Proposal to exempt personal income tax for couples who have two children

National Assembly delegate Tran Kim Yen (HCMC delegation) proposed considering exemption and reduction of personal income tax for couples who have two or more children at an appropriate rate.

On the afternoon of November 19, discussing the Law on Personal Income Tax (amended) at the hall, delegate Tran Kim Yen (HCMC delegation) said that this content has been discussed a lot and she suggested considering family deductions by region and area.

Ms. Tran Kim Yen said that the reality of life between urban and rural areas is clearly different. Knowing that raising this issue makes tax management more complicated and difficult, the goal of amending the personal income tax law this time is an important opportunity to resolve the disagreement, towards a fair, humane tax system, suitable for the socio- economic situation.

"If due to difficulties and complications, this issue is not considered or researched, it will not meet the set goals," the female delegate raised the issue.

Regarding other tax exemptions and reductions, Ms. Tran Kim Yen said that a few days ago, the National Assembly discussed the Population Law, proposing many policies to encourage births to respond to the country's rapidly aging population.

Ms. Tran Kim Yen suggested that it is necessary to consider exempting or reducing personal income tax for couples who have two or more children, at an appropriate rate. That income has already deducted the taxpayer's expenses for dependents.

"It is proposed to include it in the law for research, with an impact assessment report. From there, the Government will decide on the time and method of implementation. This is necessary, a birth promotion policy suitable for the current situation of the country," Ms. Tran Kim Yen analyzed.

Proposal to deduct interest expenses for social housing loans when calculating income tax

Delegate Le Thi Song An (Tay Ninh delegation) pointed out that the draft law only limits deductions to income from salaries and wages. However, this provision is not comprehensive and does not properly reflect the spirit of encouraging the spread of humanistic values ​​in society.

In particular, with the deductions when calculating personal income tax, delegates suggested that interest expenses paid to credit institutions when people buy social housing or their first and only commercial house should be included.

"Currently, for young people and middle-income households, home ownership largely depends on bank loans. If home loan interest is deducted when calculating personal income tax, this will be a practical support policy to help them reduce financial burden, quickly stabilize their housing and life with the goal of settling down," the delegate said.

Delegate Le Thi Song An (Tay Ninh delegation) spoke

Ms. Le Thi Song An also said that the drafting agency's viewpoint has not expanded the deduction for this content, because the land data system and information technology infrastructure are not yet synchronized. However, we are gradually integrating data on housing and land into the national electronic identification system, allowing authorities to easily identify individuals who are first-time home buyers or do not yet own real estate.

In fact, the source of social housing funds is still limited, not everyone has the opportunity to access preferential loan policies. Therefore, not considering reducing loan interest costs for social housing buyers or first homes is not fair.

In addition, she proposed expanding the scope of deductions to other types of legal income, such as income from business, capital investment or winnings. Because charitable contributions are noble acts, demonstrating the social responsibility and kindness of taxpayers, regardless of the source of income.

In fact, many individuals can use different sources of income other than just their salary to make donations. Therefore, expanding this provision will help encourage the spirit of mutual assistance.

Source: https://phunuvietnam.vn/de-xuat-mien-giam-thue-thu-nhap-ca-nhan-voi-vo-chong-sinh-du-2-con-20251119170936314.htm