Increase family deduction to 16-18 million VND/month to match living standards

    Nhóm PV |

    Many opinions say that the current family deduction level is no longer suitable and should be raised to about 16-18 million VND/month.

    Nhóm PV
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    Many ministries, branches and localities propose to raise family circumstances to suit the current price index. Photo: Vu Long

    Increase family circumstances to suit the price index

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    Many ministries, branches and localities propose to raise family circumstances to 16-18 million VND/month to suit the reality of prices and current living standards.

    Experts say that with the regulation of adding 20% ​​of CPI to adjust family deductions, this policy is outdated and cannot keep up with the pace of change in the economy and living costs. Photo: Bac Giang Provincial Tax Department

    Outdated family allowance creates large tax burden

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    Outdated family deductions and unreasonable progressive tax schedules are creating a huge burden on personal income tax and need to be adjusted urgently.

    Standing member of the Finance and Budget Committee Vu Tuan Anh stated that the Government has not yet submitted to the National Assembly Standing Committee an adjustment to the family deduction level. Photo: Y Nhu

    Reasons for not adjusting family deduction level

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    Standing Member of the Finance and Budget Committee Vu Tuan Anh stated that the Government has not yet submitted to the National Assembly Standing Committee an adjustment to the family deduction level.

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    Increase family circumstances to suit the price index

    Lục Giang |

    Many ministries, branches and localities propose to raise family circumstances to 16-18 million VND/month to suit the reality of prices and current living standards.

    Các chuyên gia nhận định, với quy định cộng dồn CPI 20% mới điều chỉnh giảm trừ gia cảnh, chính sách này đã lạc hậu, không theo kịp tốc độ thay đổi của nền kinh tế và chi phí sống. Ảnh: Cục Thuế tỉnh Bắc Giang

    Outdated family allowance creates large tax burden

    Minh Ánh |

    Outdated family deductions and unreasonable progressive tax schedules are creating a huge burden on personal income tax and need to be adjusted urgently.

    Ủy viên Thường trực Ủy ban Tài chính Ngân sách Vũ Tuấn Anh nêu rõ hiện Chính phủ chưa trình Ủy ban Thường vụ Quốc hội điều chỉnh mức giảm trừ gia cảnh. Ảnh: Ý Như

    Reasons for not adjusting family deduction level

    CAO NGUYÊN |

    Standing Member of the Finance and Budget Committee Vu Tuan Anh stated that the Government has not yet submitted to the National Assembly Standing Committee an adjustment to the family deduction level.