Renting a House for 6 Months with One-time Payment: When to File and Pay Taxes?

Based on the provisions at Point a Clause 1 Article 8 of Circular 92/2015/TT-BTC:

Individuals who directly declare taxes shall perform value-added tax and personal income tax declarations if the total revenue from leasing property in the calendar year exceeds VND 100 million.

According to the information you provided, each month you collect VND 12 million from house rentals => generating an annual income of VND 144 million from leasing houses => you must fulfill the obligation to declare and pay personal income tax and value-added tax.

Regarding the deadline for submitting the tax declaration dossier and paying taxes as stipulated at Points a and d Clause 1 Article 8 of Circular 92/2015/TT-BTC. To be specific:

Individuals may choose to declare taxes by payment term or make a one-time annual declaration. In case of changes in the content of the property lease contract leading to changes in taxable revenue, payment terms, or lease term, the individual shall declare the adjustments and supplements according to the provisions of the Tax Management Law for the tax period in which the changes occur.

The deadline for submitting the tax declaration dossier for individuals who declare taxes once a year is no later than the 90th (ninety) day from the end of the calendar year.

Thus, in the case where you rent out a house, generating taxable value-added income and personal income tax, and choose to declare taxes annually, the deadline for submitting the tax declaration dossier and paying taxes is no later than the 90th day from the end of the calendar year.

Sincerely!