March 27, 2019 07:26

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Pay attention when registering tax code for dependents

14:19 | 13/02/2019

VCN – According to Hanoi Tax Department, the current registration procedure for dependents in order to deduct family circumstance would be complied to the Circular No. 111/2013/TT-BTC dated 15/8/2013 and Circular No. 95/2016/TT-BTC dated 28/6/2016 of the Ministry of Finance.

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Registering tax code for dependents. Photo: Thuy Linh

Accordingly, the case of receiving the result of granting dependent tax code, the tax authority shall return the result to the agencies which conduct payment for dependents, including the cases of not granting tax code due to overlapping identification information (identity card, ID card, birth certificate,...)

According to regulation, individuals who have taxable income can make tax registration to be granted tax codes for themselves and for each dependent to be reduced for family circumstances.

The documents include: Copy of ID card or birth certificate; legal documents to determine the foster responsibility in accordance with law.

Along with that, taxpayers only have to register and submit proof for each dependent once during the discounted family circumstances deduction. If taxpayers change their workplaces or places of business, they will register and submit dependent documents as in the case of first-time dependents registration.

Individuals are granted a unique tax code to use throughout that person's life. Dependents of individuals are granted tax codes in order to receive family circumstances deduction for taxpayers who pay personal income tax. The tax code granted to dependents is also the tax code of the individual when the individual arises obligations to the state budget (the granted tax code must not be re-used to grant to other taxpayers).

The tax authorities stipulated that individuals send authorization documents and documents of dependents (copies without authentication as required) which are valid to income-paying agencies. Income-paying agencies synthesize tax registration dossiers of dependents and send integrated tax registration declarations to dependents of individuals which have incomes from salaries and wages through income-paying agencies under the Form No. 20-DKT-TH-TCT issued together with this Circular.

Notably, the case when an employee moves to another place of employment, he / she may use the tax code granted to the dependent to register for family circumstances deduction at the place of destination.

In case the company carries out procedures to grant tax codes for dependents and is received by the tax authorities, including the cases of not granting tax code due to overlapping identification information (identity card, ID card, birth certificate,…) with other information of tax code, the company will be requested to provide list of cases that are not granted tax codes (according to the results of tax authorities) and dependent registration documents provided by taxpayers to the tax authority (lodged at Single Window Division) for consideration and granting tax codes for dependents.

By Thùy Linh/Thanh Thuy