The Tax Department said that according to current regulations in Decree No. 141/2026/ND-CP of the Government, individuals with real estate (RE) leasing activities with total revenue of 1 billion VND/year or less are not subject to value-added tax (VAT) and are not subject to personal income tax (PIT) for this activity.
Although no tax payment obligation arises, but regarding the obligation to declare according to the self-declaration and self-payment method from January 1, 2026, individuals leasing real estate still have to carry out procedures such as: Notifying revenue from real estate leasing activities in the year; notifying the number of account/electronic wallet used for business.
According to the guidance of the Tax Department, individuals can choose to notify revenue once or twice a year.
In case of one-time revenue notification for one tax year. The deadline for revenue notification is no later than January 31 of the solar year following the tax year.
In case of notifying revenue twice in a tax year. The deadline for the first revenue notification is no later than July 31 of the tax year and the deadline for the second revenue notification is no later than January 31 of the solar year following the tax year.
When implementing revenue notification from real estate leasing activities, individuals use Form No. 01/BĐS issued together with Circular No. 50/2026/TT-BTC dated May 13, 2026 of the Ministry of Finance.
For cases where individuals have two or more leased real estates, when implementing revenue notification, it is necessary to prepare an Appendix to the detailed list of real estate according to Form No. 01/BK-BĐS (issued together with Circular No. 18/2026/TT-BTC dated March 5, 2026 of the Ministry of Finance) to fully declare information on each real estate in which leasing activities arise.
Revenue notification is made entirely electronically on the eTax Mobile application or through the Tax Administrative Procedure Information System: dichvucong. gdt. gov. vn.
In case individuals are subject to special circumstances, including elderly people, people with disabilities, people under social protection, people residing in areas with particularly difficult socio-economic conditions or falling into other force majeure cases, who cannot conduct electronic transactions, they must submit dossiers directly or send dossiers through postal services to the Commune-level Public Administrative Service Center.
The Tax Department also said that in case individuals have many real estate for lease in the same province, city or other provinces and cities, they can choose 01 tax authority where the real estate is leased to carry out revenue notification.
For notification of bank accounts or e-wallets, this information is declared immediately on Form No. 01/BĐS (issued together with Circular No. 50/2026/TT-BTC). Taxpayers only need to declare once if they have not previously sent information to the tax authority or the information has not been shown in the real estate lease contract.
The deadline for notifying the account number/electronic wallet is implemented corresponding to the above-mentioned revenue notification deadline.
