According to the provisions of Decree 68/2026/ND-CP, business households that are required to prepare inventory statements, machinery, and equipment need to send 1 copy to the tax authority for direct management by electronic method along with tax declaration documents for the first quarter of 2026.
Usually, application deadline:
- No later than April 20, 2026 for monthly tax declarations;
- No later than April 30, 2026 for quarterly tax declarations.
However, because the time on April 30 coincides with the extended holiday until the end of May 4, based on the provisions of Circular 80/2021/TT-BTC and the 2015 Civil Code, the deadline for submitting applications is moved to the next working day, i.e. May 4, 2026.
This is an important milestone that business households need to pay special attention to when performing tax declaration obligations in the first year of transition to a new management mechanism.
Inventory statements are the basis for determining deductible expenses when calculating taxes
According to regulations, business households subject to application must determine the value of inventory, machinery, and equipment as of December 31, 2025 to serve as a basis for determining deductible expenses when calculating personal income tax in 2026.
Regulations applicable to:
Business households with revenue of 3 billion VND or more in 2025; or business households choosing to pay tax according to the income tax calculation method multiplied by the tax rate from 2026.
The list is made according to the Ministry of Finance's form, kept at business households and sent to tax authorities electronically to serve tax management work.
The tax authority receives the list but does not confirm the origin of the goods. Business households must be responsible for the truthfulness and accuracy of the declared information.
Taxable revenue is not just real sales revenue
Also according to Decree 68/2026/ND-CP, revenue to determine personal income tax of business households is determined as the entire revenue arising from business activities, regardless of whether money has been collected or not.
In addition to sales and service provision, revenue also includes:
- Sales bonuses;
- sales and promotional support;
- Payment discount;
- Contract compensation;
- Support in cash or in kind.
Meanwhile, commercial discounts, discounts on goods sold and returned goods are not included in taxable revenue.
Some specific fields are regulated with separate revenue determination methods such as processing activities, installment sales, agents at the right price receiving commissions, asset leasing, transportation or construction to ensure correct determination of the nature of taxable income.
The addition of the obligation to make inventory statements and detailed regulations on determining revenue shows that management agencies are strengthening the standardization of tax declaration data for business households from 2026.
These regulations not only serve tax management but also create a foundation for transparency of business operations, limiting budget revenue loss and gradually bringing business households to access financial management methods according to business standards.
