Tax Articles
Explore Hong Kong's tax system with expert articles and practical guides.
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How to properly record expenses to cope with Hong Kong tax audit
What happens when a tax clerk knocks on your door and asks to verify your expense claim? For many Ho
Hong Kong resident tax deductions: what can and cannot be claimed
Did you know? Many Hong Kong taxpayers may miss out on thousands of Hong Kong dollars in legitimate
Current Stamp Duty Rates: Hong Kong vs Mainland China
Did you know that trading the same company's shares in Hong Kong versus Mainland China can result in
1482 articles
How To Leverage Tax Treaties Between Hong Kong And Mainland
📋 Key Facts at a Glance Treaty Status: Hong Kong has Comprehensive Double Taxation Agreements (CDTAs) with 45+ jurisdictions, including Mainland China Main...
How To Leverage Hong Kongs Tax System For Holding Companies
📋 Key Facts at a Glance Territorial Taxation: Hong Kong only taxes profits sourced within its borders, not worldwide income Profits Tax Advantage: Two-tier...
How To Document And Justify Your Personal Tax Deductions In
📋 Key Facts at a Glance Documentation Period: Keep tax records for 7 years - the IRD can audit returns up to 6 years back (10 years for fraud) Top Deductio...
How To Claim Tax Relief For Self Education Expenses In Hong
📋 Key Facts at a Glance Maximum Deduction: HK$100,000 per tax year for self-education expenses Tax Year: April 1 to March 31 (2024/25 assessment year) Reco...
How To Claim Drawback Of Customs Duties In Hong Kong A Step
📋 Key Facts at a Glance Free Port Status: Hong Kong imposes no general customs duties on most imports and exports Four Dutiable Commodities: Excise duties...
How To Calculate Your Salaries Tax Liability In Hong Kong A
📋 Key Facts at a Glance Two Calculation Methods: Hong Kong uses both progressive rates (2%-17%) and standard rates (15%-16%), with taxpayers paying the low...
How To Calculate Property Tax On Rental Income In Hong Kong
📋 Key Facts at a Glance Tax Rate: 15% flat rate on Net Assessable Value (unchanged since 2008/09) Statutory Deduction: Automatic 20% allowance for repairs...
How To Avoid Pitfalls When Setting Up A Hong Kong Trust For
📋 Key Facts at a Glance Trust Tax Benefits: Hong Kong trusts enjoy no capital gains tax, no dividend withholding tax, and no inheritance tax AML Requiremen...
How To Appeal A Salaries Tax Assessment In Hong Kong A Step
📋 Key Facts at a Glance Deadline is Critical: You have only one month from the date on your assessment notice to file a formal objection with the IRD. Form...
How Stamp Duty On Stocks Affects Foreign Investors Entering
📋 Key Facts at a Glance Stock Stamp Duty Rate: 0.1% per party (0.2% total per transaction) effective November 17, 2023 Capital Gains Tax: No capital gains...
How Hong Kongs Trust Law Compares To Singapore For High Net
📋 Key Facts at a Glance Trust Duration: Hong Kong: 80-year perpetuity period vs. Singapore: Perpetual trusts allowed Tax Advantage: Hong Kong offers 0% ta...