Question:
I am a household business owner and would like to know which new tax policies I should pay attention to in order to avoid penalties.
Answer:
Starting from 2026, with the removal of the presumptive tax regime and the shift to a declaration-based tax system, many household businesses will need to adjust to a new method of tax management.
The major changes affecting household businesses are provided under the following legal documents:
1.National Assembly Resolution No. 198/2025/QH15 (May 2025)
Clause 6, Article 10 stipulates the abolition of the presumptive tax method from 1 January 2026. Accordingly, household businesses must switch to self-declaration, self-calculation, and self-payment of taxes based on actual revenue and expenses.
2.Decree No. 70/2025/ND-CP
This Decree sets out cases in which household businesses are required to use e-invoices generated from cash registers, applicable to:
- Household businesses and individual businesses with annual revenue of VND 1 billion or more
- Household businesses using cash registers
- Household businesses whose revenue or labor size reaches the upper threshold of micro-enterprises
• Cases where revenue can be determined through e-invoices with codes issued by the tax authority
Consultation: Tax services
