According to new regulations on tax policy and tax management for household businesses and individual businesses, from 2026 onwards, tax obligations will be classified based on actual revenue. Government Decree No. 68/2026/ND-CP takes effect from March 5, 2026, and will be amended and supplemented by Decree No. 141/2026/ND-CP.
According to the Tax Department's guidelines, for newly established businesses whose actual annual revenue does not exceed the tax threshold, they must notify the actual revenue generated as prescribed. When cumulative revenue exceeds 1 billion VND, household and individual businesses must file tax returns quarterly starting from the quarter in which the revenue exceeds this threshold.
For households and individual businesses with annual revenue above the prescribed threshold, if the annual revenue is 50 billion VND or less, value-added tax (VAT) declarations are made quarterly; if it is over 50 billion VND, declarations are made monthly. Personal income tax declarations are made using the method corresponding to the taxpayer's case.
According to the 2026 tax filing schedule, the deadline for filing value-added tax and personal income tax returns for the third quarter is normally October 30th; however, since October 31st, 2026 falls on a Saturday, the actual deadline has been moved to the next working day, November 2nd, 2026.
Government Decree No. 245/2026/ND-CP stipulates the extension of the tax payment deadline for 2026 for certain subjects, sectors, and fields. Accordingly, the personal income tax of business households and individual businesses eligible for the extension for the third quarter tax period has a deadline of December 30, 2026.
Therefore, taxpayers need to check if they are eligible for an extension, and should not assume that an extension for tax payment means a postponement of the tax return filing deadline.
The Tax Department reminds business households and individual business owners to fully monitor actual revenue, determine the correct tax declaration method, and use the correct forms as prescribed.
For newly established households and individual businesses, if they have bank accounts or e-wallets related to their production and business activities, they should also be aware of the regulations regarding the notification of account information according to the required documentation and within the specified timeframe.
Source: https://baogialai.com.vn/han-ke-khai-thue-quy-iii-can-ke-ho-moi-kinh-doanh-can-biet-gi-post601003.html
