Pursuant to Article 8 of the Law on PIT implemented in 2007, individuals/organizations will be refunded tax in the following cases: The amount of tax paid exceeds the amount of tax due; Individuals/organizations that have paid tax but do not have taxable incomes that are up to the taxable level; Many individuals and businesses are now eligible for a tax refund, but they confront numerous difficulties in preparing tax refund documentation and completing tax refund procedures, among other things. VNC Consulting recognize these challenges and offer a comprehensive and professional PIT refund solution to assist individuals and businesses in resolving them.
1. What is a PIT refund?
A PIT refund is a reimbursement made to taxpayers who have overpaid under the law in one of the following cases:
The PIT refund is only applicable to individuals who have registered for tax and have a tax identification number.
When an individual who has authorized tax finalization for an income-paying enterprise to complete the final settlement, the individual’s tax refund is processed through the income-paying enterprise.
2. Why is it necessary for individuals and businesses to use the PIT refund service?
Individuals and businesses have to understand tax procedures and regulations in order to implement tax refund procedures that are required to be effective, correct, and timely.
These laws and policies are complicated and constantly changing. Individuals and businesses who are not tax experts will have a tough time comprehending and updating the regulations, which are revised and updated on a regular basis. Individuals and businesses may have to devote a significant amount of time and effort to studying the rules and completing the relevant documentation in accordance with the regulations.
After understanding tax laws and policies, individuals/enterprises shall have to keep preparing documents, information, and forms in accordance with regulations.
This whole process of preparation includes many different stages and documents, which may cause numerous difficulties for individuals and business.
VNC Consulting understand these difficulties and offer a PIT refund service to assist clients in preparing tax return documentation.
3. PIT refund service at VNC
With years of business experience and a well-trained team, when outsourcing the PIT refund service to VNC, our Company is devoted to assisting clients in resolving all challenges encountered during this procedure:
4. Client benefits of outsourcing the PIT refund function to VNC
With the criterion of “Your Comprehensive Back-Office Solutions“, VNC strives to provide the highest quality service possible to your business:
If you are interested in the PIT refund service of VNC, kindly contact us via Website www.vnc-os.com – Hotline: (+84) 28 6670 3100 – (+84 ) 902 595 17 for dedicated assistance and further information on our services.