Vinh Phuc Tax Sector Accelerating Administrative Reform to Support Businesses, Taxpayers

11:37:53 AM | 12/3/2019

In recent years, the tax branch of Vinh Phuc province has adopted many consistent solutions, including the reform and modernization of administrative procedures, in order to support and facilitate businesses and taxpayers and to complete the task of fiscal revenue collection.

Implementing the plan of the Ministry of Finance and the General Department of Taxation, the Vinh Phuc Department of Taxation has adopted various consistent programs and solutions to speed up tax administrative reform in all stages: Tax registration, tax declaration, tax payment, tax exemption, tax reduction, tax refund, and procedures for buying and selling invoices. Executing Decree 119 of the Government on electronic invoices of goods sold and service rendered, stipulating that all companies must use electronic invoices by November 2020, the department has actively propagated the application of electronic invoices in place of self-printed invoices; trained businesses on contents, participation conditions, issuance registration for transformation from paper invoices to electronic invoices and benefits of electronic invoices; and solved difficulties and obstacles against businesses from the use of electronic invoices.

In addition, Vinh Phuc authorities have collaborated with Viettel Vinh Phuc and VNPT Business Center - Vinh Phuc Branch to support, register, issue and supply electronic invoice software for businesses when they need. Currently, nearly 1,000 out of 6,600 local businesses are issuing electronic invoices. In fact, using electronic invoices helps them simplify payment procedures, easily look up and know in advance payment value, thereby helping them better arrange payment in time via such forms as ATM card, internet banking service, standing order, and payment order. At the same time, they also help cashiers integrate data and figures onto their computers to respond to customer requirements quickly, promptly and accurately; help them reduce printing costs, transport and store invoices and integrate data with accounting management software.

To provide the most favorable conditions for businesses and taxpayers, the tax sector has stepped up the application of modern technology to tax administration. The Vinh Phuc Department of Taxation started to deploy TMS tax management software (a core tax management system that processes tax declaration, computing, refund, and tax debt reminding) in 2014. Currently, the department is applying 14 tax administration software programs, with the TMS tax management application and this system being very good for document management, tax registration, tax declaration management, tax accounting, debt management and tax reimbursement. The data on the TMS system basically meets the accuracy and completeness of industry database, data update and tax information search.

The Vinh Phuc Department of Taxation regularly upgrades applications to better serve tax inspection, debt management and declaration, to meet new policy and process changes. In addition, the department continues to deploy applications that meet the Prime Minister's direction on tax administrative procedure reform, e-government construction, launch electronic tax application (eTax), and promote electronic tax payment, electronic tax refund, electronic invoices and digital signatures. Currently, information technology applications for internal operations of tax authorities such as administrative accounting and non-business accounting, print management, asset management, equipment management, document management system, and internal inspection basically meet internal management requirements of Vinh Phuc tax authorities.

In the coming time, the tax branch of Vinh Phuc province will further reform administrative procedures, especially electronic tax declaration, payment and refund and gradually deploy electronic invoices in order to create favorable conditions and the best business environment for local companies to boost business development and effectively perform their tax obligations to the State, thus contributing to the successful implementation of local socioeconomic development objectives.