Uni 19-11-2013 - Guidance on VAT-CIT of shift meals and housing for employees

According to official letter No.3802/TCT-CS:

·         Enterprises paying tax under the deduction method and producing, trading the VAT- liable goods and services will declare, deduct input VAT and include deductible expenses for payments of foods, electricity, water expense and other expense used for shift meal cooking or buy shift proportions for employees if:

-        Server for employees in the working shifts.

-        The payments are stated in labor contracts

-        Have full invoices, vouchers as regulations of Law.

·         The purchased goods, services to form fixed assets being free housing in the production and business will be declared and deducted input VAT. The depreciation of housing,                     electricity, water charge using for housing will be included deductible expense