Uni 08-07-2013 - Guidance of amendment and addition to Law on tax administration

The official letter No. 8355/BTC-TCT:

1.      Quarterly VAT declaration:

Quarterly VAT declaration is applied to tax payers who have total revenue of goods sale and service provision of the previous year less than or equal to 20 billion VND. For tax payers who start to conduct the business and production with monthly VAT declaration, after 12 months, the next calendar year will base on the total revenue of the current year to determine the quarterly VAT declaration or the monthly VAT.

Tax payers who are qualified for quarterly VAT declaration will not have to declare VAT of July 2013, however, they must declare VAT of Quarter III 2013 with deadline of 30 Nov 2013. If taxpayers  are not qualified for quarterly VAT declaration, they must declare VAT of July 2013 with deadline of 20 Aug 2013.  Besides, Tax payers who are qualified for quarterly VAT declaration but they want to declare monthly VAT declaration, they must submit the notification to tax authority in charge  with deadline of 20 Aug 2013.

Quarterly or monthly declaration is fixed for a cycle of a calendar year or a triple years.  The first cycle is determined from 1 July 2013 to 31 December 2016.

2.      Quarterly PIT declaration:

From July 2013, monthly tax declaration, tax payment are applied to monthly total withheld PIT equal to or more than 50 million VDN, except for quarterly VAT declaration ( more details in the official letter)

3.      Tax code registration for dependants:

For dependants arising from 1 July 2013, tax payers must declare the form No. 16/ĐK-TNCN issued together the replacing Circular for Circular 28/2011/TT-BTC.

For dependants arising before 1 July 2013, they continue to family circumstances deductions, tax authority will grant tax codes at the time of tax finalization of 2013.