The Ministry of Finance proposes regulations on tax declaration, calculation, deduction, payment, and use of electronic invoices for household businesses and individual business owners.
Principles for declaring, calculating taxes, and using invoices.
Regarding value-added tax and personal income tax:
According to the draft, in cases where business households and individual business owners determine their annual revenue from the production and sale of goods and services to be 500 million VND or less, they must notify the tax authorities of their actual revenue generated during the year no later than January 31st of each year.
In cases where a household business or individual business determines that its annual revenue from the production and sale of goods and services exceeds 500 million VND, the household business or individual business shall determine the amount of value-added tax and personal income tax payable in accordance with the provisions of the value-added tax and personal income tax laws as stipulated in Articles 3, 4, 5, and 6 of this Decree.
In cases where household businesses and individual business owners use electronic invoices, or electronic invoices generated from cash registers connected to the tax authority's data system, the Tax Management Information System will automatically generate tax declarations to support household businesses and individual business owners in declaring value-added tax and personal income tax, and calculating value-added tax and personal income tax based on electronic invoice data, tax management data, and other data sources obtained by the tax authority from other state agencies, organizations, and individuals.
In cases where electronic invoices are not used, household businesses and individual business owners must determine the amount of tax payable themselves according to regulations.
For other taxes and other charges:
According to the draft, business households and individual business owners will determine the amount of taxes and other fees payable in accordance with tax laws and other relevant laws.
Household businesses and individual business owners who temporarily suspend business operations:
The draft clearly states that for business households subject to business registration with the business registration authority, the procedure for temporarily suspending business operations shall be carried out in accordance with the provisions of Government Decree No. 168/2025/ND-CP on enterprise registration.
For household businesses and individual business owners who are not required to register their business with the business registration authority, they must send a written notification to the tax authority directly managing them, as prescribed by tax management law, to update their status to "temporarily suspended business".
During periods of temporary suspension of operations, household businesses and individual business owners are not required to file tax returns, except in cases where the suspension is for less than a full month if filing monthly, or for less than a full quarter if filing quarterly.
Tax filing deadlines and where to submit tax returns.
The deadline for tax payment is the last day of the tax return filing deadline. In the case of filing an amended tax return, the tax payment deadline is the same as the tax return filing deadline for the tax period in which the error occurred.
Household businesses and individual business owners submit tax declarations electronically or in person (in cases where electronic submission is not possible) to the tax authority directly managing the area where the household business or individual business conducts its production and business activities.
Household businesses and individual business owners with multiple business locations (stores) operating in the same province or city, or in different provinces or cities, must file a consolidated tax return for all business locations in a single tax return to be submitted to the tax authority directly managing the main business location (identified as the location listed on the business registration certificate).
Household businesses and individual business owners must declare a list of their business locations (address, store name, phone number) to the tax authority directly managing their main business location (identified as the location listed on the business registration certificate).
Household businesses and individual business owners pay taxes for each business location. The tax authority's information technology system automatically assists in allocating a percentage of revenue from each business location to the total revenue to determine the tax payable for each location.
Use electronic invoices
According to the draft, business households and individual businesses with annual revenue of VND 1 billion or more must use electronic invoices with tax authority codes, and electronic invoices generated from cash registers connected to the tax authority's data system as stipulated in Clause 8, Article 1 of Government Decree No. 70/2025/ND-CP dated March 20, 2025.
In cases where a household business or individual business has multiple business locations, the tax identification number of the household business or individual business must be used for all locations, and the address of each business location must be clearly stated on the invoice.
Household businesses and individual businesses with annual revenue of over 500 million VND and under 1 billion VND are not required to use electronic invoices with tax authority codes or electronic invoices generated from cash registers connected to the tax authority. If they meet the conditions regarding information technology infrastructure and have a need to use electronic invoices, the tax authority encourages and supports household businesses and individual businesses to register to use electronic invoices with tax authority codes or electronic invoices generated from cash registers connected to the tax authority. If household businesses and individual businesses do not register to use electronic invoices but have a need to use electronic invoices, they must declare and pay taxes before being issued electronic invoices with tax authority codes by the tax authority for each transaction of selling goods or providing services. (1)
The procedures for registering to use electronic invoices, and the registration form for using electronic invoices, shall be implemented according to the guidelines of the Ministry of Finance.
Household businesses and individual businesses subject to value-added tax must pay personal income tax (2)
Value-added tax declaration and payment: Household businesses and individual businesses subject to value-added tax shall declare and pay value-added tax monthly or quarterly in accordance with the provisions of tax management law.
Filing and paying personal income tax:
Household businesses and individual business owners subject to personal income tax based on taxable revenue multiplied by the tax rate shall declare and pay personal income tax quarterly, concurrently with the declaration and payment of value-added tax.
Household businesses and individual business owners subject to personal income tax based on taxable income (revenue – expenses) multiplied by the tax rate must pay their annual personal income tax no later than January 31 of the following year.
Newly established household businesses and individual business owners
Household businesses and individual businesses that start production and business activities until they have revenue of 500 million VND must declare taxes no later than the 30th of the first month of the next quarter. Subsequent declarations shall be made according to the regulations in (2) above.
Household businesses and individual businesses that commence production and business activities in the last six months of the year must declare their actual revenue for the year no later than January 31 of the following year.
In cases where the subject is liable to pay tax, the following year shall be implemented according to the provisions in (2) above.
Household businesses and individual businesses that start production and business activities shall use electronic invoices as prescribed in point (1) above.
Tax declaration and tax deduction for business activities on e-commerce platforms and digital platforms by household businesses and individual businesses.
The managing entity of an e-commerce trading platform or digital platform with online ordering and payment functions is responsible for deducting and remitting taxes on behalf of the buyer for each transaction providing goods and services, as stipulated in Government Decree No. 117/2025/ND-CP dated June 9, 2025.
Households and individuals residing in Vietnam who conduct business on e-commerce platforms with online ordering functionality but without payment functionality are responsible for self-declaring and paying taxes in accordance with the provisions of Government Decree No. 117/2025/NDCP dated June 9, 2025.
Please read the full draft and provide your feedback here./.
Source: https://baochinhphu.vn/de-xuat-moi-nhat-ve-thue-doi-voi-ho-kinh-doanh-ca-nhan-kinh-doanh-102251214134422851.htm
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