Business households and individuals will be able to make electronic tax payments from next year.
Mr. Nguyen Dai Tri, Deputy General Director of the General Department of Taxation, told the Vietnam E-Payment Forum 2015 (VEPF 2015), held by the State Bank of Vietnam and Vnexpresss e-newspaper on December 16, that the Department is to introduce electronic tax payments for business households and individuals and also for payments of registration fees for motorcycles, motor cars, and real estate, etc.
Business households and individuals account for a large proportion of the taxpayer base and introducing electronic tax payments for them is a major task for the Department.
Payments will be able to be made electronically during a pilot period via the Bankplus service, payment cards, or internet banking. Starting from July next year electronic payments will be able to be made for registration fees on motorcycles, motor cars, and real estate.
In 2017, after the pilot has finished, electronic tax payments will be available nationwide for business households and individuals paying registration fees for assets and asset rentals.
Mr. Tri also said that as at the end of November there were more than 478,000 companies (92.5 per cent of those active) registered to make electronic tax payments via the Department’s portal, of which 438,000 have registered at commercial banks. Around VND122.7 trillion ($5.46 billion) has already been forwarded to the State Budget.
The Department has been offering electronic payments to companies since February 2014, with 43 banks providing the service.
Besides the advantages Mr. Tri added that there are still problems. For example, 10 per cent of companies are starting or ending at any given time so the Department must work to encourage them to register their current status. “Many companies are also not used to making payment electronically and prefer paying by cash,” he told the conference. The coordination between tax agencies, banks, and State Treasury are also still in its early stages, he said.