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According to the tax authority, the budget revenue in the first 5 months of the year was quite good, primarily due to the continued improvement in production and business activities in the province. The implementation of tax and fee exemption and reduction policies had a positive impact on the recovery of businesses.

Along with that, businesses and production and business households have raised awareness and sense of responsibility in complying with the State's tax policy.

Mr. Tran Viet Hung, Director of Viet Hung Steel Trading Company Limited, Thanh Hoa province said: "The company's business is better than the same period in 2023, orders are stable, and we enjoy a 2% tax reduction, so we have the conditions to invest in development. The tax authority supports and guides businesses. Businesses expect production and business to be better and better, contributing taxes to the state."

Right from the beginning of the year, the Thanh Hoa Provincial Tax Department has proactively analyzed the factors affecting the collection tasks for each field and each tax, especially large revenues, thereby proposing measures and solutions to effectively direct collection. At the same time, regularly monitor, review and evaluate the budget collection tasks for each locality and unit to direct timely collection. Regional branches in the province actively coordinate with local authorities to remove difficulties, support enterprises in developing production and business; focus on recovering tax arrears, land use fees, and synchronously deploy tax management solutions.

Source: 6pm News on June 6