A strong focus on the application of information technology has helped the Ha Noi Tax Department increase its risk analysis capacity and improve the tax examination and inspection procedure.

This was stated by Nguyen The Manh, head of the Ha Noi Tax Department.

According to Manh, since the beginning of this year, the Ha Noi Tax Department has sent over 1,300,000 notices to firms informing them of late tax filing. The department has collected a total of VND7.1 billion in tax arrears, down 9 per cent compared with late December 2016.

During the first seven months of this year, the Ha Noi Taxation Department carried out inspections of over 11,400 firms, completing 62.8 per cent of the yearly plan, up 98.6 per cent over the same period last year.

The department also announced there were some 13,400 Facebook account holders conducting trading activities through this social network, adding that the agency had drawn up a tax administration project for e-commerce businesses in the city.

The tax department also clarified and collected information on the identity and telephone numbers of the 13,400 Facebook account holders. Of this estimate, some 1,950 individuals and organisations are registered and using tax identification numbers to declare and pay taxes.

To efficiently manage and control tax collection, the municipal Taxation Department will focus on the use of information technology in all stages, besides guiding, supporting and encouraging firms to declare income and pay taxes according to the law. — VNS