Australia or Europe

[asianeagle]

[quote=Jane Doe;3092911]Hi,

I've been offered a position and pls can I have some info on the pro's and con's of Europe base V Australia base.

Pro's of a Europe Base = You're not living in Oz!
Pro's of an Oz base = You're not living in Europe!

Hope this helps

[cpdude]

Originally Posted by sizematters

since when did hong kong tax drop to 10% ??? you'll pay 16% hong kong tax, however depending on your DOJ you won't get a bill for 18-24 months...................UK Taxman is talking to CX at the moment thanks to the 49'r court case and they may well have to introduce PAYE in the next 2 years. France is apparently ok as long as you show them you are paying HK tax ...............................
Basing may well not be your choice ....................anyway the first 4-5 months will be in Hong Kong................enjoy the stay at the Headland and the CX Checking system..........................

Your analysis of the HK tax rate is technically correct but highly simplistic. As in any tax system, there are brackets and deductions.
In HK, a typical NJ will report approx 500K in salary/benefits. If they were single, they would pay about 65K in taxes which is 13%. Married with one child would reduce the tax bill to 39K or 7.8%. This was calculated without laundry, PF deduction or charitable donations which will all reduce your tax payable.
With a reported income of 1M HKD, the tax burden is 16% for singles and 13.4% for a married couple with 1 child.
Below are 2 links that will explain or calculate this for you.
http://www.ird.gov.hk/eng/tax/ind_tra.htm
http://www.ird.gov.hk/eng/ese/pa_com..._07/pacfrm.htm

[Jane Doe]

Thanks everyone! As a first time ppruner I've enjoyed all your feedback. I totally understand that it's highly unlikely that I'll be given a choice of base but I just wanted to gather information in the event that it happens. In the meantime it's been a pleasure doing business with you!
Until next time...

[SMOC]

In case you don't know the PAX fleet and Freighter pay are not equal, so given the choice you should go for the PAX fleet, stable roster with higher pay.