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 procedures for additional declaration of the value-added tax

Principles of additional declaration and adjustment of Value Added Tax

• After the deadline for submitting official VAT declarations as prescribed, taxpayers discover that the tax declarations already submitted to the tax authorities contain errors or mistakes that affect the payable tax amount, they may make additional declarations. and adjust the declaration.
• The additional VAT declaration is submitted to the tax authority on any working day, but before the tax authority, the competent authority announces the decision on tax inspection or tax inspection at the taxpayer’s office.
• Rules for additional declaration: According to Clause 8, Article 14 of Circular 219/2013/TT-BCT dated January 1, 2014

• • In the wrong tax period, go back to that tax period to make additional declaration;
  • In the wrong indicator, find the correct indicator, and correct that indicator with the correct data.

• For incorrect declaration of input invoices: there is no time limit for declaration, if errors are detected during the declaration process, they can still make additional declaration at any time, before the tax authorities make a decision. check bar
• For output invoices with omissions: detecting errors in any period, they must make additional declarations and adjustments in that tax period and pay late payment interest on the under-declared tax amount (if any).
• The following monthly (quarterly) VAT declaration must always be taken according to the ending balance (criteria 43) of the official declaration of the month (previous quarter) and make adjustments (if any).

Procedure for supplementing 

Enterprises detect false declarations but do not affect the payable VAT amount, VAT is deducted:

Enterprises have errors such as: Incorrectly declaring the value of purchased goods and services (criteria 23); Sales of goods and services sold (criteria 29, 30, 32, 32a) making an additional declaration of the tax period with errors (using-declaration support software), not having to make an explanatory appendix additional declaration, adjustment of KHBS.

Enterprises detect false declarations, affecting the payable VAT amount and deductible VAT amount:

Errors: Wrong declaration of VAT, over/under declaration of input invoices – output invoices, etc.

Case 1: Increase the deductible VAT amount carried forward to the next period

• Prepare additional VAT declaration on HTKK software.
• Increase the amount of VAT deducted → Adjust to the target [38] of the current declaration.
• Summary of KHBS: Specify the wrong reason.
• Render XML to render Tax Authority Report.

Case 2: Reduction of the deductible VAT amount carried forward to the next period

• Prepare additional VAT declaration on HTKK software.
• Reduce the amount of VAT to be deducted → Adjust to the target [37] of the current declaration.
• Summary of KHBS: Specify the wrong reason.
• Render XML to render Tax Authority Report.

Case 3: Increase the amount of VAT payable

• Prepare additional VAT declaration on HTKK software.
• Summary of KHBS: Specify the wrong reason.
• Render XML to render Tax Authority Report.
• Add VAT to the State Budget.
• Penalty for late payment = Additional VAT amount * 0.03% * Number of days of late payment.

Case 4: Reducing the amount of VAT payable

• Prepare additional VAT declaration on HTKK software.
• Summary of KHBS: Specify the wrong reason.
• Render XML to render Tax Authority Report.
• The overpaid VAT amount shall be offset by the enterprise itself.
• In case tax has not been paid, late payment will be calculated on the first payable amount.

Case 5: Reducing the amount of VAT that is still deductible and at the same time increasing the amount of VAT payable

• Prepare additional VAT declaration on HTKK software.
• Reduce the amount of VAT to be deducted → The difference is adjusted to the target [37] of the current declaration.
• Summary of KHBS: Specify the wrong reason.
• Render XML to render Tax Authority Report.
• Add VAT to the State Budget.
• Penalty for late payment = Additional VAT amount * 0.03% * Number of days of late payment.

Case 6: Increase the amount of VAT that can still be deducted, and at the same time reduce the amount of VAT payable

• Making additional VAT declaration on HTKK . software
• Increase the deductible VAT amount → Adjusted difference in the target [38] of the current declaration.
• Summary of KHBS: Specifying the wrong reason
• Render XML to render Tax Authority Report.
• The overpaid VAT amount shall be offset by the enterprise itself.

Service of additional declaration of  tax provided by Hong Bang Law

• Advising customers on tax laws in general and additional declaration of corporate income tax  in particular;
• Advising customers on regulations and order, procedures, declaration documents for value-added rental;
• Prepare reports, declarations, complete and submit declarations to competent state agencies;
• On behalf of clients to amend and supplement dossiers, directly work with competent authorities upon request;
• Perform other tax declaration-related services when required by customers.

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

• Consulting services and initial tax declaration;
• Monthly tax declaration service;
• Quarterly tax declaration service;
• Tax declaration service according to the time of arising;
• Services of making and declaring year-end financial statements;
• Contractor tax declaration service;
• Year-by-year tax declaration services: Reasonable cost and integrated package of all tax declaration activities of enterprises, completing books and documents, closing and storing business books;
• 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!