How to issue tax reduction invoices for business households

How to issue tax-reduced invoices for business households. Graphics: Duc Manh

Youme Law Firm LLC replied:

According to Clause 3, Article 1 of Decree 72/2024/ND-CP, for business households and business individuals calculating value added tax according to the percentage method on revenue with reduced value added tax according to Decree 72, issue tax reduction invoices as follows:

- In the "total amount" column, write the full amount of goods and services before the discount.

- In the line "total amount of goods and services" write the number that has been reduced by 20% of the percentage of revenue.

Note: “Reduced... (amount) by 20% of the rate % for calculating value added tax according to Resolution No. 142/2024/QH15”.

Clause 1, Clause 2, Article 2 of Decree 209/2013/ND-CP stipulates that value added tax payers include:

- Organizations and individuals producing and trading goods and services subject to value added tax and organizations and individuals importing goods subject to value added tax.

- Organizations and individuals producing and doing business in Vietnam purchase services (including cases of purchasing services attached to goods) from foreign organizations that do not have a permanent establishment in Vietnam;

For individuals living abroad who are not residents in Vietnam, the organization or individual purchasing the service is the taxpayer, except for cases where it is not required to declare and pay value added tax as prescribed in Point b, Clause 3, Article 2 of Decree 209/2013/ND-CP.

Source: https://laodong.vn/kinh-doanh/cach-xuat-hoa-don-giam-thue-cho-ho-kinh-doanh-1381516.ldo