Contract tax declaration procedures
Small business household struggles to make ends meet, selling a bowl of noodles for only 2,000 VND
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Many business households in An Phong ward (Hai Phong) said that their revenue exceeded 200 million VND/year but the real interest was very thin.
Conditions for business households not to have to settle taxes according to the declaration method
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In case a business individual pays tax according to the declaration method, the tax does not have to be settled according to regulations.
Time when business households are required to issue invoices for goods and services
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Business households are required to issue invoices when selling goods and providing services. The time of issuing invoices is clearly regulated for each transaction, ensuring transparency.
Business households with revenue of 200 million VND, paying 9 million VND in taxes is too much
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According to calculations by business households and tax consultants, the revenue of 200 million VND and tax payment of 4.5%, equivalent to 9 million VND, is too much.
How to calculate tax for business households with revenue of over 3 billion VND/year after eliminating contract tax
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Business households with a revenue of over VND3 billion/year will implement similar tax management measures for micro and medium-sized enterprises.
Selling 16-17 bowls of noodles a day has paid 4.5% tax, small businesses are "difficult to survive"
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By selling only about 16-17 bowls of noodles per day, small businesses have exceeded the revenue threshold of 200 million VND/year, paying a tax of 4.5% on revenue.
Selling 15 bowls of pho per day is exceeding the taxable revenue threshold of 200 million VND/year
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Many business households said that the revenue of 200 million VND/year is no longer suitable when costs increase sharply, causing them to still exceed the taxable threshold even though the profit is very low.
How to calculate tax for business households with revenue from 200 million to less than 3 billion VND/year
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Below is information on tax policies for business households with revenue from VND 200 million to less than VND 2 billion/year after paying contract tax.
Eliminate the mentality of fearing converting to a business model of business households
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Resolution No. 68-NQ/TW (Resolution 68) has set out many important policies, creating motivation to encourage business households to switch to the enterprise model.
Details of 8 steps to convert from a contract business household to a tax declaration business household
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Below are details of the 8-step process of converting from a contract business household to a tax declaration business household.
Business households face difficulties in declaring input and inventory invoices, the Tax Department guides handling
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Business households are confused in explaining input invoices and converting the method to tax declaration.
8 tax notes for business households when eliminating contract tax, switching to tax declaration
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The tax authority recommends that businesses pay attention to 8 things when eliminating contract tax and switching to tax declaration.
In case a business household establishes a list, it is not mandatory to issue input invoices
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The Tax Authority guides cases where business households are allowed to make statements, not requiring input invoices.
Classify business households into 4 groups according to revenue scale to apply tax policy
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According to the draft Decree on tax management for business households, business households will be classified into 4 groups according to the revenue scale to apply tax policies.
Eliminate contract tax, how to calculate tax for business households with revenue of over 3 billion VND
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From January 1, 2026, households and individuals doing business will officially eliminate contract tax, switch to self-declaration and tax payment according to new regulations.
