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Old 25th Mar 2008, 15:18
  #54 (permalink)  
Numero Crunchero
 
Join Date: Oct 2006
Location: Hong Kong
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hmmm, re read my post and even I am confused.

Simple rules.

If you rent above or below RFZ just put aside 16.5% of your actual salary/13th month/edn allowances and you will cover your tax liability.

If you are a purchaser, then assume you need to put away 15% of your salary/13th month/edn allowance AND housing assistance and your tax liability will be covered.

Clearer than slightly muddied water?
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