VINA BOOKKEEPING would like to send readers the MONTHLY NEWSLETTER IN MARCH 2024 (VIETNAMESE AND ENGLISH)
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Monthly newsletter in December 2023
VINA BOOKKEEPING would like to send readers the MONTHLY NEWSLETTER IN DECEMBER 2023 (VIETNAMESE AND ENGLISH) Details of attachments are here
Official Dispatch No. 5816/CTHPH-TTHT dated November 3, 2023 of the Hai Phong City Tax Department guiding the determination of deductible expenses for employees in the period before the issuance of work permit
Hai Phong City Tax Department provides guidelines in principle as follows:
In case the Company hires foreign workers to perform jobs in Vietnam, in cases where a work permit is required but has not been granted a work permit by a competent authority in Vietnam in accordance with the Labor Code, the expenses paid by the Company to the employee before the time the work permit is issued and before the time the two parties sign the labor contract will not be included in the deductible expenses when determining CIT income.
Official Dispatch No. 27712/SLĐTBXH-VL-ATLĐ dated December 4, 2023 of the Department of Labor, War Invalids and Social Affairs of Ho Chi Minh City on the implementation of reports on the use of foreign workers before January 5, 2024
The Department of Labor, War Invalids and Social Affairs requests the units to make reports on the employment of foreign workers in accordance with the provisions of Article 6 of the Government’s Decree No. 152/2020/ND-CP dated December 30, 2020 and Point a, Clause 12, Article 1 of the Government’s Decree No. 70/2023/ND-CP dated September 18, 2023, specifically as follows:
Resolution No. 110/2023/QH15 dated November 29, 2023 of the National Assembly promulgated in the 6th session of the 15th National Assembly
Accordingly, the National Assembly officially approved the extension of the 2% value-added tax reduction until June 30, 2024, specifically:
A reduction of 2% of the value-added tax rate for groups of goods and services specified at Point a, Section 1.1, Clause 1, Article 3 of the National Assembly’s Resolution No. 43/2022/QH15 on fiscal and monetary policies to support the socio-economic recovery and development program from January 1, 2024 to June 30, 2024.
Official Dispatch No. 86321/CTHN-TTHT dated December 7, 2023 of the Hanoi Tax Department guiding the additional declaration of VAT declaration documents for omitted input invoices
In case the Company detects that the input invoice is omitted, leading to the tax declaration dossier submitted to the tax authority with errors and omissions, the Company shall supplement the tax declaration dossier of the period with errors as prescribed in Article 47 of the Law on Tax Administration No. 38/2019/QH14.
Official Dispatch No. 5250/TCT-DNNCN dated November 24, 2023 of the General Department of Taxation Guiding for converting income from NET salary to calculate personal income tax
Accordingly, the General Department of Taxation responded to the Tax Department of Hanoi city based on Official Dispatch No. 2037/BTC-TCT dated February 16, 2017 of the Ministry of Finance. In cases where foreign workers sign a labor contract with the Company, they receive income that does not include personal income tax and are paid by the company on behalf of health insurance, house rent, and personal income tax when determining income as a basis. regulations are:
Official Dispatch No. 25985/SLDTBXH-VLATLD dated November 17, 2023 of the Department of Labor, War Invalids and Social Affairs of the HCM City Implement employer reports before December 5, 2023
To implement Article 4 of Decree No. 145/2020/ND-CP, the Department of Labor, War Invalids and Social Affairs requests the Department of Labor, War Invalids and Social Affairs of Thu Duc city and districts, and the Board of Management. Management of the City’s Export Processing and Industrial Zones, Management Board of the City High-Tech Park, Management Board of the City High-Tech Agricultural Park to inform and guide agencies, organizations and businesses (referred to as Agencies) in the area carry out the content of reporting on labor use as follows:
Official Dispatch No. 5125/CTBNI-TTHT dated November 7, 2023 of the Tax Department of Bac Ninh Province Guiding on handling violations for making invoices at the wrong time
Accordingly, the Tax Department guides:
1. For invoicing when selling goods or providing services:
In case the Company provides waste transportation and treatment services to customers, the time of invoicing for service provision is the time of completion of the service provision, regardless of whether payment has been collected or not yet received. In case the service provider collects money before or while providing the service, the time of invoice is the time of collection as prescribed in Clause 2, Article 9 of Decree 123/2020/ND-CP dated October 19 /2020 of the Government
Official Dispatch No. 79873/CTHN-TTHT dated November 13, 2023 of the Hanoi City Tax Department Guiding on using electronic invoices for export activities
In case the Company falls under the provisions of Clause 6, Article 86 of Circular No. 38/2015/TT-BTC of the Ministry of Finance, declaring and paying value added tax according to the deduction method, has goods and services. exports (including facilities processing export goods) when exporting goods and services using electronic value-added invoices.
Decision No. 8108/QD-TLD dated October 16, 2023 of the Vietnam General Confederation of Labor Guiding on the distribution of union dues
Accordingly, the Vietnam General Confederation of Labor regulates the use of union dues collected for trade union levels as follows:
– Grassroots trade unions are allowed to use 70% of union dues collected. (10% increase compared to previous regulations)
– Superior trade unions are allowed to use 30% of union dues collected.
Official Dispatch No. 4890/TCT-KK dated November 2, 2023 of the General Department of Taxation Time of export invoice issuance
Accordingly, the time of issuing electronic invoices for exported goods for business establishments that declare and pay tax according to the deduction method (including establishments processing exported goods) is implemented according to the provisions at point 1. c Clause 3 Article 13 of Decree No. 123/2020/ND-CP:
