Expanding online tax declaration service for individuals

VCN – The online tax declaration service for individual taxpayers is operating smoothly
expanding online tax declaration service for individuals
The tax sector will continue to implement the online tax payment and registration fee for cars and motorbikes in Hanoi and Ho Chi Minh City in the first quarter of 2020.

According to the latest statistics of General Department of Taxation, as of November 2019, there were 61,000 individual accounts registering to use online transactions with tax authorities. This result has marked initial success in the online tax declaration service as well as attests to the response of people to the online public services provided by tax authorities.

Before, at the time of declaration, the house lenders must go to Tax Department where the house for rent is located to submit the application, or send it by post, then they have to go to the bank, or the treasury in order to pay taxes which took a lot of time and cost.

With the application of online tax declaration, individuals who have houses for rent can declare tax anywhere and anytime without spending lots of time, cost of travelling and waiting time. The tax declaration is implemented easily on desktops, tablets, and even on mobile phones. As a result, the number of accounts and declarations increased steadily over time.

From November 2019, the tax sector will continue to implement the online tax declaration and tax payment for individuals who run businesses, individuals running businesses as lottery agents, multi-level sales insurance and individuals who earned income from salaries and wages. This is a tax solution that tax sector provided for online public services at level 3-4.

For the tax sector, the electronic applications have created a lot of savings in management costs and resources, contributed to modernizing tax collection management, minimizing direct contact between tax officials and taxpayers, avoiding negative impacts. Besides that, the implementation of online public services has contributed to the overall cost savings of the whole society through making use of information technology systems, infrastructure, available resources of banks, companies providing electronic payment solutions.

According to the plan, the tax sector will continue to implement the online tax payment and registration fee for cars and motorbikes in Hanoi and Ho Chi Minh City in the first quarter of 2020. For tax procedures of other revenues, the tax sector will continue to implement them in the future.

By Thùy Linh/Thanh Thuy

Related News

HCM City set an objective of 100% of e-invoices from cash registers

HCM City set an objective of 100% of e-invoices from cash registers

VCN - The People's Committee of Ho Chi Minh City issued a document directing affiliated departments, branches and localities to focus on implementing solutions to ensure 100% of e-invoices initialized from cash registers in 2023 for groups of taxpayers subject to implementation.
Time for tax settlement for 2022

Time for tax settlement for 2022

VCN - The tax sector has prepared technology infrastructure and enhanced online support to help taxpayers conveniently fulfill their obligations to the State budget.
Hanoi: Determine to launch effectively e-invoice initialized from cash register

Hanoi: Determine to launch effectively e-invoice initialized from cash register

VCN - Hanoi Tax Department strengthens guidance and supports and urges taxpayers in the group to deploy electronic invoices (e-invoice) created from cash registers connected to tax authorities.
E-commerce: How to collect enough taxes?

E-commerce: How to collect enough taxes?

VCN - The explosive development of e-commerce over the past time has opened up opportunities for economic growth and recovery but also brought many challenges for businesses and managers.

Latest News

Corporate bonds worth 1.1 billion USD issued in March

Corporate bonds worth 1.1 billion USD issued in March

The corporate bond market is showing signs of recovery with a notable increase in both the number of issuers and the value of issued bonds in March.
Tax revenue is estimated at VND 426,922 billion in the first quarter

Tax revenue is estimated at VND 426,922 billion in the first quarter

VCN - In the first three months of the year, state budget revenue managed by the tax agency was estimated at VND426,922 billion, equaling 31.1% of the ordinance estimate and 104.6% over the same period. Domestic revenue is estimated at VND411,418 billion, equaling 30.9% of the estimate, up 5.3% over the same period in 2022.
Nearly 400 complaints about insurance distribution through banks on Ministry of Finance hotline

Nearly 400 complaints about insurance distribution through banks on Ministry of Finance hotline

VCN - A representative of the Ministry of Finance said that the Ministry had organized a specialized inspection team on insurance distribution through banks for four insurance companies. The team is finalizing inspection conclusions.
Central bank starts huge credit package for social housing projects

Central bank starts huge credit package for social housing projects

Developers of social housing projects buyers of this kind of houses are entitled to benefit from a credit package worth 120 trillion VND (5.1 billion USD) which was started by the State Bank of Vietnam (SBV) earlier this month.

