Recently, Ha Tinh Provincial Tax Department issued Official Letter 130/TCS5-NVDTHCTH on propagating the elimination of contract tax for business households and individuals from January 1, 2026.
Accordingly, in order to help taxpayers fully understand the benefits, rights and obligations when switching to the implementation of the declaration method, the 5 provinces of Ha Tinh Tax base introduce to taxpayers in the area a number of contents.
In particular, the things that business households must do when switching to the declaration method are guided to include:
- Complete contract tax obligations and switch to the declaration method: Business household declaration adjust and supplement the Contract Tax Declaration according to form No. 01/CNKD issued with Circular 40/2021/TT-BTC dated June 1, 2021 of the Ministry of Finance.
- Implement the accounting regime in accordance with regulations: Business households paying taxes according to the declaration method must implement the accounting regime, invoices, and documents according to the provisions of Circular 88/2021/TT-BTC dated October 11, 2021 of the Ministry of Finance "Instructions for accounting regime for business households and individuals".
- Tax declaration and payment: When switching to the declaration method, business households need to declare and pay taxes according to regulations:
+ Tax declaration documents include: Tax declaration form form No. 01/CCGTD and Appendix of the Declaration Table form No. 01-2/BK-HDKD issued with Circular 40/2021/TT-BTC dated June 1, 2021 of the Ministry of Finance (if there is a basis to determine revenue according to confirmation by the competent authority, it is not necessary to submit this Appendix).
+ Regarding the deadline for submitting tax declarations, according to the provisions of Clause 1, Article 44 of the Law on Tax Administration:
In case of monthly declaration: No later than the 20th of the month following the month in which the taxable liability arises.
In case of quarterly declaration: No later than the last day of the first month of the following quarter, tax obligations arise.
+ Regarding the tax payment period, according to the provisions of Clause 1, Article 55 of the Law on Tax Administration:
No later than the last day of the tax declaration deadline.
In case of additional tax declaration documents, the tax payment deadline is the deadline for tax declaration documents of the tax calculation period with errors and shortcomings.
