Taiwan May Raise 2027 Basic Living Tax Deduction to NT$220,000 as Income Rises 3.16%
Updated
Updated · Focus Taiwan · Aug 14
Taiwan May Raise 2027 Basic Living Tax Deduction to NT$220,000 as Income Rises 3.16%
1 articles · Updated · Focus Taiwan · Aug 14
Summary
NT$220,000 per person is the projected basic living expense deduction for 2027 tax filers, up NT$7,000 from the current NT$213,000, according to Taiwan's budget and statistics agency.
The increase follows a 3.16% rise in 2025 median disposable income per capita to NT$366,841, because the law sets the allowance at 60% of the previous year's median.
The Finance Ministry will confirm the exact figure at the end of 2026 for income earned that year.
Households with children are the main beneficiaries, since singles and couples without dependents usually already get larger combined exemptions and deductions.
A four-member family would gain NT$28,000 in total deductions if the change takes effect, cutting tax by NT$1,400 at a 5% rate or NT$5,600 at a 20% rate.