On December 31, 2025, the Ministry of Finance issued Circular 152/2025/TT-BTC guiding accounting for business households and individual businesses.
Implementing accounting guidance for business households and individuals doing business, Basic Tax No. 1 of Vinh Long province has disseminated to business households and individuals doing business (hereinafter referred to as business households) some key contents of Circular 152/2025/TT-BTC as follows:
Time of application and important changes
- Circular 152/2025/TT-BTC officially takes effect from January 1, 2026.
- Completely replaces previous Circular 88/2021/TT-BTC.
Who is the accountant?
- Business owners and individuals can self-number or hire accounting services.
- In particular, business households can arrange relatives in the family such as: father, mother, wife, husband, children, brother, sister, younger sibling... to be accountants for their business household.
How to store records and documents
- Business households can choose to store it on paper or on electronic devices depending on actual conditions.
- Minimum storage time is 05 years (invoices are implemented according to the provisions of tax law).
Classification of accounting books by subject group
It depends on which business households are subject to use the corresponding types of numbers:
- Group 1 (households not subject to value-added tax (VAT) and personal income tax (PIT):
Just use the Sales Book of goods and services (Form S1a-HKD).
- Group 2 (business households paying VAT and PIT at a rate of % on revenue):
Use the Sales Book for goods and services (S2a-HKD form).
Open the book by industry group with the same tax rate.
- Group 3 (business households paying VAT at a rate of % on revenue and PIT on taxable income): Need to use a set of 04 types of books:
+ Revenue from sales of goods and services (Form S2b-HKD).
+ Detailed book of revenue and expenses (S2c-HKD form).
+ Detailed book of materials, tools, products, goods (S2d-HKD form).
+ Detailed bank statement (Form S2e-HKD).
- Group 4 (business households with activities subject to other types of taxes such as Import-Export Tax, Special Consumption Tax, Natural Resources Tax, Environmental Protection Tax...): Use additional tax obligation tracking books (S3a-HKD form).
Implementing the correct accounting regime is not only complying with the law but also a way for business households to protect their rights, manage business effectively and transparently.
