Increase the personal income tax deduction for dependents.

National Assembly Chairman Tran Thanh Man signed a Resolution of the National Assembly Standing Committee on adjusting the personal income tax deduction for dependents, effective from the beginning of 2026.

The personal allowance has been officially increased to 15.5 million VND per month. (PHOTO: Hanoi City Tax Department)

According to Resolution 110/2025/NQ-UBTVQH, adopted by the Standing Committee of the 15th National Assembly (50th session) on October 17, 2025, the personal allowance for calculating personal income tax will be adjusted to be more favorable to taxpayers.

Specifically, the tax deduction for the taxpayer themselves will be adjusted from VND 11 million/month to VND 15.5 million/month (VND 186 million/year), and the deduction for each dependent will be adjusted from VND 4.4 million/month to VND 6.2 million/month.

The new personal allowance deduction will be implemented from the effective date of the Resolution and will apply from the 2026 tax year. Accordingly, individuals will be able to deduct personal allowances at the new rate starting from January 2026.

The new personal allowance will be implemented from the date the Resolution takes effect and will apply from the 2026 tax year.

Raising the personal allowance to VND 15.5 million/month (for taxpayers) and VND 6.2 million/month (for dependents) fulfills a long-awaited aspiration of the people. From 2026, approximately 2.18 million people will no longer have to pay taxes, contributing to increased domestic consumption.

PV

Source: https://baohaiphong.vn/nang-muc-giam-tru-gia-canh-cua-thue-thu-nhap-ca-nhan-526774.html