On the afternoon of October 13, the National Assembly Standing Committee gave its opinion on the draft Law on Personal Income Tax (amended).
Presenting the draft law, Deputy Minister of Finance Cao Anh Tuan said that the draft law amends the regulation on family deduction (including family deduction for taxpayers and dependents) in the direction of assigning the Government to regulate in accordance with the socio-economic situation in each period to implement the decentralization and delegation of authority policy.
Currently, the Government has drafted a resolution of the National Assembly Standing Committee to adjust the family deduction level to submit to the National Assembly Standing Committee at the October 2025 session, in the direction of increasing it higher than the current level.
Accordingly, from 11 million VND/month for taxpayers and 4.4 million VND/month for each dependent, an increase of over 40%, equivalent to 15.5 million VND and 6.2 million VND.
This increase is due to the increase in per capita income and GDP per capita.
Chairman of the National Assembly's Economic and Financial Committee Phan Van Mai said that the Standing Committee of the Committee believes that the proposal to amend and supplement regulations on family deduction levels is necessary to suit the current situation.
The regulation on family deduction levels is also one of the important contents, receiving special attention from the people and public opinion in the process of amending and supplementing the law.
The practice of adjusting and amending the provisions of current laws on family deduction and through research and experience of other countries shows that family deduction levels do not necessarily need to be adjusted regularly and continuously.
Therefore, it is not necessary or urgent to assign the Government to regulate to ensure flexibility and timeliness.
Therefore, the majority of opinions suggested that the law should specifically stipulate the family deduction for taxpayers and dependents as expressed in the current law to ensure authority and clarity and transparency.
Some opinions agreed to assign the Government to regulate the level of family deduction. However, it is proposed to stipulate in the law the minimum and maximum family deduction for taxpayers and dependents, establishing the basic principle for the Government to stipulate specific family deduction levels.
Speaking to accept and explain later, Deputy Minister of Finance Cao Anh Tuan said that since its promulgation in 2009, if including preparation to submit in October 2025, it will be 3 times to adjust the family deduction level.
The Deputy Minister of Finance analyzed that the law stipulates that if the CPI is over 20%, the Government will submit to the National Assembly Standing Committee to adjust the family deduction level. Up to this point, the CPI is less than 20%, but according to calculations, by October - November it will be at 20%.
Therefore, the Government proactively submitted to the National Assembly Standing Committee to adjust the family deduction level.
"Currently, the draft law is proposing to assign the Government to regulate and not based on CPI, but based on practical situations and living prices for the Government to proactively adjust in a more timely manner to support people and businesses, without intending to tighten tax obligations to taxpayers.
This will be decided by the National Assembly Standing Committee and the National Assembly, but the Government and the Prime Minister will be very willing to take the initiative. If the law stipulates that the Government reports to the National Assembly Standing Committee, then comply" - the Deputy Minister of Finance stated.
Regarding this issue, Vice Chairman of the National Assembly Nguyen Duc Hai proposed to study and complete it according to the proposal of the inspection agency, as shown in current law, specifically regulating the family deduction level for taxpayers and dependents.
At the same time, it stipulates the authority of the Government to submit to the National Assembly Standing Committee for consideration the adjustment of the family deduction level in accordance with price fluctuations in case the consumer price index fluctuates, at a certain ratio compared to the time the law takes effect.
