AAIGUY
I am not advocating anything, just presenting options.
Sorry skipping town isn’t an option so don’t even suggest it. It's illegal.
Even if you pay 1/2 of year one and all of year two provisionaly - the figures from the IRD site indicate it will still be a very small amount.
I never said that the tax here was a lot. Compared to where I come from “Australia” it is ridiculously small. What I have said is that based on a yearly income of HKD$480,00.00 you will pay HKD$7116.66 in tax per month in the first year. This is based on current IRD figures. You will get a tax demand for the whole amount i.e. 2 years after being here twelve months. You must budget for it now not in twelve months because it will be too late to start saving for it then.