That whole thing about having to pay tax twice for the first tax bill...yea thats not accurate. You are required to pay tax once a year on any income that is taxable from the previous year. You are not required to pay tax for the following year as you do not know how much you have earned. Hk tax is much like any other country. The rate is around 15%.
It would be absurd for them to tax you on income that you haven't already earned. If you join in July, you will have to pay around 6months of tax. Thats it!
Last edited by karam; 25th Jun 2012 at 05:39.