Evaluation of the implementation of accounting regime of business households

- On the morning of August 20, Lang Son Provincial Tax Department held an online conference to assess the implementation of the accounting regime of business households according to Circular No. 88/2021/TT-BTC dated October 11, 2021 of the Ministry of Finance guiding the accounting regime for business households and individual businesses (Circular 88).

Attending the conference were leaders of tax authorities and representatives of business households in the province.

According to the report at the conference, in recent years, business households paying taxes by declaration method have been an important and dynamic economic component, contributing significantly to the budget, creating jobs for workers, and contributing to the economic development of the locality.

According to the tax authority, the total number of households declaring and making tax declarations in the second quarter of 2025 in the province is 924. In 2024, the revenue from business households in the province was nearly 92 billion VND; of which, the tax collected from declaring households accounted for 40%; in the first 7 months of 2025, the revenue from declaring households was 18 billion VND, accounting for 26% of the total revenue from business households.

The implementation of the accounting regime under Circular 88 has marked an important step forward in tax management for business households. This is not only a legal requirement but also a foundation to help business households improve their financial management capacity, make their production and business activities transparent and gradually approach modern accounting standards. However, the practical implementation of the household accounting regime still has difficulties and problems related to bookkeeping and document storage...

At the conference, representatives of tax authorities and business households raised issues related to the accounting regime of business households; closing invoices, recording books; input invoices; receipts, payment vouchers...

Right at the conference, representatives of tax authorities in the province discussed and clarified a number of contents related to tax accounting work of business households according to Circular 88 under their authority. At the same time, grasp and accept proposals and recommendations of business households to report and propose competent authorities to amend regulations and policies related to accounting work of business households in accordance with reality, ensuring feasibility and management efficiency.