Other Useful
Information
[P.1 Profits tax] [P.2 Salaries tax] [P.3-4 Government fees] |
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Hong Kong Salary Tax Information Extract |
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2008/2009 |
2007/2008 |
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| Hong Kong employment | |||||||||||
- |
Render all services outside H.K. | Non-taxable | Non-taxable | ||||||||
- |
Render services partly in H.K | ||||||||||
- |
Non-H.K. visitors | H.K.
service income: Taxable; Foreign service income: Taxable if no foreign tax paid |
H.K.
service income: Taxable; Foreign service income: Taxable if no foreign tax paid |
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- |
Visitors
'visit' H.K.not more than 60days |
Non-taxable | Non-taxable | ||||||||
- |
Visitors
'visit' H.K. more than 60 days |
H.K.
service income: Taxable; Foreign service income: Taxable if no foreign tax paid |
H.K.
service income: Taxable; Foreign service income: Taxable if no foreign tax paid |
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Non-Hong Kong employment |
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- |
Render all services outside H.K. |
Non-taxable |
Non-taxable |
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- |
Render services partly in H.K. |
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- |
Non-H.K. visitors |
Assess on time basis |
Assess on time basis |
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- |
Visitors
'visit' H.K.not more than 60 days |
Non-taxable |
Non-taxable |
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- |
Visitors
'visit' H.K. more than 60 days |
Assess on time basis |
Assess on time basis |
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Net chargeable income |
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| 2008/2009 | 2007/2008 | ||||||||||
| HK$ | HK$ | ||||||||||
| 1 | 35,000 | 2% | 2% | ||||||||
| 35,001 | 40,000 | 2% | 7% | ||||||||
| 40,001 | 70,000 | 7% | 7% | ||||||||
| 70,001 | 80,000 | 7% | 12% | ||||||||
| 80,001 | 105,000 | 12% | 12% | ||||||||
| 105,001 | 120,000 | 12% | 17% | ||||||||
| >120,000 | 17% | 17% | |||||||||
| Standard rate |
15% |
16% |
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| (standard rate applied
on the chargeable income when tax calculated using progressive rates is greater) |
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| Personal allowances: |
HK$ |
HK$ |
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| Single |
108,000 |
100,000 |
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| Married |
216,000 |
200,000 |
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| Child | |||||||||||
| 1st to 9th child (each) |
50,000 |
50,000 |
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| Additional child in the year of birth |
100,000 |
100,000 |
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| Single parent |
108,000 |
100,000 |
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| Dependent parent/grandparent (each) |
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| (Aged 60 or above, or eligible for disability allowance) | |||||||||||
- |
Basic |
30,000 |
30,000 |
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- |
Additional (living with taxpayer) |
30,000 |
30,000 |
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| Dependent parent/grandparent (each) | |||||||||||
| (Aged 55-59) | |||||||||||
- |
Basic |
15,000 |
15,000 |
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- |
Additional (living with taxpayer) |
15,000 |
15,000 |
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| Dependent brother/sister (each) |
30,000 |
30,000 |
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| Disable dependent (each) |
60,000 |
60,000 |
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| Deductions: |
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| Self-education expenses |
60,000* |
60,000* |
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| Home mortgage interest |
100,000*# |
100,000*# |
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| Elderly residential care expenses |
60,000* |
60,000* |
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| Contributions to recognised retirement scheme |
12,000* |
12,000* |
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| Approved charitable donations |
35% |
25% |
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* Maximum amount allowed per year of assessment |
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P.2 |
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