When business, individuals and businesses will be faced with many different types of taxes such as value added tax, corporate INCOME tax, personal income tax and many other taxes. However, each type of tax has a rule about tax deadlines. To avoid penalties for late submission, businesses and individual business need to understand the tax payment time limit to ensure the proper implementation of term.
With the desire to support and help the businesses and individuals in the process of filing taxes, Lac Viet AccNet have system and compiled the detailed content about tax deadlines through the following article.
1. Tax deadlines for individuals and business
| Object | The deadline for filing tax returns | Tax deadlines |
| And personal business done according to the method declaration | When the declaration by the month, the deadline for payment of tax is deferred by the 20th of the month following the month incurred obligations tax. For example, months 1/2023, the deadline for the declaration as the day 20/02/2023. When declaring quarterly tax deadlines are the last day of the first month of the next quarter adjacent quarter incurred obligations tax. For example, you 1/2023, the deadline for the declaration as the day 30/04/2023 and can extend up to date 02/05/2023 if there are holidays. | The slowest is the last day of the time limit for filing the original tax. If the additional tax records, tax deadlines will be filing deadlines settlement tax year of the tax period has flaws. |
| Black, individual business taxpayer performed according to the method (black stock) | Business personal and business tax filing according to the method of exchange payable before the date 15/12 of the year preceding the tax year. If the new business out of business, conversion methods, tax or changes in industry or scale of business, the deadline for filing tax board đầucủa pussy exchange is slow most the 10th day from the date of start a business or change the method of calculating the tax, industry or business size. | According to deadline, notification and payment of money. With respect to the personal trading activity in the form of black securities and use of invoices due to the tax level, at the latest, the 10th day from the date the revenue is earned. Failure to meet this time will be sanctioned according to the provisions of the law. |
| Personal business pay taxes according to each arising | must be submitted before the 10th day from the date incurred obligations tax. | If the additional tax records, tax deadlines will be filing deadline tax return of the tax period has flaws. |
| Personal property rental directly to a tax return with tax authorities | With respect to personal tax returns in each arising, tax deadlines are the slowest on the 10th day from the commencement date of the lease term of the payment period. For individual tax returns once a year, tax deadlines are the last day of the deadline for filing tax returns original | The slowest is the last day of the filing deadline settlement tax year. If the additional tax records, tax deadlines will be filing deadline tax return of the tax period has flaws. |
| Individuals directly contracted to become lottery dealer, insurance agent, sales agent multi-level or other business activities have the tax deadlines vary according to the form of tax. | If this is your business, lottery numbers, business insurance, or business, sales, multi-level, time limit slowest to pay taxes is the 20th day of the month following the month incurred obligations tax if the tax return by the month, or the last day of the first month of the next quarter adjacent quarter incurred obligations tax if the tax on a quarterly basis. If that tax return from year to year, the deadline for filing tax returns no later than the last day of the first month of the next calendar year. | The slowest is the last day of the filing deadline settlement tax year. If the additional tax records, tax deadlines will be filing deadline tax return of the tax period has flaws. |
| For organizations or individual tax changes, tax changes for individuals of the case, the filing of monthly vat declaration | The deadline for filing tax returns is the 20th day of the month next adjacent month incurred obligations tax changes, tax changes. If tax quarterly filing deadline settlement tax year is the last day of the first month of the next quarter adjacent quarter incurred obligations tax changes, tax changes. If filing a tax return each arose, no later than the 10th day from the commencement date of the lease term of the payment period. For the tax year, the deadline for filing tax returns, initial is the last day of the first month from the end of the calendar year. If you have any questions or additional records, tax returns, tax deadlines will follow the time limit for filing tax returns of the tax period has flaws. | The slowest is the last day of the time limit for filing tax returns. If the additional tax records, tax deadlines will be filing deadlines settlement tax year of the tax period has flaws. |
2. Tax deadlines for businesses and organizations
2.1 the deadline for submission of VAT
a. The deadline for filing VAT
The deadline for filing VAT declaration is specified in Article 44, Law on tax Administration no. 38/2019/QH14 as follows:- For this type of tax declaration according to months, the term of the slowest to filing tax returns is the 20th day of the month following the month incurred obligations tax.
