Simplifying tax declaration and payment procedures
According to Decree 70/2025 on amending and supplementing regulations on invoices and documents, business households with a revenue of over 1 billion VND per year in a number of industries ( catering, hospitality, retail, passenger transportation, beauty, entertainment...) will have to use electronic invoices (HDDT) generated from cash registers.
Applying the Board of Directors to business households helps tax authorities grasp actual revenue. From there, the revenue of households and individuals doing business will be re-determined, which can be adjusted, instead of the current contract tax rate.
Sharing with PV Labor, a leader of the Tax Department of Region I said that the use of investment contracts created from the cash register brings many practical benefits to business households and business individuals such as saving time and cost when allowing the seller to issue invoices at the time of trading, minimizing the delay between the time of payment and the time of invoice. The invoice data is transferred to the tax authorities through the organization of providing services, transmitting and storing electronic data, ensuring accuracy and timely. This also warns that consumers on the risk of invoices of the seller are subject to stopping e -commerce, improving the reputation of business households and business individuals, showing professionalism and modernity.
Not too difficult for large business households
In implementing the new regulation, Dr. Nguyen Ngoc Tu - Former Editor-in-Chief of Tax Magazine, lecturer at Hanoi University of Business and Technology, said that basically, the target group is business households with a revenue of over 1 billion VND/year and will not encounter too many difficulties in the conversion process.
Experts commented: The business households in this category are mostly large households with high revenue, many cases have been paying taxes according to the pre-declaration method. They are used to fulfilling their tax obligations as a small business, so switching to electronic invoices is not a sudden change. In addition, many of them also have good economic conditions and technological qualifications, even being proficient in using computers and software, learning online is better than many people".
According to this person, tax authorities only need initial technical support such as system connection, instructions on making electronic reports... to make implementation more smooth.
In the long term, the application of electronic invoices from cash registers by large business households is expected to create a spreading effect to smaller households, reaching the entire individual business area in the modern tax management system.
busines are a significant component of the economy, providing goods and services to both the business sector and administrative agencies. If invoices and data are not used, there will be a lack of transparency, causing difficulties in settlement, budget expenditure as well as price monitoring. To successfully transform digitally, this area cannot be left empty. Electronic invoices are a tool to gradually bring the individual business sector into a modern management cycle, creating a foundation for a more efficient and transparent digital economy, the expert emphasized.
But many business households are still concerned
Despite active support from the authorities, many business households still expressed concerns when implementing this new regulation. One of the biggest obstacles is the limitation of technology skills.
Ms. Nguyen Thi Huyen - owner of a household appliance and ceramic store on Lac Long Quan Street (Tay Ho District, Hanoi) said: "A few days ago, tax officials came to the store to announce the mandatory use of electronic invoices from June 1, 2025. They also instructed me to declare information and tax codes to prepare for implementation. They are very dedicated and enthusiastic in guiding, but for an older person like me, it is not easy to learn.
Ms. Huyen expressed her wish that the electronic invoice software should be designed to be more user-friendly, especially in terms of display interface. She hopes the tax industry can extend the implementation time, creating conditions for small businesses like her to have more time to adapt and gradually get used to the new technology.
Mr. Tran Van Binh, the owner of a shop on Doi Can Street (Ba Dinh District, Hanoi) shared that he had heard tax officials about the popular application of electronic invoices since the beginning of May but had not yet clearly understood how to operate cash registers and new software.
In reality, in order for the new regulation to come into effect, in addition to technical support, management agencies need to have more mechanisms to encourage business households to convert, as well as clear communication so that people properly understand the role of electronic invoices in creating a transparent and fair business environment.
Concerns about separating revenue to avoid taxation
Speaking to Lao Dong Newspaper, Mr. Nguyen Quang Huy, CEO of the Faculty of Finance - Banking (Nguyen Trai University) said that in the past, individual business households, although having large revenues, paid contract tax, were not required to fully declare their revenue, creating space for tax fraud. With the Board of Directors from cash registers, every transaction is recorded immediately, creating a transparent data flow, avoiding budget losses. This also establishes a fair competition level between individual households and legitimate enterprises.
However, according to Mr. Huy, this will also lead to the fear of traditional business households. Many long-time businesses, especially in rural areas, are used to manual recording or cash collection and payment. Having to use cash registers and directors makes them more afraid, feel more controlled, and lead to psychological reactions. Many people still think that paying contract tax is "easy to breathe", now that it must be transparent, they are worried about the tax burden increasing.
Mr. Nguyen Quang Huy also expressed concern about the fact that the revenue of 1 billion VND is the policy threshold, however, to determine how to determine if the business household is doing business seasonally, unevenly, or has many business locations. According to Mr. Huy, this could lead to cases of intentional division of revenue and division of business households to avoid the taxable threshold.
