Thursday, 4/6/2026

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tax exemption

Millions of household businesses to benefit from higher tax exemption threshold

Millions of household businesses to benefit from higher tax exemption threshold

Raising the tax exemption revenue threshold to VND 1 billion per year is helping many household businesses ease financial pressure, giving them more resources to maintain operations and reinvest in their businesses.

New tax policy for household businesses rolled out urgently

Vietnam's Tax Department has instructed tax authorities nationwide to swiftly publicize and implement Decree No.141, aiming to safeguard taxpayers' interests and support business activity.
Raising tax exemption threshold to 1 billion VND

The taxable revenue threshold for business households and individuals is raised from VND 500 million to VND 1 billion per year, effective from January 1, 2026, reducing reduce cost burdens on households and businesses, and support the economy in overcoming current challenges and advancing toward two-digit growth targets.