- The VAT liability threshold for households and individuals increases from VND 100 million to VND 500 million from January 1, 2026.
- Platforms must continue to withhold taxes for individual sellers regardless of their annual revenue.
- The presumptive tax method for households and individuals in production or business is abolished.
- The requirement for sellers to have declared and paid VAT on invoices for VAT refund applicants is removed.
Source: bakermckenzie.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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