Focus on budget collection solutions from the beginning of the year

Phan Thiet City Tax Department has achieved 101.6% of the estimate in collecting the state budget in 2023. From the beginning of the year, the city's tax department has set out many tasks and solutions to focus on efforts to successfully carry out the task of collecting the state budget in 2024.

In 2023, the Phan Thiet Tax Department will collect state budget revenue, in addition to favorable aspects, but also face many difficulties due to the impact of the general global economic situation, and some large local enterprises showing signs of slowing down in business activities. Meanwhile, most enterprises in the city are small-scale and have weak competitiveness; at the same time, the real estate market is currently in a "frozen" state, reducing demand and reducing payments, which also affects the city's state budget revenue.

Promote production and business development, especially tourism industry to increase budget revenue.

However, with the close direction of the city's leaders, the efforts of the Phan Thiet Tax Department and the coordination with relevant departments and offices, the city has strived to complete, achieve and exceed the 2023 State budget estimate with a total revenue of VND 1,513.3 billion, reaching 101.6% of the estimate. Of which, 6/9 types of revenue exceeded the estimate and increased revenue compared to the same period, specifically revenue from the non-state economic sector was VND 909.5 billion, reaching 113.7% of the estimate. This revenue source includes revenue from large enterprises located in the city managed by the Provincial Tax Department of VND 655.7 billion, reaching 113% of the estimate and revenue managed by the Tax Department of VND 253.8 billion, reaching 115.4% of the estimate. Of which, revenue from enterprises and business organizations increased by 12% over the same period, revenue from households and business individuals increased by 22.9%. In the past 5 years, the tax collection managed by the Tax Department accounted for 71.4% of the total revenue from the non-state economic sector of the Tax Department. However, in the past year, a number of large enterprises in the area slowed down in business activities, and some sources of revenue suddenly decreased. Other sources of revenue exceeded the estimate: non-agricultural land use tax reached 191.6% of the estimate, up 12.4%; land rental revenue reached 103.9%, up 22.9%; land use fee collection reached 121% of the estimate, up 49.3%; mineral exploitation right fee collection reached 273.7%, up 58.2% and other budget revenue reached 125.3% of the estimate. Besides, there are still 3 revenue items lower than the estimate: personal income tax at 81.9%, registration fee at 53.9% and fees - charges at 70.3%.

In 2024, the city was assigned a domestic budget revenue estimate of 1,369 billion VND. From the beginning of the year, the city developed a budget revenue management plan to divide the implementation time, clearly identify each collection address, divide the revenue colors and assign specific tasks to each related unit. At the same time, build very specific solutions, focusing on promoting production and business development, improving the "health" of enterprises, removing obstacles related to the issuance of land use right certificates, land use right transfers... to create a very basic foundation for economic growth, thereby contributing to the city's budget.

Phan Thiet Tax Department has proactively developed a collection plan for 2024, taking advantage of the support and coordination of departments, branches, People's Committees of wards and communes to carry out tax tasks and work. In particular, focusing on tax-related solutions such as: Tax debt collection; improving the quality of inspection work, preventing revenue loss, smuggling, trade fraud, strictly managing tax calculation prices... to strive to complete assigned tasks. Along with that, drastically and synchronously deploying revenue management solutions; identifying potential revenue sources, areas and taxes with revenue loss to promptly propose effective management solutions to prevent budget revenue loss. Party committees and authorities at all levels of the city identify advantages and difficulties in state budget collection, closely follow the locality, and comprehensively assess revenue sources. Thereby, strengthening the direction, operation and management of the State in budget collection; Departments and organizations from the city to the ward and commune coordinate synchronously and closely, mobilize all sources of revenue into the budget, prevent revenue loss, strive to achieve and exceed assigned targets...

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