Strong Business Supporter

According to Phu Tho Taxation Department, total balanced budget revenues in the first quarter of 2014 are estimated to reach VND674.5 billion, making up 24.8 percent of that commissioned by the Ministry of Finance, 24.7 percent of that commissioned by the Provincial Council of People, up 3.2 percent over the last same period. Excluding land use right fees, total budget revenues are estimated to reach VND624.5 billion, making up 25.8 percent of that commissioned by the Ministry of Finance, 25.6 percent of that commissioned by the Council of People, up 4.6 percent over the last same period. Of which, 8 of 13 targets will be probably reached over 25 percent of budget estimation ordinance, 5 of 13 targets under 25 percent of budget estimation ordinance, 7 of 13 revenue targets are estimated to increase over the last same period. However, over the last same period, some fields forecast revenues reduction like: revenues from state owned enterprises reduce 12.8 percent, production industries such as food processing, tea processing, producing beer and malt… Personal income taxes decline 13.2 percent; land use right fees reduce 11.5 percent; revenues from local state owned enterprises reduce 10.7 percent.

 

Results point out big difficulties that Phu Tho Taxation Department has faced for the last times and in the future. To overcome these obstacles and complete tasks commissioned by the Finance Ministry, General Department of Taxation and People’s Committee, Phu Tho Taxation Department has elaborated many solutions.

Accordingly, identifying enterprises and entrepreneurs the major group of taxes revenues, Phu Tho Taxation Department has effectively directed the implementation of Resolution no. 02/NQ-CP on methods to solve difficulties for production and trading, support the market, deal with bad debts; Resolution no. 01/NQ-CP on major direction to implement socio-economic development plan and state budget estimation in 2014 of the Government and plan of People’s Committee on implementing Resolution no. 01/NQ-CP. At the same time, the department promotes propagandizing new taxes policies that have effect in 2014; policies on reducing, extending deadline to pay taxes for some budget incomings in compliance with Resolution no. 02/NQ-CP.

 

Besides, the Department has pushed up reforming and modernising management methods to guide, support organisations and individuals to comply with taxes regulations. Not only frequently directing, supervising implementation of “one stop shop” mechanism in receiving taxes documents, guiding, answering to questions on administrative policies and procedures; listing publicly and transparently processes and procedures as required; investing in renovating infrastructure, etc, the Department has also actively reviewed and simplified taxes administrative procedures, eliminated unnecessary procedures, reduced time to the shortest in compliance with regulations, ensured lean, effective and practical benefits for tax payers. Accordingly, enterprises have to come to only one place to realise taxes obligations comprehensively, from handing in documents to receiving results, 100 percent of documents are solved as promised.

 

Besides concentrating on professional activities, with the viewpoint of considering human resource a crucial factor of management effectiveness, the Department has elaborated plans of constructing and developing staff with skills, political quality and professional ethics, discipline and social skills to meet higher and higher requirements of tax managements and to better serve organisations and individuals.

 

In the future, to promote achievements and overcome bad points, Phu Tho Taxation Department will continue implementing comprehensive solutions to support enterprises, especially small and medium sized ones. The Department always goes toward true values highly appreciated by the taxation sector, which is “Transparency – Professionalism – Integrity and Innovation”.