Compliance with the law is not only the obligation of business households and individuals but also the basis for helping rental activities to take place transparently and stably while also protecting the rights of the business owner.
Hanoi Tax City guides individuals and households to lease real estate with the following contents:
Individuals and households leasing real estate are individuals and households with revenue from leasing, including: Renting houses, premises, stores, factories, warehouses, etc., excluding accommodation services;
Accommodation services not included in property leasing activities include:
+ Providing short-term accommodation facilities for tourists and other visitors;
+ Providing long-term accommodation facilities other than apartments for students, workers and similar subjects;
+ Providing accommodation with food and beverage services or entertainment facilities.
How is the revenue threshold determined?
Revenue from real estate leasing activities is the entire amount of money that households and individuals earn from real estate leasing.
In case the household or individual leasing real estate carries out other business activities, the taxable revenue includes revenue from real estate leasing activities and revenue from other production and business activities.
In case the revenue from production and business activities in the calendar year is below the taxable revenue threshold, it is not subject to tax payment according to the provisions of law.
What taxes must individuals leasing real estate pay?
Individuals leasing real estate with annual revenue below the taxable threshold must pay VAT and personal income tax.
How do real estate leasing households and individuals declare taxes?
According to current regulations, individuals leasing real estate must declare taxes directly to tax authorities or organizations declaring taxes on their behalf, paying taxes on behalf of individuals leasing real estate.
The tax declaration file is submitted to the tax authority directly managing the place where the real estate is for rent.
Currently, the Tax Department is implementing an Experience Portal for business households and individuals to get acquainted with before officially applying it from January 1, 2026 to help business households and individuals more conveniently declare and pay taxes later.
Business households and individuals access the eTtax mobile application, on the display screen, click "Experience for Business Households and Individuals". At this function, households and individuals can get acquainted and practice electronic declaration.
With current electronic support platforms, households and individuals can easily fulfill their tax obligations.
To understand correctly and do the right thing, business households and individuals should proactively update information on tax policies, tax administrative procedures, as well as refer to the instructions of Hanoi Tax through Hanoi Tax information channels such as websites, zalo, Facebook to follow and grasp information.
