CIRCULAR NO. 50/2026/TT-BTC UPDATING REGULATIONS ON TAX MANAGEMENT FOR HOUSEHOLD BUSINESSES
On May 13, 2026, the Ministry of Finance issued Circular No. 50/2026/TT-BTC amending and supplementing certain articles of Circular No. 18/2026/TT-BTC in order to perfect the regulations on tax management for household businesses (“HBs”) and individual businesses (“IBs”).
Below is a summary of the important changes:
1. Official replacement of 04 important declaration forms and detailed lists
One of the notable contents of the Circular is the standardization and replacement of several tax declaration forms to align with the new tax management method for HBs and IBs.
2. Extension of the deadline for Bank Account/E-wallet Notification for small household businesses
This is an important change aimed at creating more favorable conditions for small household businesses to fulfill their tax obligations:
- Target subjects: Active HBs and IBs with an annual revenue of 1 billion VND or less, that have not yet submitted their Q1/2026 tax declaration dossiers or have not yet sent the Notification of bank account number/e-wallet ID (Form No. 01/BK-STK) under the old regulations.
- Professional requirement: Must send the Notification of bank account number/e-wallet ID using Form No. 01/BK-STK (form issued attached to Circular No. 18/2026/TT-BTC).
- Final deadline: No later than July 31, 2026.
3. Regulations on Finalization Declarations and Tax Refunds
- Purpose: This declaration is intended for HBs/IBs paying PIT under the method of taxable income multiplied by tax rate.
- Tax refund dossier: Form No. 02/CNKD-TNCN-QTT (Under Circular No. 50/2026/TT-BTC).
