To Avoid Penalties, Accountants and HR Must Complete These 6 Tasks by November 30, 2019

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►►►SEE MORE: Penalties when Accountants, HR do not meet the monthly deadlines of tasks

1. Report on labor fluctuations for October 2019

 Form No. 29 on Notification of Labor Fluctuations

According to the provisions of Clause 2, Article 16 of Circular 28/2015/TT-BLDTBXH, by the 3rd day of each month, enterprises must notify the Employment Service Center at their workplace's location about the labor fluctuations in the unit, if any (based on the calendar month immediately preceding the reporting period).

Hence, by November 3, 2019, enterprises must complete the reporting on labor fluctuations for October 2019.

2. Report on the usage of invoices for October 2019

 Form on Invoice Usage Report

According to current legal regulations, monthly, enterprises are required to submit an Invoice Usage Report to the directly managing tax authority (even if no invoices were used during the period) no later than the 20th of the following month. Thus, by November 20, 2019, enterprises must complete the Invoice Usage Report for October 2019.

This monthly invoice usage reporting requirement is applicable to:

- Enterprises that use self-printed or pre-ordered invoices with violations prohibiting them from using such invoices.- Enterprises categorized as high tax risk and are required to purchase invoices from the tax authority.

These regulations are stipulated in Article 27 of Circular 39/2014/TT-BTC, Clause 4 Article 5 of Circular 119/2014/TT-BTC, and Section 10 of Official Dispatch 1839/TCT-CS.

3. Submission of individual income tax return for October 2019

 Individual Income Tax Returns according to each case

According to current regulations, in October, if an enterprise withholds individual income tax, it must submit the tax return to the directly managing tax authority no later than the 20th of the following month. Hence, by November 20, 2019, enterprises must complete the submission of individual income tax returns for October 2019.

This regulation applies to enterprises that file tax returns monthly. If no individual income tax is withheld in a month, the enterprise is not required to submit the return for that month.

This content is stipulated in Clause 3 Article 10 of Circular 156/2013/TT-BTC.

4. Submission of value-added tax return for October 2019

 Value-Added Tax Return

According to current regulations, enterprises with a total revenue from the sale of goods and services from the previous year exceeding 50 billion VND must submit a value-added tax return monthly, no later than the 20th of the following month. Hence, by November 20, 2019, these enterprises must complete the submission of the value-added tax return for October 2019.

These regulations are stipulated in Point a, Clause 2, Article 11, and Point a, Clause 3, Article 10 of Circular 156/2013/TT-BTC.

5. Contribution of Social Insurance, Health Insurance, Unemployment Insurance for November 2019

See the detailed rates for social insurance contributions for employees HERE.

Monthly, no later than the last day of the month, enterprises must contribute the compulsory social insurance, health insurance, unemployment insurance based on the monthly salary fund of employees participating in the compulsory insurance; meanwhile, deduct from the monthly salary of each employee the compulsory insurance contribution amounts as stipulated and transfer them simultaneously to the designated social insurance accounts at a bank or the State Treasury.

Thus, by November 30, 2019, enterprises must complete the social insurance, health insurance, and unemployment insurance contributions for employees for November 2019.

These regulations are stipulated in Clause 1, Article 7, Article 16, and Clause 1, Article 19 of Decision 595/QD-BHXH.

6. Payment of Union Fees for November 2019

According to current regulations, enterprises must pay Union fees monthly along with the compulsory social insurance contributions for employees, at the rate of 2% of the wage fund used as the basis for the social insurance contributions. Hence, November 30, 2019, is also the deadline for this payment to the accounting department of the district or municipal Labor Union where the enterprise is registered.

These regulations are stipulated in Clause 2, Article 6 of Decree 191/2013/ND-CP.

Nguyen Trinh

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