Here’s A Comprehensive Guide On Hong Kong Salary Tax Allowance
Reading Time: 4 minutesHong Kong is undoubtedly one of the busiest and largest economic hubs worldwide. As a result, you’d expect to meet many companies here. If you’re currently managing a business in Hong Kong or plan to do so, you’ll have no choice but to employ people to work for you. You’ll most likely pay them salaries to compensate them for their efforts. Paying salaries is more than just sending money to your workers at the end of the month. There are many other important things involved. That’s why it’s important to learn about Hong Kong salary tax allowance. This piece will teach you about salary tax allowance and any additional deductions for your employees, salary tax rate, and how to calculate salary tax in Hong Kong.