再迎利好！育儿补贴免征个人所得税

Core Points - The Chinese government has announced that childcare subsidies provided under the new policy will be exempt from personal income tax, effective from January 1, 2025 [1] - The subsidy is aimed at families with children under the age of three, with a standard annual amount of 3,600 RMB per child [1] - The policy includes provisions for not counting these subsidies as income for families or individuals recognized as recipients of minimum living security or other assistance [1] Summary by Categories Policy Implementation - The announcement was made by the Ministry of Finance and the State Taxation Administration to implement the childcare subsidy system as per the directives from the Central Committee of the Communist Party of China and the State Council [1] - An information-sharing mechanism will be established between health, finance, and taxation departments to facilitate the tax exemption process for applicants [1] Financial Details - The current basic standard for the childcare subsidy is set at 3,600 RMB per child per year [1] - The subsidies will be distributed annually until the child reaches the age of three [1] Administrative Procedures - County-level health departments are responsible for processing the personal income tax exemption applications for those eligible for the childcare subsidies [1]