财政部，利好

Core Viewpoint - The announcement from the Ministry of Finance and the State Taxation Administration regarding the tax exemption for childcare subsidies is a significant positive development for families with children under three years old, effective from January 1, 2025 [1][11]. Group 1: Childcare Subsidy Policy - Childcare subsidies provided under the new system will be exempt from personal income tax [1][11]. - The policy will be implemented starting January 1, 2025, and will apply to children under three years old born on or after January 1, 2022, as well as those born before this date who are still under three years old [4][3]. - A detailed table outlining the subsidy amounts for children born from 2022 to 2024 has been created to facilitate the application process [5][6]. Group 2: Application Process - Families can apply for the childcare subsidy through the designated local health department, which will handle the tax exemption declaration [2][9]. - The application can be submitted online via the childcare subsidy information management system or through offline methods [10]. - The subsidy will be disbursed to the bank account of the applicant or the child, with encouragement to use social security cards for the transaction [10].