As of the end of October 2021, there have been a total of 139,066 applications to extend the payment of tax and land rent according to regulations. The total amount of tax and land rent has been extended up to VND 80,576 billion.

Total budget revenue in October increased sharply

The General Department of Taxation said that although the state budget collection faced many difficulties due to the impact of the Covid-19 epidemic, however, in order to create favorable conditions for businesses and people to soon access and enjoy supportive policies. With the support of the State, the tax authorities have actively reformed and modernized the collection and payment of the state budget and promoted propaganda to support taxpayers.

As of the end of October 2021, there have been a total of 139,066 applications for extension of tax and land rent payment under Decree 52/2021/ND-CP of the Government. The total amount of tax and land rent has been extended up to VND 80,576 billion.

In addition, the total budget revenue in October 2021 managed by tax authorities is estimated at 121,482 billion VND, equaling 10.9% of the estimate.

The amount of money paid into the state budget in October is higher than that of August and September because the tax has been recovered, about VND 20,000 billion has expired; Some revenue arising quarterly and annually is about VND 46,300 billion…

The General Department of Taxation added that the revenue generated in October is about 55,100 billion VND (August is 54,790 billion VND, September is 50,772 billion VND). In which, personal income tax in October reached 9,442 billion VND, notably personal income tax from real estate transfer in October was about 1,400 billion VND (only 640 billion VND in August, 685 billion VND in September). copper).

Revenue from registration fees in October also had positive changes, reaching VND 3,322 billion, (September is 1,930 billion, August is VND 984 billion). The increase in revenue is due to the fact that after localities eased social distancing, businesses and people gathered a large amount of registration documents.

Particularly for October corporate income tax revenue is estimated at 44,600 billion VND. The reason is that in the third quarter of 2021, businesses focus on submitting the third quarter corporate income tax finalization, many commercial banks have not made enough provision for risk provisions as prescribed in Circular 03. /TT-NHNN;

Many businesses have not yet fully accounted for expenses for epidemic prevention and control activities and supported the vaccine fund when calculating profits to temporarily pay taxes in the first three quarters of the year, resulting in a higher corporate income tax amount than actual production activities business.

According to the General Department of Taxation, to get the above result is because the tax sector has implemented many tax management measures synchronously, of which in the first 10 months of the year, the tax sector has carried out 52,299 inspections. The total amount proposed to be handled through inspection and examination is VND 36,932 billion.

In which, the inspection at the tax office's headquarters was 711,467 records, equaling 136% of the same period; handling adjustment through inspection over 2,000 billion. Tax authorities have checked and checked 269 enterprises with associated transactions, processed adjustments through the bar, and checked over 3,200 billion VND.

In the first 10 months of the year, the tax sector collected outstanding debts estimated at 23,100 billion VND, reaching 76.7% of the assigned debt collection target. Tax authorities at all levels have handled tax debt freeze, written off late payment debts that are no longer able to pay the state budget according to Resolution 94/2019/QH14, estimated at VND 4,925 billion.

In particular, to create favorable conditions for businesses and people to soon access and enjoy the State's support policies. Tax authorities have actively reformed and modernized budget collection and payment and promoted propaganda to support taxpayers.

Concentrate on collecting the tax amount after the extension period

The General Department of Taxation added that, on October 25, 2021, the General Department of Taxation held a ceremony to inaugurate the system of 7 electronic invoice deployment control centers at the General Department of Taxation and 6 Tax Departments with the witness of Monday. Minister of Finance Nguyen Duc Chi and Deputy Minister of Information and Communications Nguyen Huy Dung.

The system of control centers deploying e-invoices at the General Department of Taxation and Tax Departments is arranged with hotlines and support staff during and outside office hours to ensure regular exchange and timely response, removing obstacles in the process of deploying e-invoices.

As for tax collection, in order to complete the task of budget collection in the last two months of the year, the tax agency is expected to have to collect about 140,000 billion VND, an average of at least 70,000 billion VND per month.

"This is a very difficult task in the context that the tax authorities continue to reduce taxes for people and businesses. However, with the determination to strive for the highest completion of the assigned budget collection task, the General Department of the General Department of the General Department of the General Department of the General Department of the Government's General Department of Taxation has determined that the tax authorities will continue to reduce taxes on the tax authorities. Tax has asked tax authorities at all levels to review and capture revenue sources; analyze and assess the epidemic situation and develop a detailed collection scenario for each month, each region, revenue and tax. ; closely follow the revenue collection, assess and forecast the revenue situation, thereby advising the General Department's leaders on appropriate budget collection management plans", the General Department of Taxation informed.

In addition, in the last months of the year, tax authorities at all levels will focus on timely collection of tax amounts after the extension period expires into the State budget; organizing urgent and drastic debt recovery in the last 2 months of the year, striving to reduce debt by about 11,600 billion dong.

At the same time, it is required that the units need to speed up inspection and inspection, and urgently complete the inspection and examination to urge timely revenue into the state budget in 2021, striving to increase revenue by about 9,400 billion VND. through inspection and examination.