When it comes to personal income tax, deductions can significantly reduce your taxable income. In China, there are several categories of deductions you should know about. First, basic expenses like housing loan interest 🏡 or rent 💸 can be deducted. If you're paying off a mortgage, this could save you money. Second, education costs for yourself or your children 📚 are eligible. Whether it's furthering your degree or your child’s school fees, these can be deducted. Third, medical expenses ⚕️ that exceed a certain threshold can also be deducted. These include hospital bills and medicine costs. Lastly, elderly care expenses 🧓 might apply if you’re supporting older family members. Remember, keeping proper records is key to claiming these deductions. Always consult with a financial advisor to maximize your savings. 😎