1. What is Revenue?
According to Official Letter No. 533/GLA-NVDTPC (2026), revenue is defined as follows:
Revenue means the total proceeds from the sale of goods, processing activities, and provision of services, including bonuses, financial support, subsidies, surcharges, additional charges, extra fees, compensation, and other revenues related to business activities that a business household is entitled to receive or enjoy, irrespective of whether payment has been collected.
2. Determination of Taxable Revenue of a Business Household
Pursuant to Article 10 of Resolution No. 198/2025/QH15, from 01 January 2026, the lump-sum tax regime and business license fee applicable to business households and individual businesspersons shall be abolished.
Accordingly, from 2026 onwards, business households and individual businesspersons shall be subject to only two types of taxes: value-added tax (VAT) and personal income tax (PIT). Concurrently, the taxation method shall be converted from the presumptive (lump-sum) tax method to the declaration and self-assessment method.
Pursuant to Article 10 of Circular No. 40/2021/TT-BTC, taxable revenue is prescribed as follows:
Tax Bases
The tax bases applicable to business households and individual businesspersons comprise taxable revenue and the tax rate calculated on revenue.
1. Taxable Revenue
Taxable revenue for VAT and taxable revenue for PIT applicable to business households and individual businesspersons means revenue inclusive of tax (where subject to VAT) derived from the total proceeds from the sale of goods, processing, commissions, and provision of services arising during the tax period from production and business activities of goods and services, including bonuses, sales incentives, promotions, commercial discounts, payment discounts, monetary or non-monetary support; subsidies, surcharges, additional charges, and extra fees receivable in accordance with regulations; compensation for breach of contract and other compensation payments (included only in PIT taxable revenue); and other income that the business household or individual businessperson is entitled to receive, regardless of whether payment has been collected.
…
Accordingly, taxable revenue of a business household means the total proceeds generated from production and business activities of goods and services during the tax period, inclusive of tax (where applicable), comprising proceeds from sales, processing, commissions, provision of services, bonuses, financial support, discounts, promotions, subsidies, surcharges, additional charges, and extra fees as prescribed; compensation for contractual breaches (for PIT purposes); and other receivables, irrespective of whether such amounts have been collected.
📞 CONTACT LEGAL CONSULTANT:
TLA Law is a leading law firm with a team of highly experienced lawyers specializing in criminal, civil, corporate, marriage and family law, and more. We are committed to providing comprehensive legal support and answering all your legal questions. If you have any further questions, please do not hesitate to contact us.
1. Lawyer Vu Thi Phuong Thanh, Ha Noi Bar Association
Email: vtpthanh@tlalaw.vn
2. Lawyer Tran My Le, Ha Noi Bar Association
Email: tmle@tlalaw.vn
Vo Thi Van Khanh