the deadlines for submission of fixed tax declaration dossiers for household businesses and individual businesses:
- December 15 of the year preceding the year in which tax is incurred.
- For new fixed tax payers (including household businesses that switch from paying under declarations to paying fixed tax), fixed tax payers that switch to paying tax under periodic declarations, fixed tax payers that change their business lines or scale in the year: 10 days from the day on which the change occurs.
- The tax declaration dossier prepared by a fixed tax payer that uses invoices issued or sold separately by the tax authority shall be submitted within 10 days from the day on which the revenue on these invoices is earned.
What are the instructions on fixed tax declaration? When is the deadline for submission of fixed tax declaration dossiers in Vietnam?
What are the instructions on fixed tax declaration in Vietnam?
According to the guidelines on the Hanoi Tax Department's e-Tax Portal, the instructions for fixed tax declaration are as follows:
- Household businesses declare fixed tax once a year using the prescribed form 01/CNKD, issued together with Circular 40/2021/TT-BTC by the Ministry of Finance, provided by the tax authorities from November 20, 2023, to December 15, 2023.
- The business sector is declared based on the list of industries in the Vietnam Economic Classification System, issued together with Decision 27/2018/QD-TTG dated July 6, 2018, by the Prime Minister.
- If the household businesses have a need for invoices to be given to customers, they should request them from the tax authorities for each occurrence. The household business is responsible for storing and presenting to the tax authorities the invoices, documents, contracts, and supporting documents proving legitimate goods and services when requesting invoices for each occurrence. In the case of household businesses operating in border markets, border gates, or economic zones at border gates within the territory of Vietnam, they must store and present invoices, documents, contracts, and supporting documents proving legitimate goods when requested by the competent state management agencies.
- For household businesses that use invoices issued by the tax authorities for each occurrence, the revenue and fixed tax amount are determined from the beginning of the year, excluding revenue and tax from the use of invoices.
- Household businesses can perform tax declaration electronically through the website thuedientu.gdt.gov.vn under the "CÁ NHÂN" section or through the National Public Service Portal.
What are the fixed tax declaration dossiers for household businesses and individual businesses in Vietnam?
Pursuant to Clause 2, Article 13, Circular 40/2021/TT-BTC stipulates that the fixed tax declaration dossiers for household businesses and individual businesses include:
- From November 20 to December 05 every year, tax authorities shall hand out the tax form of the next year to all fixed tax payers.
- The tax declaration dossier to be prepared by the fixed tax payer according to Point 8.1 of Appendix I of the Decree No. 126/2020/ND-CP shall be tax form No. 01/CNKD enclosed herewith.
- The fixed tax payer that uses invoices issued or sold separately by the tax authority shall declare tax on these separate invoices and submit the tax form No. 01/CNKD together with the following documents:
+ Copy of the contract for provision of goods/services in the same business lines as those of the fixed tax payer;
+ Copy of the contract finalization record;
+ Documents proving origins of goods and services such as: manifest of domestic farm products; manifest of traded goods of border residents for goods imported by border residents; invoices provided by sellers for imports purchased from domestic organizations and individuals; documents proving that the goods are manufactured or provided by the individual business, etc.
Note: The tax authority is entitled to request the taxpayer to present original copies for comparison with the copies.
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