Good News! The Government Helps Ease Your Financial Burden!

Good News! 

Yesterday, The State Council issued a piece of good news: raising the standard for special additional deductions for individual income tax.

01

The special additional deduction standard for infant care under the age of 3 will be raised from 1,000 yuan per infant per month to 2,000 yuan.

02

The special additional deduction standard for children's education will be raised from 1,000 yuan per child per month to 2,000 yuan.

03

The special additional deduction standard for supporting the elderly will be raised from 2,000 yuan to 3,000 yuan per month.

This policy can reduce the burden of some families to raise children and support the elderly expenditure. On the other hand, increase the income of residents. Netizen comments:

"Such a policy could be more!"

“Don not look down upon small things.”

“Be happy secretly!”

Are you facing difficulties with the Corporate Tax in China?

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What are you waiting for? Reach out to us now! WeChat: 19866064275.

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