Taxation is a complex area that requires keeping up to date with the latest legislation. Hong Bang Law has many employees who are experts with long experience in the tax field, providing customers with quality and reliable services.

Therefore we would like to send you some necessary information about the procedure of filing an application for personal income tax refund.

Requirements for personal income tax refund

Pursuant to Circular 111/2013/TT-BTC and Circular 92/2015/TT-BTC amending and supplementing personal income tax refund conditions as follows:

• Individuals overpaying PIT: In the year that individual has temporarily paid a tax amount larger than the payable PIT amount after finalization;
• At the time of filing the PIT refund, the employee has a personal MST.
• There is a request for PIT refund.

Deadline for submission of PIT refund

Article 28 of Circular 111/2013/TT-BTC stipulates: “In case an individual has a personal income tax refund but is late in submitting a tax finalization declaration as prescribed, no penalty will be applied to administrative violations. tax finalization is overdue.”

Employees can apply for tax refund before and after 90 days from the end of the fiscal year without penalty.

Procedures

• Employees can authorize the company to finalize on their behalf or make the final settlement for tax refund by themselves.
• For individuals who have authorized tax finalization for the enterprise to make the finalization, the individual’s tax refund shall be made through the enterprise.
• For individuals who are eligible to declare directly to the tax office, they must determine where to submit tax refund dossiers. This can be the tax authority that administers the business (where the individual is paid income) or the local tax authority where the individual resides or temporarily resides.

Application

• Identity card, household registration book photo;
• Photocopies of documents proving the amount of tax withheld, temporarily paid in the year, income confirmation letter (if any);
• Photocopies of invoices and vouchers evidencing contributions to charity funds, humanitarian funds, study promotion funds (if any);
• Dependent deduction information; Birth certificate, identity card, tax identification number of dependents, time of deduction (if any);
• Information: Full name, personal tax identification number of husband or wife;
• Email information, contact phone number;
• Bank account information: account name, account number, bank, bank branch.

PIT refund service of Hong Bang Law

• Advising clients on tax laws in general and personal income tax laws in particular;
• Advising clients on regulations and order, procedures and records on personal income tax finalization;
• Making personal income tax finalization when authorized by customers, including: preparing, making and completing dossiers; submit dossiers to competent state agencies;
• On behalf of clients to amend and supplement dossiers, directly work with competent authorities upon request;
• Perform other tax-related services when required by customers.

In addition to the above services, Hong Bang Law also provides the following services:

• Consulting services and personal income tax finalization;
• Consulting services and initial tax declaration;
• Service of tax declaration by month, by quarter;
• Tax declaration service according to the time of arising;
• Services of making and declaring year-end financial statements;
• Contractor tax declaration service;
• Service of filing value-added tax refund;
• Tax declaration services at the request of businesses.

If you need more detailed advice and answers as well as how to access this service, please contact directly our Lawyer Nhat Nam via hotline: 0912.35.65.75, 0912.35.53.53 or call the toll free legal consultation hotline 1900.6575 or send a service request via email: lienheluathongbang@gmail.com

Wishing you and your family good health, peace and success!

Best regards!