Increase by 1000 yuan each! Adjustment of Three Special Additional Deduction Standards for Personal Income Tax
Notice of the State Council on Raising the Special Additional Deduction Standards for Personal Income Tax
Guofa [2023] No.13
To the people's governments of various provinces, autonomous regions, and municipalities directly under the Central Government, as well as to the ministries and commissions of the State Council and directly affiliated institutions:
In order to further reduce the burden of family childbirth and elderly care expenses, in accordance with the relevant provisions of the Personal Income Tax Law of the People's Republic of China, the State Council has decided to increase the three special additional deductions for personal income tax, including the care of infants and young children under the age of 3. The relevant matters are hereby notified as follows:
1、 The special additional deduction standard for the care of infants and young children under 3 years old has been increased from 1000 yuan per month to 2000 yuan per infant.
2、 The standard for special additional deductions for children's education has been increased from 1000 yuan per month to 2000 yuan per child.
3、 The special additional deduction standard for supporting the elderly has been increased from 2000 yuan per month to 3000 yuan. Among them, only children are deducted at a standard monthly quota of 3000 yuan; The non only child and brother sisters shall share the deduction amount of 3000 yuan per month, and the amount shared by each person shall not exceed 1500 yuan per month.
4、 Other matters related to special additional deductions for the care of infants and young children under the age of 3, children's education, and support for the elderly shall be implemented in accordance with the relevant provisions of the Interim Measures for Special Additional Deductions of Personal Income Tax.
5、 The above adjusted deduction standards will be implemented from January 1, 2023.
the State Council
August 28, 2023