Vietnam's Hanoi Tax Department Issues New Rental Property Tax Guidelines for 2026

The Hanoi Tax Department released detailed instructions for individuals who rent out real‑estate across provinces, effective from 2026. Landlords must first determine whether annual rental revenue exceeds VND 1 billion. Revenues below that threshold are exempt from value‑added tax (VAT) and personal income tax (PIT). If revenue is higher, both VAT at 5 % of total revenue and PIT at 5 % of the amount exceeding VND 1 billion apply. For example, VND 1.2 billion in rent generates VND 60 million VAT and VND 10 million PIT, totaling VND 70 million.

Taxpayers file using Circular 50/2026 and its appendix (Circular 18/2026). Returns may be submitted twice a year (by 31 July and 31 January) or once annually (by 31 January of the following year). A single return can be lodged at any tax office in a jurisdiction where the landlord holds property, but each property’s revenue, tax amounts, address and lease contract must be listed separately. After filing, the taxes are paid to the respective local tax offices.