In the new year of 2023, what points should corporate accountants pay attention to about tax policy? This content will be shared by MVA Accountant – Auditor in the article below.
1. Change the tax return filing schedule, tax payment 2023
Decree 91 of the Government has added a very important content about filing tax returns, tax payment deadlines. As follows:
“In case the last day of the deadline for submitting tax declaration dossiers, the time limit for tax payment, the time limit for tax administration agencies to handle the dossiers, and the validity period of the coercive decision coincides with the prescribed holiday, the date of the decision on enforcement shall be the same as the day off as prescribed. the end of the time limit is counted as the working day immediately following that holiday”.
At that time, some deadlines for filing declarations and tax payment deadlines for next year are as follows:
1.1 VAT declaration; Personal income tax return December 2022
For enterprises that declare and pay tax on a monthly basis, according to the provisions of the current Law on Tax Administration, enterprises shall submit VAT and PIT declarations no later than the 20th day of the month following the month in which tax obligations arise. declaration and payment by month.
However, this year, because the Lunar New Year holiday is from January 20 to 26, 2023, according to Decree 91 above, the deadline for submitting VAT and PIT declarations for the tax period in December 2022 is the working day immediately following the Lunar New Year holiday, ie January 27, 2023 at the latest.
1.2 Payment of provisional corporate income tax for the first quarter of 2023
Also according to the Law on Tax Administration, quarterly, enterprises shall temporarily pay corporate income tax for that quarter no later than the 30th day of the first month of the following quarter.
Due to the holiday schedule of Hung Kings Commemoration, Victory Day 30/4 and International Labor Day 2023 of workers will last for 5 consecutive days, starting from April 29, 2023 to the end of May 3. 2023, so the deadline for paying corporate income tax for the first quarter of 2023 is no later than May 4, 2023 (according to Decree 91).
1.3 VAT declaration, PIT declaration of the first quarter of 2023
Enterprises submit VAT and PIT declarations no later than the last day of the first month of the quarter following the quarter in which the tax liability arises, in the case of quarterly declaration and payment.
Due to the holiday schedule of Hung Kings Commemoration, Victory Day 30/4 and International Labor Day 2023 of workers will last for 5 consecutive days, starting from April 29, 2023 to the end of May 3. 2023, so the deadline for submitting the VAT declaration for the first quarter of 2023, the PIT return for the first quarter of 2023 is May 4, 2023 at the latest.
1.4 Payment of provisional corporate income tax for the second quarter of 2023
Quarterly, enterprises shall temporarily pay corporate income tax of that quarter no later than the 30th of the first month of the following quarter.
In case the last day of the tax payment time limit coincides with a holiday as prescribed, the last day of the time limit is counted as the working day immediately following that holiday.
Because July 30, 2023 is a Sunday that coincides with a weekly holiday, the deadline for paying corporate income tax for the second quarter is July 31, 2023.
1.5 VAT declaration; PIT declaration July 2023
Enterprises submit VAT and PIT declarations no later than the 20th day of the month following the month in which tax obligations arise, in the case of monthly declaration and payment.
In case the last day of the time limit for submitting tax declaration dossiers, the time limit for tax payment, the time limit for tax administration agencies to handle dossiers, and the validity period of the enforcement decision coincides with the prescribed holiday, the last day The end of the period is counted as the working day immediately following that holiday.
Because July 20, 2023 is a Sunday that coincides with a weekly holiday, the deadline for submitting July VAT returns is August 21.
2. VAT on many goods and services returns to the old mark of 10%
One of the financial and monetary policies to support the Socio-economic Recovery and Development Program issued by the Government in early 2022 is to reduce the value-added tax from 10% to 8% for goods. goods and services, excluding groups such as:
– Telecommunications, finance, banking, securities, insurance, real estate business;
– Products, goods and services subject to special consumption tax;
– Information technology…
The application period for this tax reduction policy is from February 1, 2022 to December 31, 2022. Thus, December 31, 2022 is the deadline for goods and services to be reduced VAT to 8%. As of January 1, 2023, these goods and services will return to the old tax rate of 10%.
Accountants in enterprises should pay special attention to this provision in tax policy 2023 to issue VAT invoices accordingly.
3. Changes in tax exemption procedures when removing the household registration book
According to Decree 104 amending and supplementing a number of articles of the Decrees related to the submission and presentation of household registration books and paper temporary residence books when carrying out administrative procedures, a number of tax exemption procedures have also changed since from January 1, 2023.
– For tax exemption procedures with movable property,
With this procedure, from January 1, 2023, the household registration book will be removed from the tax exemption dossier.
Taxpayers only need to submit a copy of one of the following documents:
- Citizen ID Card,
- identity card,
- Certificate of residence information,
- Notice of personal identification number and citizen information in the National Population Database
– For tax exemption procedures for goods purchased, sold and exchanged by border residents
To be exempt from tax, taxpayers can provide information about their personal identification number instead of having to present the original of the border passport or citizen identification card as before.
Above is the share of Accountant – Auditor MVA Vietnam about 03 tax policies in 2023, any questions please email: dungtq.mva@gmail.com
Contact now:
MVA VIETNAM ACCOUNTING AND AUDIT CO., LTD
LK3 – 04, Loc Ninh urban area, TT. Chuc Son, H. Chuong My, City. Hanoi
Email: dungtq.mva@gmail.com
: 024.7109.7766
: 0981.350.666
Website: http://mva.vn
