More than 139,000 businesses and individuals have tax payment deadlines extended
By the end of November 2021, the total number of applications for extension the tax office has received is 139,190. Source: Internet |
To support people and businesses to overcome the difficulties of the pandemic and accelerate economic recovery, the Government issued Decree No. 52/2021/ND-CP on the implementation of tax extension and land rent in 2021. Accordingly, extending the payable value added tax from March to August 2021, value added tax in the first and second quarters of 2021, corporate income tax which is temporarily paid in the first quarter and second quarter of 2021, land rent extension for the first period of 2021 for affected businesses; extension of value added tax and personal income tax in 2021 for business households and individuals in industries and fields facing difficulties due to the impact of the Covid-19 pandemic.
It is estimated that by the end of November 2021, the total number of applications for extension the tax office has received is 139,190, including 119,708 businesses and organizations and 19,482 business households and individuals. The total amount of tax and land rent to be extended is VND92,825 billion.
According to the General Department of Taxation, this has removed difficulties for businesses in terms of capital to promote production and business activities and generate revenue for the state budget.
According to the General Department of Taxation, the whole tax sector would closely monitor and urge to collect the correct and sufficient amount of the extended tax following Decree No. 52/2021/ND-CP when the extension period expires, avoid arising tax debt and late payment interest, which increases financial difficulties for enterprises.
At the same time, continuing to implement the exemption and reduction of taxes, fees, charges and land rents for businesses and people following the Resolutions and Decrees of the Government and the National Assembly in order to remove and provide timely support for businesses and people. Recovering and promoting production and business, thereby contributing to a sustainable increase in revenue for the state budget.
Related News
Five key northern local customs departments signed an emulation agreement
15:13 | 22/04/2024 Customs
The General Department of Vietnam Customs strives to promote import and export growth
10:37 | 22/04/2024 Customs
The Tax sector’s revenue collection reached 33% of current appropriation
10:50 | 15/04/2024 Finance
The Customs sector collected more than VND 88 trillion in revenue in the first quarter of 2024
10:33 | 07/04/2024 Customs
Latest News
Corporate bond maturity in 2024 remains high: MoF
13:51 | 23/04/2024 Finance
Support clearance procedures for imported gold for bidding
09:33 | 23/04/2024 Finance
The exchange rate will gradually cool down from the end of the second quarter of 2024, while interest rates will remain low
09:32 | 23/04/2024 Finance
Majority of credit institutions forecast profit growth in 2024
15:16 | 22/04/2024 Finance
More News
Central bank plans to auction gold bars on April 22
18:00 | 21/04/2024 Finance
Old loans must endure higher interest rates temporarily: central bank
15:44 | 19/04/2024 Finance
State-owned enterprises flourished
14:15 | 19/04/2024 Finance
Forum discusses support for women-owned firms to join supply chains
17:41 | 18/04/2024 Finance
Ensure savings and prevent losses in disbursement of public investment
10:24 | 18/04/2024 Finance
Implementing unprecedented fiscal policies to actively support people and businesses
16:25 | 17/04/2024 Finance
Foreign investors net sell in Vietnamese market, banking sector attracts interest
16:13 | 17/04/2024 Finance
Banks record positive business indicators in Q1 2024
14:20 | 16/04/2024 Finance
The finance sector focuses on perfecting institutions, ensuring financial discipline, and budgetary rigor
10:00 | 16/04/2024 Finance
Your care
Corporate bond maturity in 2024 remains high: MoF
13:51 | 23/04/2024 Finance
Support clearance procedures for imported gold for bidding
09:33 | 23/04/2024 Finance
The exchange rate will gradually cool down from the end of the second quarter of 2024, while interest rates will remain low
09:32 | 23/04/2024 Finance
Majority of credit institutions forecast profit growth in 2024
15:16 | 22/04/2024 Finance
Central bank plans to auction gold bars on April 22
18:00 | 21/04/2024 Finance