- For taxes in the quarter, the deadline is delayed to filing a tax return is the last day of the first month of the quarter following the quarter incurred obligations tax.
b. The deadline for submission of the VAT
Below is the deadline for submission of VAT as each states tax as prescribed in Article 44, Law on tax Administration no. 38/2019/QH14:| The states tax | The deadline for submission of VAT | For example |
| The deadline for submission of monthly VAT | Later than the 20th day of the month following the month incurred obligations tax | For example, if the obligation for VAT in June 03/2023, the deadline for payment of VAT is the day 20/04/2023. |
| The deadline for submission of quarterly VAT | The slowest is the last day of the first month of the quarter following the quarter incurred obligations tax. | For example, if the obligation for VAT in the second quarter of 2023, the deadline for payment of VAT is the day 31/07/2023. |
| The deadline for submission of VAT according to each arising | No later than the 10th day from the date incurred obligations tax. | For example, if business arises payment to foreign contractors on 15/03/2023, the deadline for payment of VAT to foreign contractors (not arise often) is on 24/03/2023. |
| The deadline for submission of VAT according to the decision of the tax authority | Depends on the deadline indicated on the notice of the tax authority. | For example, if after any settlement tax tax agency decision penalties and arrears of tax, the time limit shall pay taxes according to the decision penalty is usually 10 days from the date the decision is issued. |
| The deadline for submission of the VAT when submitting the record additional tax declaration due to errors | The deadline for submission of the VAT when submitting the record additional tax declaration due to errors depends on the time limit for filing the original tax of the tax period has flaws. | For example, if the current declaration of VAT quarter IV/2022 there are errors in the third quarter of 2023, the deadline for payment of VAT is the deadline for filing the fourth quarter/2022 (i.e. day 31/01/2023). |
2.2 the deadline for submission of corporate INCOME tax
a. Application deadline settlement tax year
The deadline for filing settlement tax year is the last day of the 3rd month after the end of the calendar year or financial year.
b. The deadline for submission of corporate INCOME tax
According to the provisions of Article 55 of the Law on tax administration no. 38/2019/QH14, the deadline for submission of corporate INCOME tax is the last day of the time limit for filing the original tax. With CIT provisional filing quarterly tax deadlines least on day 30 of the first month of the next quarter. For example, if the business has an accounting period from 01/01/2022 to 31/12/2022, the time limit shall pay tax year 2022 is on 31/03/2023. If the business has incurred on corporate INCOME tax, they must pay ahead of time this. If the annual accounting period of the business starting from day 01/04/2022 to date 31/03/2023, then the filing deadline settlement tax year 2022 is on 30/06/2023. If the business has incurred on corporate INCOME tax, they must pay ahead of time this.2.3 the deadline for submission PIT
a. The time limit for temporary filing personal income tax by month/quarter
According to the provisions of the Law on tax administration no. 38/2019/QH14, the term tax return is also the time limit for temporary filing personal income tax according to the month/quarter. For cases filed personal income tax according to months, the time limit for temporary submission is the 20th day of the month following the month incurred obligations tax. For cases filed personal income tax on a quarterly basis, the period of temporary submission is the last day of the first month of the quarter following the quarter incurred obligations tax.b. Accounting period
According to Paragraph 4 of Article 44 of the Law on tax Administration in 2019, accounting period, the tax for income received during the year is the last day of the 3rd month from the end of the calendar year or fiscal year for the record settlement tax year. With record tax year, accounting period is the last day of the first month of the calendar year or financial year. For example, for the year 2022, accounting period, is the day 31/3/2023. For the record PIT finalization of direct personal settlement tax accounting period is the last day of the 4th month from the end of the calendar year. For example, for the year 2022, accounting period, is the day 30/4/2023 (date 30/04 day is a public holiday will be extended as per rules). Note, the tax monthly/quarterly and yearly tax is determined based on income in the month/quarter and the tax year. If during the year the unit does not arise pay income subject to personal income tax for any individual, the unit doesn't have to declare and pay tax settlement PIT. If overpaid, or not enough to pay taxes and can request a tax refund, will be complete. However, if not n2.4 tax deadlines for some special cases
- For crude oil, the deadline for submission of tax resources and corporate INCOME tax according to the first sale of crude oil is 35 days from the date of sale for crude oil, domestic or from the date of customs clearance of goods under the provisions of the law on customs duties for crude oil exports.
- For natural gas, tax deadlines, resources, and CIT is by month.
- For other payments under the state budget from the land, for the right to exploit water resources, mineral resources, registration fee, the fee in this, the deadline for submission is prescribed by The government.
- With respect to exports and imports, which are subject to tax under the provisions of the tax legislation, tax deadlines be made according to provisions of the Law on export Tax, import tax. In case of the amount of tax payable after customs or clearance, commodity, tax deadlines will be made according to specific rules. For the complement and pay the amount of tax as the tax payment time limit is, according to the tax payment time limit of customs declarations original. For goods to analysis, evaluation to determine the exact amount of tax payable, goods not yet have the official price at the time of registration of the customs declaration, commodity whose account the payment, goods had the following adjustments to the customs value has not yet been verified at the time of registration of the customs declaration, tax payment time limit is done according to the regulations of The minister of Finance.
- Automatically set the declaration in form latest
- Automatically aggregate the data up the declaration and tax reporting and filing, electronic tax directly to the tax authorities from the software.
- In addition, the software also provides various other advantages such as automatic tax deduction and automatic accounting adjust the VAT when making a declaration.
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