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lump sum tax
News updates related to lump sum tax
Minister Nguyen Van Thang 'clears' tax policy for business households
At the question-and-answer session with the Minister of Finance on financial issues on the morning of June 19, issues related to tax management, including electronic invoices, lump-sum taxes, tax incentives, etc., were among the issues that received special attention from delegates and many questions were asked.
Economy
Big change of business households from June
From June 1, 2025, new regulations on taxes and electronic invoices will officially take effect, posing many requirements and conversion opportunities for business households, especially those with annual revenue of VND 1 billion or more. This is considered a strategic step in making tax management transparent.
Nghe An officially supports cooking money for preschool students in especially difficult communes.
(Baonghean.vn) - This is the first time the payment has been made in accordance with Resolution No. 25/2019/NQ-HDND dated December 12, 2019 of the Provincial People's Council and Decree No. 105/ND/CP dated September 8, 2020 of the Government.
Tax collection mandate increases tax debt
(Baonghean.vn) - Implementing the Government's policy and the direction of the General Department of Taxation, since October 2016, Nghe An Tax Department has piloted the authorization of tax collection (UNTT) for business individuals paying taxes under the lump sum method. The selected UNTT recipient is the Provincial Post Office. However, the implementation still has many problems.
Tax policy for business individuals
Individual businesses and households can only register their business at a certain location, employ no more than 10 workers, and must pay taxes and fees according to regulations. If they regularly employ 10 or more workers, they must convert to an enterprise form.
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