Uni 09-04-2026 - About non-cash payment document

Official letter 1267/KHH-QLDN2 about non-cash payment document:

 The Khanh Hoa Provincial Tax Department acknowledges the difficulties the company is facing in implementing cashless payment methods for employee salaries paid to ethnic minority workers. However, the Corporate Income Tax Law 2025, Decree 320/2025/ND-CP, and Circular 20/2026/TT-BTC do not contain provisions stipulating the effective date for the use of cashless payment documents for purchases of goods, services, and other individual payments worth 5 million VND or more, which are to be applied from December 31, 2026. Therefore, the company is required to implement this regulation from December 15, 2025.

 At the same time, according to regulations, individual payments under 5 million VND are not required to have non-cash payment documents to be included as deductible expenses when calculating corporate income tax. Salary payments to employees must be clearly agreed upon in the labor contract, paid to the correct recipient, and supported by payment documents in accordance with regulations. If, upon inspection, the Tax authorities discover that the company intentionally splits payments into smaller installments to "avoid" the non-cash payment requirement, the Tax authorities have the right to reassess the tax liability based on the actual nature of the transaction.