Increase in personal relief and dependent relief

GUIDANCE ON EXTENSION OF CIT & VAT PAYMENT DEADLINE UNDER DECREE 41/2020

On 8 April 2020, the Government issued Decree No. 41/2020/ND-CP (Decree 41) on extending the payment deadlines for tax and land rental.
On 9 April 2020, the Government issued Resolution 42/2020/NQ-CP (Resolution 42) on number of resolutions for people affected by Covid-19 pandemic.
These are the Government policies to remove difficulties for enterprises and individuals affected by Covid-19.

On 26 March 2020, the Ministry of Finance proposed to the Government in its draft submission No. 3540/TTrBTC regarding issuance of a Decree on deadline extension for tax payments and and rental fee in order to remove difficulties for production and business entities, and to support the market as a result of Covid-19 impacts.

► Reminder around the deadline for submission of the 2019 CIT finalization
► Official Letter No. 385/TCT-CS dated 3 February 2020
► Official Letter No. 1726 / CT-TTHT dated 21 January 2020
► Official Letter 98065 / CT-TTHT dated 31 December 2019