More News

In Q1, State revenue estimated to rise by 1.3%

In Q1, State revenue estimated to rise by 1.3%

VCN - Total state budget expenditure in the first quarter of 2023 is estimated at VND363.4 trillion, equaling 17.5% of the yearly estimate and rising by 7.2% year-on-year.
Consider raising the level of penalties to ensure fairness and transparency in the stock market

Consider raising the level of penalties to ensure fairness and transparency in the stock market

VCN - Mr Pham Hong Son, Vice Chairman of the State Securities Commission, discussed solutions to improve the capacity, improve fairness and transparency of the stock market.
Central bank cuts policy interest rates to spur growth

Central bank cuts policy interest rates to spur growth

The State Bank of Vietnam (SBV) announced it would reduce several policy interest rates from April 3, the second cut within one month, the regulator announced on its website March 31 night.
Ensure policies to attract investment when implementing global minimum tax

Ensure policies to attract investment when implementing global minimum tax

VCN - On the afternoon of March 30, in Hanoi, the Ministry of Finance held a regular press conference in the first quarter of 2023, chaired by Deputy Minister of Finance Nguyen Duc Chi. Many issues related to the tax field were discussed and answered at the conference.
SBV asks to issue revised decree on foreign ownership cap at Vietnamese banks

SBV asks to issue revised decree on foreign ownership cap at Vietnamese banks

The State Bank of Vietnam (SBV) has suggested the Government to issue a revised decree on foreign investors buying shares from Vietnamese credit institutions.
Solutions to attract FDI when implementing the global minimum CIT

Solutions to attract FDI when implementing the global minimum CIT

VCN - On March 29, the Vietnam International Arbitration Center (VIAC) and the Center for International Integration, the Ho Chi Minh City Institute for Development Studies, jointly held a seminar on Global Minimum Corporate Tax – outlook and challenges in attracting foreign investment (FDI) in Ho Chi Minh City.
Effective implementation of tax incentives as driving force for growth in trade turnover between Vietnam and Cuba

Effective implementation of tax incentives as driving force for growth in trade turnover between Vietnam and Cuba

VCN – The promulgation of Vietnam's Decree on Vietnam's special preferential import tariff to implement the Vietnam-Cuba Trade Agreement for 2022-2027 creates a stable and open legal framework, facilitates import and export activities, brings expected great benefits to the business community of the two sides, promote two-way trade turnover and develop Vietnam-Cuba trade relations.
Being many "hot" issues at the general meeting of shareholders of banks

Being many "hot" issues at the general meeting of shareholders of banks

VCN - International Commercial Joint Stock Bank (VIB) will be the first bank to hold a general meeting of shareholders this week, and then April will be the "peak" for banks to deploy.
Bringing the policies on reducing land rent and water surface rent into life

Bringing the policies on reducing land rent and water surface rent into life

VCN - The tax sector is drastically implementing dissemination and support to make the policy of reducing land rent and water surface rent in 2022 fully effective.
Read More

Your care

The system has not recorded your reading habits.

Please Login/Register so that the system can provide articles according to your reading needs.

Latest Most read
Corporate bonds worth 1.1 billion USD issued in March

Corporate bonds worth 1.1 billion USD issued in March

The corporate bond market is showing signs of recovery with a notable increase in both the number of issuers and the value of issued bonds in March.
Tax revenue is estimated at VND 426,922 billion in the first quarter

Tax revenue is estimated at VND 426,922 billion in the first quarter

VCN - In the first three months of the year, state budget revenue managed by the tax agency was estimated at VND426,922 billion, equaling 31.1% of the ordinance estimate and 104.6% over the same period. Domestic revenue is estimated at VND411,418 billion,
Nearly 400 complaints about insurance distribution through banks on Ministry of Finance hotline

Nearly 400 complaints about insurance distribution through banks on Ministry of Finance hotline

VCN - A representative of the Ministry of Finance said that the Ministry had organized a specialized inspection team on insurance distribution through banks for four insurance companies. The team is finalizing inspection conclusions.
Central bank starts huge credit package for social housing projects

Central bank starts huge credit package for social housing projects

Developers of social housing projects buyers of this kind of houses are entitled to benefit from a credit package worth 120 trillion VND (5.1 billion USD) which was started by the State Bank of Vietnam (SBV) earlier this month.
In Q1, State revenue estimated to rise by 1.3%

In Q1, State revenue estimated to rise by 1.3%

VCN - Total state budget expenditure in the first quarter of 2023 is estimated at VND363.4 trillion, equaling 17.5% of the yearly estimate and rising by 7.2% year-on-year.
Mobile Version