Which entities are subject to xoilac tv trực tiếp bóng đá hôm nay on house rental in Vietnam in 2024? How to calculate house rental xoilac tv trực tiếp bóng đá hôm nay in 2024?
Which entities are subject to xoilac tv trực tiếp bóng đá hôm nay on house rental in Vietnam in2024?
Based on Point c, Clause 1, Article 9 ofCircular 40/2021/TT-BTCamended by Clause 3, Article 1 ofCircular 100/2021/TT-BTC, the xoilac tv trực tiếp bóng đá hôm nay calculation method for individuals renting out assets is stipulated as follows:
xoilac tv trực tiếp bóng đá hôm nay Calculation Method for Certain Specific Cases
- Individuals renting out assets
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c) Individuals who only have rental activities and the rental period does not cover the whole year. If rental revenue does not exceed 100 million VND/year, they are not subject to VAT and personal income xoilac tv trực tiếp bóng đá hôm nay (PIT). If the lessee pays rental fees in advance for multiple years, the revenue to determine whether the individual is required to pay xoilac tv trực tiếp bóng đá hôm nay is the revenue paid as a lump sum allocated annually.
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Additionally, Article 4 ofCircular 40/2021/TT-BTCspecifically stipulates as follows:
xoilac tv trực tiếp bóng đá hôm nay Calculation Principles
- The principles for calculating xoilac tv trực tiếp bóng đá hôm nay for households and individual businesses are implemented according to current xoilac tv trực tiếp bóng đá hôm nay laws regarding VAT, PIT, and other related legal documents.
- Households and individual businesses with revenue from production and business activities in a calendar year not exceeding 100 million VND are not required to pay VAT and PIT according to xoilac tv trực tiếp bóng đá hôm nay law regulations. They must truthfully, accurately, and fully declare their taxes and submit xoilac tv trực tiếp bóng đá hôm nay dossiers on time; they are responsible before the law for the accuracy, truthfulness, and completeness of their xoilac tv trực tiếp bóng đá hôm nay dossiers.
- For households and individuals doing business as a group or family, the revenue threshold of 100 million VND/year to identify individuals who are not required to pay VAT and PIT is determined for the sole representative of the group or family in the xoilac tv trực tiếp bóng đá hôm nay year.
According to current law, individual businesses with revenue from production and business activities in a calendar year under 100 million VND do not have to pay VAT and PIT. Similarly, individuals renting out assets (including house rentals) with rental revenue not exceeding 100 million VND/year are also not required to pay VAT and PIT.
However, individuals renting out assets (house rental xoilac tv trực tiếp bóng đá hôm nay) with rental revenue exceeding 100 million VND/year must fulfill their xoilac tv trực tiếp bóng đá hôm nay obligations. In this case, individuals must accurately and fully declare taxes, submit xoilac tv trực tiếp bóng đá hôm nay dossiers on time, and take legal responsibility for related xoilac tv trực tiếp bóng đá hôm nay obligations.
Thus, the house rental xoilac tv trực tiếp bóng đá hôm nay 2024 applies to individuals renting out houses with revenue from rental activities exceeding 100 million VND/year.
Which entities are subject to xoilac tv trực tiếp bóng đá hôm nay on house rental in Vietnam in 2024?How to calculate house rental xoilac tv trực tiếp bóng đá hôm nay in 2024?(Image from the Internet)
How to calculate PIT on house rental in Vietnamin 2024?
The PIT payable when renting out houses is calculated using the following formula:
| PIT = Taxable Revenue x PIT Rate |
Where
- The xoilac tv trực tiếp bóng đá hôm nay rate (or PIT rate) applicable to individual businesses is as follows:
- Based on Clause 4, Article 2 ofLaw Amending Various xoilac tv trực tiếp bóng đá hôm nay Laws 2014and Appendix I issued withCircular No. 40/2021/TT-BTC
| No. | List of Industries | xoilac tv trực tiếp bóng đá hôm nay Rate (%) |
|---|---|---|
| 1 | Distribution, supply of goods | 0.5% |
| 2 | Services, construction not including materials Specifically for: |
2% |
| - Asset rental including: + Renting houses, land, stores, workshops, warehouses excluding accommodation services; + Renting vehicles, machinery, equipment without operators; + Renting other assets without services; |
5% | |
| - Lottery agency, insurance agency, multi-level sales; - Compensation for breach of contract, other compensations. |
5% | |
| 3 | Production, transportation, services involving goods, construction including materials | 1.5% |
| 4 | Other business activities | 1% |
What are the penalties for failing to pay or late payment of xoilac tv trực tiếp bóng đá hôm nay in Vietnam?
According to Article 13 ofDecree 125/2020/ND-CPon penalties for violations regarding the xoilac tv trực tiếp bóng đá hôm nay declaration deadlines:
- A warning for submitting xoilac tv trực tiếp bóng đá hôm nay dossiers late from 1 day to 5 days with mitigating circumstances.
- A fine from 2,000,000 VND to 5,000,000 VND for submitting xoilac tv trực tiếp bóng đá hôm nay dossiers late from 1 day to 30 days, except for cases specified in Clause 1 of this Article.
- A fine from 5,000,000 VND to 8,000,000 VND for submitting xoilac tv trực tiếp bóng đá hôm nay dossiers late from 31 to 60 days.
- A fine from 8,000,000 VND to 15,000,000 VND for one of the following acts:
+ Submitting xoilac tv trực tiếp bóng đá hôm nay dossiers late from 61 to 90 days;
+ Submitting xoilac tv trực tiếp bóng đá hôm nay dossiers late from 91 days onward but no payable xoilac tv trực tiếp bóng đá hôm nay arises;
+ Not submitting xoilac tv trực tiếp bóng đá hôm nay dossiers but no payable xoilac tv trực tiếp bóng đá hôm nay arises;
+ Not submitting attachments as required for xoilac tv trực tiếp bóng đá hôm nay management for enterprises with related transactions along with the corporate income xoilac tv trực tiếp bóng đá hôm nay finalization dossier.
- A fine from 15,000,000 VND to 25,000,000 VND for submitting xoilac tv trực tiếp bóng đá hôm nay dossiers late over 90 days from the deadline, where payable xoilac tv trực tiếp bóng đá hôm nay arises, and the taxpayer has fully paid the xoilac tv trực tiếp bóng đá hôm nay and late payment fees to the state budget before the xoilac tv trực tiếp bóng đá hôm nay authority announces the xoilac tv trực tiếp bóng đá hôm nay inspection, audit decision, or before the xoilac tv trực tiếp bóng đá hôm nay authority makes a record of the delay in submitting the xoilac tv trực tiếp bóng đá hôm nay dossier as provided in Clause 11, Article 143 of the xoilac tv trực tiếp bóng đá hôm nay Administration Law.
Note:The above penalties apply to organizations. The penalty for individuals will be half of the organization's penalty.
