which stipulates that the nursing expenses for children under three years old will be deducted from IIT taxable income as special additional deductions, effective from January 1, 2022. The deduction standard is RMB
compensationanddeductionsShareschemes–thetaxableamount–excludingamountsincludedonyourP60orP45Taxtakenoffbox1Taxablelumpsums–excludingredundancyandcompensationforlossofyourjob–seenotesstartingonpageAiN15andWorkingSheet8LumpsumsorbenefitsreceivedfromanEmployerFinancedRetirementBenefitsSchemeexcludingpensionsRedundancyand...
“For the highest earners, Gift Aid can alleviate the problem that the personal allowance of £11,850 is reduced by £1 for every £2 of taxable income over £100,000,” said George Bull, senior tax partner at RSM. “In some circumstances, those payments may fully restore the pers...