Abolish contract tax
Revenue threshold for tax exemption for business households
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Business households with revenue below 500 million VND/year are exempt from value-added tax and personal income tax.
Business households are required to notify all bank accounts and e-wallets to the Tax authority
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Decree 68/2026/ND-CP stipulates that business households must publicize all non-cash payment channels related to production and business activities.
Business households pay attention to 5 "close" new points in Decree 68/2026/ND-CP
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Decree 68/2026/ND-CP requires business households to switch from fixed tax to self-declaration, publicizing all bank accounts and e-wallets to transparentize cash flow.
Tax Department issues urgent telegram on Decree 68 on business household tax
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On March 5, the Tax Department just issued an official dispatch to implement Decree 68/2026/ND-CP on tax policies and tax management for business households.
Real estate lease is allowed to deduct a maximum of 500 million VND before tax calculation
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Decree 68/2026/ND-CP stipulates that individuals leasing real estate are entitled to a maximum deduction of 500 million VND per year before calculating personal income tax.
Do business households with revenue below 500 million VND/year apply electronic invoices?
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Business households with revenue from 1 billion VND/year must use electronic invoices with codes from tax authorities or from data-connected cash registers.
Tax authorities point out a series of errors that make business households vulnerable to 80 million VND fines
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Local tax authorities in 6 provinces of Khanh Hoa warned of many common errors of business households, with some cases being fined up to 80 million VND.
From today, business households are not allowed to use personal accounts to receive money from sales
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From March 1, 2026, the bank account of the business household must be in accordance with the registered name.
What should business households pay attention to regarding revenue and tax deductions according to Notice 85?
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The tax calculation method for household businesses in many industries and locations in 2026 has new guidance, helping taxpayers optimize their financial obligations.
How do household businesses selling goods on social networks from 2026 declare and pay taxes?
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The way online business households pay taxes has completely changed. If they do not clearly understand the new regulations, sellers can easily fall into the vortex of legal violations.
True revenue but incorrect declaration time, business households face tax risks
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Declaring sufficient revenue but recording the wrong time of origin, business households may still be penalized and incur additional tax obligations.
Business households face fines of up to 5 million VND for not cooperating with tax inspection
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For delays in providing documents, avoiding working with inspection teams, business households may be fined from 3–5 million VND according to current regulations.
Business households may be fined up to 7 million VND for not updating tax information
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Changing address, occupation or household owner information but not updating it to the tax authority, business households may be fined from 1–7 million VND.
Understanding taxes correctly: Business households should pay taxes based on revenue or profit
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Business households with revenue from 500 million to under 3 billion VND should pay taxes according to actual revenue or profit.
Business households and enterprises are exempt from actual inspection according to plan 12/KH-BCA
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Which businesses and business households will be exempted from actual inspection in 2026 according to the latest plan of the Ministry of Public Security?
