To cope with the uncertainties in the future, you need comprehensive financial planning and protection. Choosing the tax deduction solutions that suit you helps you to make the most of your tax allowance and reduce the tax burden for you and your family.
Generally, various companies' expenses, such as the company's equipment costs, renovations, etc., can enjoy the following "depreciation allowances" when paying profits tax, with a corresponding degree of tax deduction: Other tax deductible expenses In fact, the company's expenses cover a wide ra...
* Generous capital allowance and depreciation regulations; * Hong Kong has no sales tax or Value Added Tax. Our Taxation Services Advice on tax planning; Advice on estate duty planning; Assisting executives and high net-worth individuals in their personal tax planning; Hong Kong tax compliance...
not every taxpayer who uses up the maximum tax-deductible amount of HKD60,000 will enjoy HKD10,200 in tax savings as the actual amount of tax savings vary, depending on, for example, the taxpayer’s net taxable income, applicable tax rate, tax allowances and deductions entitled as well as...
ALSO READ: Parental leave, tax allowance floated to boost HK women’s participation in workforce Two categories of persons are eligible for the tax deduction are. In the first category are: infertile couples or persons under specified circumstances, including those undergoing sex selection of embryos...
If you receive some grants, allowances or awards associated with a non-profit organization If you have a non-government pension or annuities If you have investment income like interest or dividends If you have received capital gains other than sales of real property Consult a tax professional to...
Against the backdrop of fiscal deficits, Ng warns of challenging times ahead. “Residents will face higher living costs as the government cuts tax allowances and subsidies. We are looking at a year of slower economic growth combined with higher inflation.” ...
allowances of HK$426.0 million for the Reporting Period, representing an increase of 11.7% from 1HFY2023/24. Profit after tax was HK$170.4 million (1HFY2023/24: HK$191.4 million). The decrease in profit after tax was due to the increase in impairment losses and impairment allowances as ...
面對「綠色爆炸」的威力,相信各位要交薪俸稅的打工仔最想知道的,就是如何有效減輕稅務負擔。今次,10Life就與大家詳細介紹2024年的個人免稅額及8大扣稅方法,幫助大家做好稅務規劃,輕鬆慳稅。 免稅額 | 免稅額是甚麼? 為了幫助打工仔減輕稅務壓力,香港政府提供各種免稅額,只要符合資格的納稅人就可以申請,並透過計算...
gains and losses Allowance for doubtful debts Other expenses Finance costs Share of results of associates Profit before tax Taxation Effective tax rate (%) Net income - Minority interests Net income attributable to common shareholders YoY (%) Net profit margin (%) 96 64 143 199 200 180 60 82...