Strive to have no overdue tax refund files by the end of May 2025

The Tax Department has just sent an official dispatch to the heads of regional tax branches; heads of departments and units under the Tax Department on speeding up the settlement of value-added tax refunds. In particular, the Tax Department emphasized that by the end of May 2025, there will be no overdue files, except for high-risk files and suspected tax fraud files that are being verified and inspected.

Thời báo Ngân hàng•14/04/2025

Phấn đấu hết tháng 5/2025 không còn hồ sơ hoàn thuế tồn quá hạn

Electronic tax refunds have now reached 99%

To continue to improve the effectiveness of value-added tax refunds and create maximum convenience for businesses and investors, the Tax Department requires the organization to review businesses that export goods, services and investment projects in the area. Proactively guide and support businesses and investors right from the stage of tax declaration and tax refund application preparation to ensure completeness and compliance with regulations, avoiding taxpayers from encountering difficulties and problems during the implementation process.

Direct functional departments to review and synthesize all outstanding VAT refund application dossiers; classify dossiers by subject group and item, especially key export items such as textiles, footwear, wood and wood products, agricultural products, seafood, iron and steel, electronic components, etc. At the same time, clearly identify difficulties, obstacles and deadlines for handling each dossier, arrange adequate human resources, assign specific tasks; organize weekly monitoring and inspection of implementation progress.

The Tax Department emphasizes that for taxpayers with a good compliance history, qualified records, no signs of risk, and tax refunds are made within the prescribed time limit. For records with high risks, signs of fraud, invoice trading, and tax refund profiteering, the tax branches must coordinate with the competent authorities to inspect and verify. The tax branches must issue a written notice to the taxpayer and coordinate the handling after receiving the conclusion of the competent authorities.

Tax branches assign civil servants to manage and support businesses, directly guide taxpayers; organize dialogues and work with associations, businesses, and investors from April 15, 2025 to April 29, 2025 to remove obstacles and promptly resolve issues within their authority. For issues beyond their authority, immediately report to the Tax Department for guidance on resolution.

In the recent past, the tax authority has effectively implemented electronic tax refunds at a rate of 99%. Of these, about 86% of value-added tax refund dossiers subject to "refund first, check later" have been promptly processed by the tax authority within 6 working days from the date of receipt of complete dossiers from taxpayers.

In 2024, the whole industry issued 19,806 tax refund decisions with a total refund amount of VND 156,941 billion, an increase of 5% over the same period in 2023. In the first 3 months of 2025 alone, 3,911 decisions were issued with a total value-added tax refund amount of VND 31,128 billion, an increase of 6% over the same period in 2024.

Source: https://thoibaonganhang.vn/phan-dau-het-thang-52025-khong-con-ho-so-hoan-thue-ton-qua-han-162732.html