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Old 21st Mar 2023, 09:43
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RAT Management
 
Join Date: Apr 2009
Location: HKG
Age: 53
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Originally Posted by BuzzBox
Bear in mind that you'll have to pay double that for the first year, because you will be charged tax on the amount you have earned, plus the same again in provisional tax for the following year. And there's no PAYG tax, so you need to put some aside each month to pay for the tax bill when it eventually arrives. If you don't have enough to pay the bill, you'll need to arrange a tax loan from one of the banks.
Public finance bank calls me all the time if I need money? So getting a loan is really easy. Come on over. The more the merrier!
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