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How to declare value added tax monthly and quarterly
Instructions on how to declare VAT monthly or quarterly, how to declare VAT according to Deductible or Direct PP ... according to Circular 156/2013 / TT-BTC, Circular 219/2013 / TT-BTC, Circular 119/2014 / TT- BTC, Circular 151/2014 / TT-BTC and according to Law No. 31/2013 / QH13:

Before declaring VAT, you must determine by yourself that your company is subject to VAT declaration by the deduction method or directly and monthly or quarterly. As follows:

I. Declaring VAT according to the deduction method:

1. Subjects of VAT declaration by the deduction method:

- Enterprises with annual turnover> 1 billion VND (except for business households and individuals).
- Enterprises that register voluntarily apply the deduction method (except for business households and individuals)

- Application period is 2 consecutive years. (Excerpt from Official Letter No. 17557 / BTC-TCT and Circular 219/2013 / TT-BTC)

The following companies are registered to declare VAT by the deduction method:

- Enterprises have annual revenue
- Enterprises newly established from the enterprise's investment projects are declaring VAT under the deduction method.
- Newly established enterprises that invest, purchase, receive capital contribution with fixed assets, machinery, equipment, tools, tools or have a business location lease contract.
(According to Circular 119/2014 / TT-BTC)
=> The above companies want to register to declare VAT according to the deduction method, make Form 06 / GTGT. The deadline is December 20 of the preceding year.
- If the business is newly established, the deadline for submitting the form 06 / GTGT is before the deadline for submitting the first VAT return.

Next, determine whether the enterprise is subject to monthly or quarterly declaration:

a. Subjects of quarterly VAT declaration:

- Enterprises with the total turnover of the preceding year shall declare VAT quarterly.
Total Revenue is (including sales subject to VAT and sales not subject to VAT).
(According to Circular 151/2014 / TT-BTC)

Note: Newly established businesses must declare VAT quarterly.
- After full 12 months of production and business (of 1 calendar year), from the next calendar year will be based on the revenue level to determine monthly or quarterly declaration.

Example 1:
- Thien Ung accounting company started production and business from January 2015, in 2015, it will declare VAT quarterly. Then, based on 2015's revenue (full 12 months of the calendar year) to determine whether 2016, tax declaration is monthly or quarterly.

Example 2:
Hai Nam Company started production and business activities from September 2014, then in 2014 and 2015, VAT declared quarterly. Then, based on 2015 revenue to determine in 2016, tax declaration is monthly or quarterly.

- If Hai Nam company meets the conditions for monthly declaration (2015 revenue> 50 billion), but wants to switch to monthly tax declaration, send a notice according to Form No. 07 / GTGT (issued together with Circular 151 /) 2014 / TT-BTC) for tax authorities to directly manage
- The deadline is the same as the deadline for submitting the VAT declaration of the first month of the year in which the monthly VAT declaration begins.