- Households/business households with annual revenue of 1 billion VND or less are treated as not subject to VAT under Decree 141/2026/NĐ-CP (amending Decree 68/2026/NĐ-CP).
- The 20% VAT reduction under Resolution 204/2025/QH15 still applies if the business is using invoices and its main business lines fall within the eligible sectors.
- Therefore, even if the household business is not subject to VAT due to low revenue, it remains entitled to the VAT reduction policy for qualifying taxable supplies.
Source: baochinhphu.vn
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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