PPRuNe Forums - View Single Post - Hong Kong income tax
View Single Post
Old 16th Jun 2012, 08:01
  #5 (permalink)  
Mungo Man
 
Join Date: Oct 2006
Location: UK
Posts: 356
Likes: 0
Received 0 Likes on 0 Posts
Thanks Master Caution, that helps, and as bug squash said, about 15% seems to be the figure.

Not sure I understand why you would have to plan on 30% for the first year? If you pay one year up front then you have a year to save for the 2nd tax year no? In which case after the initial 1st lump payment you have to put aside 15% a month?

Is housing allowance taxable too?
Mungo Man is offline