Motivation for workers

The National Assembly Standing Committee has passed a Resolution to adjust the family deduction in calculating personal income tax to 15.5 million VND/month for the taxpayer himself and 6.2 million VND/month for each dependent. This adjustment, expected to be applied from the 2026 tax period, is considered a "new breath of life", bringing practical benefits and creating strong motivation for workers in the context of life with many spending pressures.

The family deduction for calculating personal income tax will increase from January 1, 2026, which is good news for workers (illustrative photo).

The most obvious and direct benefit is the reduction in personal income tax (PIT) payable, even helping many people no longer have to pay tax. With the personal deduction increased from 11 million VND to 15.5 million VND, the tax threshold is raised significantly, helping middle-income earners retain more of their labor.

When there are dependents, the deduction increases from 4.4 to 6.2 million VND, which will double the benefits, helping families save a significant amount each month. This money can be used for essential needs such as education , health care or savings, thereby improving the quality of life and contributing to strengthening social security.

The current family deduction level has been maintained for a long time, while the cost of living, especially the price of essential goods, has continuously increased due to inflation and economic fluctuations. This adjustment demonstrates the sensitivity and timeliness of the legislative body, ensuring that tax policy is closely aligned with real life.

This is also a step demonstrating the spirit of "tax for the people", helping income regulation policies become fair, humane and suitable to the development level of the economy.

Personal income tax is essentially an income regulator, but it must ensure that workers have enough income to cover their minimum needs before they pay their tax obligations. The new deduction helps maintain this principle, while creating more fairness between people with different income levels and family burdens.

The income retained through tax reduction will directly "go" into people's pockets, stimulate consumption, boost aggregate demand and thereby create a positive spillover effect on production and business.

Adjusting the family deduction level is a necessary fiscal policy, clearly demonstrating the State's concern for the lives of workers, who are the force directly creating wealth and making important contributions to the country's development.

Although it may reduce budget revenue in the short term, in the long term, this is a step in the right direction, contributing to promoting social equity, encouraging creative labor and creating a foundation for sustainable economic growth.

Human-oriented policies, originating from real life, are always the foundation for consolidating social trust and enhancing the bond between the State and the people, the core driving force for national development in the new period.

Source: https://baothainguyen.vn/xa-hoi/202510/dong-luc-cho-nguoi-lao-dong-4c74025/