According to section 8( 1) of the Inland Revenue Ordinance (Cap.12), any person's income generated in Hong Kong, China or derived from Hong Kong, China in each year of assessment from the following sources shall be subject to salaries tax:

Any gainful position or employment; or

Any pension.

The collection of salaries tax is based on the taxable income of each year of assessment, but the amount of income in that year will not be confirmed until the end of that year. Therefore, the Inland Revenue Department will first collect a provisional salary tax in that year of assessment, and then adjust it until the amount of income and salaries tax is confirmed in the next year. During the adjustment, the provisional tax paid in that year of assessment will be used to offset the salaries tax payable first, and if there is any surplus, it will be used to offset the provisional tax in the next year of assessment. The calculation method will be explained in the following questions and answers.

Simply put, if you receive income/remuneration for providing services in China and Hong Kong under an employment contract, you may have to pay salaries tax. However, when calculating salaries tax, taxpayers can apply for deduction of part of taxable income and obtain tax allowance to reduce the tax burden.

If you are employed in Hong Kong, China and work in Hong Kong, China, and your income exceeds your allowance, you have to pay salaries tax according to the actual income.

Collection of salaries tax

What is the salary tax based on your taxable income? Tax? Calculation; Or is the standard tax based on the total net income? Calculation,? Those who take a lower tax amount will be levied. Please? Look at the following analysis:

Real taxable income = total income-total deduction-total tax exemption

Total net income = total income-total deduction

Tax regulations? "requires employers and employees to declare their respective incomes to the Inland Revenue Department.

A) Income refers to salary? /salary. Refers to the deduction of employees' compulsory reserve? Income before contributions to planned/approved occupational retirement schemes.

B) commission? (including "shop maid"), bonus, full contract pay? Instead of holiday pay.

C) allowance or bonus

D) tip from anyone:? Such as: tips given to waiters by restaurant customers.

E) salaries tax paid by employers on behalf of employees

Pay? Salaries tax is the extra income given to employees by employers.

? For example, the tax paid in 2007/08 should be calculated as the income.

F) The "rental value" of the accommodation provided.

G) Income earned in the share subscription plan? .

H) back pay? , wages, remuneration? And retirement? Reward or reward for service? .

? Taxable "income" (not required to be reported in the tax return) includes:

? Allowances paid to jurors; and

? When the service is terminated, according to the Employment Clause? The provisions of the calculation and collection of severance pay or long-term.

Service? .

, China Hongkong.

According to section 8 of the Inland Revenue Ordinance (Chapter 1 12, Laws of China and Hong Kong), unless otherwise stipulated in the Ordinance, any natural person shall report and pay salaries tax in every year of assessment. Among them, employment income refers to all income of the taxpayer from providing employment services in China and Hongkong, including pension and holiday salary.

[Edit] Year of Assessment

In Hongkong, China, the taxable year of salaries tax is from April 1 day of each year to March 3 1 day of the following year.

In Chinese mainland, the tax year is from 1 month 1 day to1February 3 1 day of the same year. , reference: zh. *** /w/index? title=%E8%96%AA%E4%BF%B8%E7%A8%85& variant=zh-,