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Old 19th Sep 2011, 12:38
  #3245 (permalink)  
404 Titan
 
Join Date: May 2002
Location: Asia
Age: 56
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Wallstreet

You will only get the provisional tax back, i.e. HK$165,000.00. Provisional Tax is tax paid in advanced based on a projection derived from your previous year’s income. Hong Kong doesn’t have a “Pay as you earn” income tax regime where your employer collects your tax on your behalf and pays it to the government. In Hong Kong you pay the tax directly to the government in two yearly instalments, January and April.

This system does not exist in Honk Kong I assume ? If it does, Cathay is not paying Anything for your training at all.
No this system doesn't exist in Hong Kong.

If you want to get more information regarding the HK tax system, have a read of the Hong Kong Inland Revenue Department’s web site.

Hong Kong Inland Revenue Department
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