The base tax of 5 provinces in Nghe An recently issued some notes for business households that have submitted declaration 01/CNKD for the first quarter of 2026 but determined revenue in 2026 from 1 billion VND or less.
Previously, on April 29, 2026, the Government issued Decree 141/2026/ND-CP amending Decree 68/2026/ND-CP regulating tax policies for business households and individual businesses and Decree 320/2025/ND-CP.
Notably, Article 1 of Decree 141/2026/ND-CP stipulates raising the taxable revenue of business households from 500 million VND to 1 billion VND.
In case revenue is definitely below 1 billion VND
According to the guidance, if business households are sure that their annual revenue is below 1 billion VND and want to cancel the submitted declaration, they should send a written request to cancel declaration 01/CNKD to the tax authority.
The tax authority notes that it does not encourage business households to adjust revenue to 0. The reason is that in essence, this is still considered to be tax-obligated for over 1 billion VND but quarterly revenue is 0.
At that time, in the following quarters, the tax authority can still continue to remind them to submit declaration 01/CNKD. At the same time, at the end of the year, if business households continue to send revenue notice template 01/TKN, a situation of overlapping declaration obligations may arise.
In addition, business households still have to carry out bookkeeping according to form S1a with revenue recorded daily and send a notice of bank account number or e-wallet to the tax authority.
Can continue to declare to track revenue
In cases where revenue for the whole year is not certain to be below 1 billion VND, business households have 2 options.
One is to continue to carry out quarterly declarations. At the end of the year, if total revenue is less than 1 billion VND, it is possible to carry out procedures for compensation, refund or compensation cum budget revenue for excess tax paid according to Article 12 of Decree 68/2026/ND-CP.
Two is to send a notice of cancellation of the tax return to the tax authority and not to declare the following quarters. However, if revenue generates over 1 billion VND in the year, it is necessary to declare the total accumulated revenue and pay the full amount of tax as prescribed.
According to the tax authority, business households can choose to cancel or not cancel the declaration to continue monitoring revenue. This is not required by the tax authority according to a fixed plan.
Large revenue but still canceling declarations may encounter risks
The base tax of 5 provinces in Nghe An also noted cases where actual revenue is large but still requests to cancel the declaration, there may be a risk of being administratively sanctioned because the revenue commitment for the whole year is less than 1 billion VND to cancel the tax return that has been paid.
According to notes from the tax authorities, there are cases where business households have large revenue but separate households, share warehouses or transfer non-transparent cash flow, so committing revenue of less than 1 billion VND to cancel declarations may entail risks.
Meanwhile, business households operating normally but not accurately determining full-year revenue can still carry out accumulated declarations when revenue generates more than 1 billion VND.
