According to the latest proposal in the Draft Decree guiding the 2025 Law on Tax Administration (updated on April 17, 2026), business households and individual businesses with tax payable from 50,000 VND or less may be eligible for tax exemption from July 1, 2026.
Based on Article 32 of the Draft Decree guiding the Law on Tax Administration 2025, the cases of tax exemption according to point b, clause 1, Article 19 of the Law on Tax Administration include:
- Personal income tax exemption for individuals with tax amounts incurred and payable annually after personal income tax finalization from salaries and wages on tax finalization dossiers from 50,000 VND or less;
- Tax exemption for business households and individual businesses with tax payable on tax declaration dossiers and tax finalization dossiers from 50,000 VND or less, except for the provisions in point a of this clause;
- Non-agricultural land use tax exemption for households and individuals subject to non-agricultural land use tax with annual tax payable from 50,000 VND or less.
Reference from the 2025 Tax Administration Law
Referring to point b, clause 1, Article 19 of the 2025 Law on Tax Administration, effective from July 1, 2026, the law stipulates:
- Non-agricultural land use tax exemption for households and individuals with annual tax payables according to the Government's regulations;
- Personal income tax exemption for individuals with tax amounts arising to be paid after finalization of personal income tax from annual salaries, wages and other types of taxes according to the Government's regulations.
3 new contents added to the draft
According to the Submission of the Draft Decree guiding the implementation of the Law on Tax Administration, the new supplementary content of the regulations on cases of tax exemption, tax reduction, non-collection of tax, and non-taxable in Article 32 includes:
- Tax exemption, tax reduction, no tax collection, no tax payment for exported goods, imported goods;
- Tax exemption and reduction according to regulations in Resolutions of the National Assembly, Decisions of the Prime Minister;
- Tax exemption for business households and individual businesses with tax payable from 50,000 VND or less.
Thus, if this Draft is approved, from July 1, 2026, business households and individual businesses with tax money to be paid on tax declaration dossiers and tax finalization dossiers from 50,000 VND or less will be eligible for tax exemption according to new regulations.
