Transfer money is still the top choice
From June 1, 2025, according to tax regulations, businesses in a number of sectors such as food, retail, and services with high revenue are required to use cryptocurrency computers directly connected to the tax industry data system.
All sales invoices must be recorded and transmitted to the tax authority in real time. In addition, transactions transferred through personal accounts may also have their cash flow controlled, if there are unusual signs to re-determine actual revenue.
In Quang Nam, Lao Dong reporters' records show that the transfer habit is still very popular, while many businesses still do not clearly understand how to apply the new regulations. This creates a mentality of anxiety and fear even though there are no clear signs of opposition.
In Tam Ky City, noodle shops, cafes or grocery stores still have QR codes for customers to pay. A food trader on Hung Vuong Street said: "Since the epidemic, everyone has been used to transfer money. Many people did not bring cash. I'm used to it, now I'm saying no, then... I'm losing customers".
Similarly, Mr. Do Viet Trong, manager of a gas station in Thang Binh district, shared: Many customers who drive service vehicles or companies only use bank transfer money. Every day, we still receive hundreds of code scanning transactions. There are no new instructions so we are still operating as before.
According to the survey, the majority of people still maintain the habit of not using cash, especially young customers, office workers, service drivers, etc.
Specific instructions are needed
While people do not change their payment habits, many businesses are starting to be cautious before the new regulations. They did not publicly protest, but were not ready to implement due to lack of information and concerns about taxes.
Mr. Tran Van Hung - the owner of a coffee shop in Tan Thanh ward (Tam Ky city) said: "I heard that you have to use an cryptocurrency computer and then send the invoices directly to the tax department. But no one has come to the training program. If the tax is calculated based on transferred revenue, it will be very difficult. Because sometimes customers transfer excess money to ask for cash back, not the total income of the restaurant".
Some vendors at Tam Ky market expressed similar concerns: "We sell a few hundred thousand a day. If we catch each bill and use a complicated device, we can't handle it."
In particular, the information that the tax sector can review personal cash flow through transfers to determine tax obligations makes many small business households worried. A trader frankly said: "To be honest, I don't understand the regulations. If the customer transfers money through a personal account, and is accused of having total revenue, then how can it be calculated?
According to the representative of the Tax Department of Region 12, the mandatory use of cryptocurrency computers aims to increase transparency and ensure fairness in tax obligations among business entities. cryptocurrency computers will support people to record invoices quickly, avoid loss of revenue, and help manage revenue close to reality.
In addition, if unusual transactions are detected, the tax sector has the right to coordinate with banks and authorities to review, re-determine revenue, adjust contract tax rates or collect if there are signs of incorrect or incorrect declarations.
The tax authority also affirmed that it will not " make things difficult" for people, especially small business households, and will have a suitable conversion roadmap, along with training and software support for small traders.
