Increase family deduction to 15.5 million VND per month

The new policy takes effect from January 1, 2026 and applies from the 2026 tax period, raising the family deduction to VND 15.5 million/month, expanding tax incentives for taxpayers.

National Assembly Chairman Tran Thanh Man signed and issued Resolution No. 110/2025/UBTVQH15 on adjusting the family deduction level of personal income tax.

Accordingly, the National Assembly Standing Committee resolved to adjust the family deduction level prescribed in Clause 1, Article 19 of the Law on Personal Income Tax as follows: The deduction level for taxpayers is 15.5 million VND/month (186 million VND/year); The deduction level for each dependent is 6.2 million VND/month.

This Resolution takes effect from January 1, 2026 and applies from the 2026 tax period.

Resolution No. 954/2020/UBTVQH14 dated June 2, 2020 of the National Assembly Standing Committee on adjusting the family deduction level of personal income tax ceases to be effective from the effective date of this Resolution.

According to current regulations, individuals without dependents with total income from salary and wages of over 11 million VND/month (132 million VND/year) must pay personal income tax.

For individuals with dependents, the deduction for each dependent will be 4.4 million VND/month./.

(TTXVN/Vietnam+)

Source: https://www.vietnamplus.vn/nang-muc-giam-tru-gia-canh-len-155-trieu-dong-moi-thang-post1075684.vnp