Dak Nong enterprises are exempted and reduced taxes of more than 110 billion VND

Support from tax policy

In 2023, many tax support policies for businesses will begin to be applied. One of the policies that businesses have enthusiastically welcomed is the regulation on environmental protection tax according to Resolution 30/2022/UBTVQH (Resolution 30). According to this Resolution, taxes on gasoline, oil, grease, and lubricants will be reduced.

Ms. Nguyen My Lan, Accountant of Binh Nguyen Company Limited (Cu Jut) said that during this time, the price of raw materials has increased, making it very difficult for businesses to cope. Therefore, when receiving the new tax policy, the unit was very happy.

img_2428(1).jpg — Gasoline is a tax-free commodity from the first months of 2023.

“We feel very encouraged and motivated. Businesses have more time to arrange finances, rebalance input sources, and handle outstanding debts to achieve better growth,” said Ms. Lan.

Also eligible for tax exemption and reduction under Resolution 30, Ms. Doan Thi Bich Lien, Accountant of Huan Lien Trading Company Limited (Dak R'lap) shared: "With the reduced tax amount, we can use it for business and pay salaries to employees. This is a solution to maintain production, without having to borrow and pay interest."

According to Ms. Lien, after being informed and supported by tax officials, the company submitted a tax exemption application via the electronic system. All procedures for tax exemption and reduction of the enterprise were resolved very quickly by the tax authority. The enterprise hopes that in the coming time, the State will continue to have many other tax exemption, reduction and incentive policies for small and medium enterprises. This is the basis to further motivate enterprises to stand firm in the face of complex fluctuations of the economy .

In addition to the environmental protection tax policy, the Prime Minister 's Decision 01/QD-TTg on reducing land rent by 30% in 2022 has also been welcomed by businesses. Units operating in this field believe that the policy is implemented very promptly, especially in the current difficult economic period.

According to the Provincial Tax Department, the implementation of tax exemption and reduction policies at this time helps businesses reduce pressure in production and business. In 2023 alone, the Dak Nong Tax Department has exempted and reduced more than 110 billion VND for businesses eligible for benefits.

Get involved in time

Budget collection in the first months of 2023 is very difficult. However, the Tax sector never neglects implementing policies for businesses.

Immediately after the tax exemption and reduction policy was issued, the Provincial Tax Department immediately took action to implement it. The tax authority directed specialized departments and regional tax branches to actively implement it. The team of tax officials in charge of the project increased propaganda and promptly disseminated the content to businesses.

img_4320(1).jpg — Tax officials handle exemption and reduction procedures for businesses electronically.

Many forms of propaganda are promoted such as: dissemination via Zalo, email. Updating related regulations, instructions for tax payment extension on the industry's website are also promoted. Through these forms, businesses know and implement policies more promptly.

During the policy implementation process, businesses facing difficulties can discuss with tax officials. Difficulties and problems are resolved quickly, without causing inconvenience to businesses.

According to the provincial Tax Department, the implementation of tax exemption and reduction policies has had a “double” effect in the context of high commodity costs as at present. On the one hand, the policy helps reduce the cost of goods and services, promoting production and business. On the other hand, the policy contributes to controlling inflation and ensuring social security.

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