Taiwan Confirms Basic Living Expense for 2025

Taiwan's Ministry of Finance has issued a notice confirming that the basic living expense for 2025 is TWD 213,000, which applies for individual income tax returns due to be filed in May 2026. In the case of a household, the basic living expense of TWD 213,000 is multiplied by the number of people in the household. If the total is higher than the sum of specified exemptions and deductions, the …