Economy flourishes, budget revenue is 5% higher than the same period last year

16/19 revenue, tax is quite good

General Department of Taxation said, domestic revenue was estimated at 374,581 billion VND, equaling 32.7% of the estimate, up 3.8% over the same period in 2021. Revenue from crude oil was estimated at 14,739 billion VND, equaling 52.3% compared to the same period in 2021. with the estimate, up 67.6% over the same period.

Compared with the estimate of 16/19 revenues, the tax rate is quite good (over 25%), of which some large revenues such as: State-owned enterprises (SOEs) are estimated at 27.5%; enterprises (enterprises) with foreign investment capital are estimated at 30%; the industry, commerce and non-state services are estimated at 34%; personal income tax (PIT) is estimated at 43.3%; environmental protection tax (EPA) is estimated at 25.9%; registration fee collection is estimated at 30.3%; fee collection is estimated at 27.3%; land use fee collection is estimated at 38%…

Compared with the same period, there were 11/19 revenues, the tax with the growth rate is: Personal income tax is estimated to increase by 20.6%; environmental protection tax is estimated to increase by 7.1%; registration fee is estimated to increase by 5.1%; fees – fees are estimated to increase by 4.2%; land rental is estimated to increase by 26.9%; land use levy is estimated to increase by 21%.

According to the General Department of Taxation, revenue The first quarter of 2022 achieved good progress in the implementation of the estimate and increased over the same period due to the continued control of the epidemic situation across the country and the recovery of production and business activities. The supportive policies of the Government have been working well, enterprises have accelerated their production and business activities. The number of newly established enterprises and returned to operation in the first quarter of 2022 increased by 36.7% over the same period last year (on average, 20,000 enterprises were newly established and returned to operation a month); total registered capital into the economy increased by 21%, of which additional registered capital of operating enterprises increased by 34.5%.

The service sector in the first quarter of 2022 prospered when many service activities were active again. Contribution of a number of market service industries with a large proportion to the increase in total value added in the first quarter of this year such as: Financial, banking and insurance activities increased by 9.75% over the same period last year. ; transportation, warehousing increased by 7.06%; wholesale and retail increased by 2.98%.

In addition to businesses promoting production and business activities and making great contributions to the budget, the above results are achieved because the tax industry has synchronously implemented management solutions.

As of March 14, 2022, the whole tax industry has stepped up inspection and examination; the total amount proposed to be handled through inspection and examination is VND 4,255 billion. In which, the total amount of increased tax collected through inspection and examination is VND 1,050.2 billion; deduction of 237.8 billion dong; loss reduction is 2,967.1 billion dong.

In the first 3 months of 2022, the whole tax industry has collected VND 7,250 billion of tax debt. Tax authorities at all levels have handled tax arrears, canceled late payment debts that are no longer able to pay the state budget according to Resolution 94/2019/QH14, estimated at 150 billion VND.

Accelerating the application and electronicization of the tax industry

Following the Government’s direction in Resolution 01 and the action plan of the Ministry of Finance, the General Department of Taxation continued to implement solutions to reform tax administrative procedures; implementing information technology projects on schedule; continue to maintain, deploy tax, pay tax, refund tax electronically; deploying electronic invoices (e-invoices).

As a result, in terms of electronic tax declaration for businesses, the electronic tax declaration system has been deployed in 63/63 provinces and cities and 100% of Tax Departments affiliated to them. In 2022, as of March 19, 2022, there were 854,606 businesses using electronic tax declaration services, reaching the rate of 99.86%.

Regarding electronic tax payment for businesses, as of March 18, there were 847,246 enterprises registered to use the service with tax authorities, reaching 99.0%.

Regarding the implementation of electronic tax declaration service for individuals: The General Department of Taxation has completed the implementation of electronic tax declarations for property leasing activities (including house rental activities) at 63 Tax Departments. and affiliated Tax Departments. As of March 18, 2022, there were 549,516 registered accounts.

Regarding electronic tax payment for individuals: The General Department of Taxation has connected with 8 commercial banks (VietcomBank, VietinBank, AgriBank, MBBank, VPBank, BIDV, TPBank, SHB) to provide electronic tax payment services. for individuals. Accordingly, individuals can use electronic forms of tax payment through payment channels of banks such as internet banking, mobile banking.

Notably, the General Department of Taxation has just announced an e-commerce portal for foreign suppliers to register for tax, declare tax, and pay tax into the State budget of Vietnam. pay taxes through the e-commerce portal for foreign suppliers.

About deploying Electronic Tax application for mobile devices (eTax Mobile 1.0). Up to now, there have been 16,636 taxpayers using the eTax Mobile application, 20,740 people have registered for an account via the application (App), the number of tax payment transactions via the App is 7,600 transactions with a total amount of nearly 13.8 billion copper.

Regarding the implementation of e-invoices, the tax sector is applying e-invoices in 6 provinces and cities including: Hanoi, Ho Chi Minh City, Hai Phong, Quang Ninh, Binh Dinh, and Phu Tho. By the end of March 20, 2022, there were 437,453 enterprises registered and used e-invoices according to regulations.

Continuing to implement the second phase of e-invoice, the tax authority has a detailed plan to apply e-invoice in the remaining 57 provinces and cities. At the same time, it is urgent to implement specific tasks such as: Deploying IT technical infrastructure for nationwide expansion from April 2022.

Director General of the General Department of Taxation Cao Anh Tuan emphasized that the first quarter’s budget revenue achieved relatively positive results. However, the units need to continue to carefully review and grasp each revenue source, detailed tax for each month, each region, and tax in order to closely forecast the situation, the revenue situation, and then advise the strategy. budget management project accordingly.

In particular, in the context that from April 1, 2022, the environmental protection tax for gasoline, diesel, fuel oil and lubricants will be reduced by 50% and by 70% for kerosene products, which will reduce the budget revenue in the world. 20,000 billion dong.

Regarding debt management, leaders of the General Department of Taxation noted: Tax authorities at all levels need to actively analyze the causes of each tax debt and the nature of debt in localities so that the General Department can have solutions to handle and collect tax debts. effective tax debt recovery. In addition, the Debt Management Department needs to make the most of available information technology applications, accelerate the progress of debt settlement, and proactively propose solutions for timely resolution. In addition, it is necessary to organize a preliminary assessment of the situation and results of the implementation of debt freezing and debt cancellation in accordance with Resolution 94 of the National Assembly.

Director General Cao Anh Tuan also requested that the Tax Departments urgently complete the remaining audits from 2021 to move to and carry out the inspection according to the approved 2022 plan, and at the same time organize organize the implementation of inspection and inspection according to the topic of VAT refund for enterprises with high tax risks.

Regarding the implementation of the phase 2 e-invoice project nationwide, the tax sector’s leaders emphasized this is an important task of the whole industry in the second quarter of 2022. To prepare for the official implementation of the announcement ceremony for the application of e-invoices. It is expected that by mid-April 2022, units are requested to urgently speed up the implementation of urgent tasks to be performed at the General Department of Taxation and Tax Departments (the remaining 57 departments are in phase 2 of this project). ) according to the schedule and time specified.

In the coming time, the tax authority will urgently speed up the implementation of the cash register project and the lottery issuance scheme according to the invoice code to encourage consumers to get the invoice when buying and selling goods. Thereby contributing to helping the tax industry fulfill its assigned tasks, “said the leader of the General Department of Taxation.

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