Clause 8, Article 3 of the Draft Decree stipulates the principles for declaring, calculating taxes and using electronic invoices of business households and individuals with different revenue thresholds.
In particular, business households and individuals with annual revenue of VND 1 billion or more must apply electronic invoices with codes of tax authorities, electronic invoices generated from cash registers with data connection with tax authorities according to the provisions of Clause 8, Article 1 of Decree 70/2025/ND-CP dated March 20, 2025 of the Government.
Determining revenue from issuing sales invoices by region
As the owner of a hair salon on Trung Kinh Street (Hanoi), Mr. Nguyen Huy Chuyen said that the draft Decree stipulates that business households with a revenue of over 1 billion VND/year must use electronic invoices that need to be placed in the context of costs and characteristics of each area.
According to Mr. Chuyen, the revenue threshold of 1 billion VND/year can be large in rural areas - where land and labor costs are low, however, in large cities, this figure when divided by an average of less than 100 million VND/month for all business lines - a level that does not accurately reflect actual profits.
"In the city, the cost of renting premises, labor, and raw materials is high. Revenue may be large but actual profits are much lower than doing business in rural areas" - Mr. Chuyen said.
Especially in the field of beauty, different cost structures. Mr. Chuyen frankly shared: " dien and water bills can be compared between areas, but the cost of renting premises and labor in the inner city of big cities is significantly higher. In addition, the use of cosmetics and high-end hair care products makes each bill valuable but the profit margin is not corresponding because the capital spent is not small".
From the above reality, Mr. Chuyen proposed that a common revenue threshold should not be applied rigidly, but should be separated into rural - urban areas, or different revenue levels should be built to make tax management more harmonious.
"It is necessary to deduct all expenses to ensure the business household's life, then consider management sanctions. If the revenue is high but the profit is small but still have to bear additional compliance costs, it will be very difficult for small businesses" - Mr. Chuyen expressed.
Costs increase costs, business households find it difficult to stay strong
Similarly, Ms. Hoang Ngan - a clothing rental trader at Nha Xanh market (Hanoi) shared: " Tomorrow I will go buy sales books and import-export books. Every day, I can declare and issue electronic invoices; near Tet, the market may be more crowded, but the profit is not much to consider hiring more people".
With the same wish, Ms. T.T - the owner of a grocery store in Ho Chi Minh City that has used sales software for many years said that her family's business model is in group 3 with a revenue of more than 3 billion VND/year. Every day, Ms. T's shop sells about 200 orders with a revenue of 13-15 million VND, a profit of about 30-35 million VND per month.
However, when listing the current costs of operating the store, Ms. T and her husband could not guarantee their lives.
"A month, I have to spend more than 300,000 VND on software, about 6 million VND on electronic invoices, hire an accountant for 3 million VND, and 7-8 million VND on taxes. Other expenses such as social insurance, digital signature fees, and electricity bills are about 20 million VND. My wife and I worked from 6am to 10am late at night and only got 10-15 million VND. While I have to raise 2 children to go to school, my father is in the hospital all year round" - Ms. T sadly shared.
Ms. T once thought about quitting her business to work for hire, but there was no one to help her take her children to school and take her father care of at the hospital every day.
Looking at reality, Ms. T said that the delivery distributor has issued goods according to the tax code, so the tax authority can monitor revenue from there.
Ms. T hopes that the requirement to issue electronic invoices should apply to delivery businesses. For retailers who directly track on sales software, they are not required to issue electronic invoices to reduce costs.
