Tax guidance details for households and individual businesses with annual revenue from 500 million to 1 billion VND under Decree 141/2026/NĐ-CP

Following the issuance of Decree 141/2026/ND-CP on April 29, 2026, changes to tax obligations for households and individual business entities have been announced. Under the new guidance, households and individual businesses with annual revenue from 500 million to 1 billion dong are not subject to tax and are not required to declare taxes quarterly.

Quarterly filing threshold and reporting for lower-revenue cases

Quarterly tax filing applies only to households and individual businesses with annual revenue over 1 billion dong. For cases with revenue under 1 billion dong and not subject to tax, the obligation is to report revenue periodically (annually or twice in the first year of operation) using form 01/TKN-CNKD as specified in Circular 18/2026/TT-BTC.

Provincial tax authorities’ case-by-case guidance

The Tax Authority of eight provinces in Bac Ninh has provided guidance by scenario:

Case 1: Not yet filed the Q1/2026 tax declaration

• For households and individual businesses that have not filed the Q1/2026 declaration, they should notify the tax authority of their bank account number and monitor revenue in their accounting records.
• If by the end of 2026 revenue does not exceed 1 billion dong, the business owner must submit a revenue notification using the form no later than January 31, 2027.
• For new businesses started in 2026, revenue notification is required twice: for the first six months (by July 31, 2026) and for the six months ending the year (by January 31, 2027).
• If actual annual revenue in 2026 exceeds 1 billion dong compared with the projection, the business must file a declaration for the quarter in which the threshold is surpassed and pay taxes into the state budget as required.

Case 2: Filing the declaration completes related steps

• In this case, filing the declaration is treated as completing the bank account notification, revenue declaration, and determination of tax payable.
• The recommended approach is to temporarily not pay and await further guidance from the tax authorities. If concerns arise about late payment, the business can adjust revenue to 0 to remove tax obligations, while still keeping the bank account appendix without re-filing.
• The Tax Authority also notes that canceling the declaration online is not currently supported; if done, it would require a paper dossier and manual processing, which is not recommended.

Case 3: Similar handling with reconciliation of already-paid amounts

• For this case, handling is similar to the above, while also reconciling any money already paid into the budget.
• If by the end of 2026 revenue does not exceed 1 billion dong, taxpayers should apply for a tax refund.
• If the projected revenue exceeds 1 billion dong, amounts already paid will be offset against tax obligations arising in later periods; if there is a shortfall, additional payments should be made.

Impact and compliance guidance

The Tax Authority advises households and individual businesses not to rush to process a tax refund yet because 2026 revenue is described as volatile and there is not enough basis to determine tax obligations. The authority also states that it has not yet established grounds to process refunds at this time. Taxpayers are therefore advised to continue monitoring actual revenue and await official guidance to comply with regulations and avoid tax risks.