LAWNET would like to send to Customers and Members 05 things the Accounting - Human Resources department of enterprises need to do after the Lunar New Year holiday in 2021.
Article table of contents
1. Submit tax declaration dossiers
According to Article 44 of the Law on Tax Administration of Vietnam, the deadline for submission of tax declaration dossiers of taxes declared monthly is the 20th of the month succeeding the month in which tax is incurred.
Thus, February 20, 2021 is the deadline for enterprises to submit tax declaration dossiers for taxes declared monthly.
>>> View more: 03 things to know when registering and making electronic tax payment
2. Submit invoice use report
According to Article 27 of the Circular No. 39/2014/TT-BTC, Clause 4 Article 5 of the Circular No. 119/2014/TT-BTC of the Ministry of Finance of Vietnam and Section 10 of the Official Dispatch No. 1839/TCT-CS, no later than February 20, 2021, any enterprise using self-printed invoices or ordered invoices that commits any violation on invoices that are handled for administrative violations of tax evasion or fraud, must report the use of invoices to the tax authorities directly managing them.
Note: Electric invoices are not compulsory in 2021 in Vietnam.
Specifically, according to Clause 3 Article 59, Clause 1 Article 60 of the Decree No. 123/2020/NĐ-CP of Vietnam’s Government, enterprises, economic organizations, other organizations, business households and individuals are not required to complete the implementation of e-invoices and e-invoices with the tax authority's code from November 01, 2020 which will delay the mandatory deadline for applying e-invoices from July 01, 2022. However, in case the tax authority announces that the business establishment applies e-invoices before July 01, 2022 and the business establishment meets the conditions for information technology infrastructure, it is required to apply e-invoices before July 01, 2022.
3. Compulsory social insurance payment in February 2021
According to Clause 1 Article 7 of the Decision No. 595/QĐ-BHXH of Vietnam Social Security, every month, no later than the last day of the month, the employers shall make deductions from the monthly salary fund of participants in compulsory social insurance to pay for compulsory social insurance contributions and simultaneously make deductions from monthly salary as the basis for payment of compulsory social insurance of each employee at prescribed rate and transfer them at the same time to the collecting account opened at the state banks or treasuries by the social insurance authorities.
Thus, no later than February 28, 2021, enterprises must make deductions from employees' social insurance premiums to the social insurance agency or the State Treasury.
4. Pay trade-union fee in February 2021
According to Clause 2 Article 6 of the Decree No. 191/2013/NĐ-CP of Vietnam’s Government, enterprises, whether or not they have a trade union organization, must also pay trade union fees once a month at the same time as paying compulsory social insurance for employees, the remittance level shall be 2% of salary fund which are used as the basis for social insurance payment for employees.
Thus, no later than February 28, 2021, enterprises must complete the payment of trade union fees at the accounting department of the district labor union where the enterprise registers its business.
5. Notification of changes of employees
According to Article 16 of the Circular No. 28/2015/TT-BLĐTBXH of the Ministry of Labor - Invalids and Social Affairs of Vietnam, before every 3rd of a month, the employer shall send a notification of changes in working employees (if any, of the previous solar month) to the employment service center where its headquarters is located (calculated according to the calendar month of the month immediately preceding the time of notification).
Thus, before March 03, 2021, enterprises must submit a report on changes of employees to the Department of Labor, War Invalids and Social Affairs, if any.
Le Vy
- Key word:
- Lunar New Year 2021
