Forums Hong Kong Domestic Help

Is rent tax deductible in Hong Kong

Search
ORIGINAL POST
Posted by ddwk 17 yrs ago
Dear fellow Expat,


I am paying $13000/month for the rent in the midlevel area. I wanted to ask if this amount is tax deductible for my salary tax. My monnthly rent is over 10% of my totally salary


thx

Please support our advertisers:
COMMENTS
evildeeds 17 yrs ago
If you are paying from your own salary, no.

Please support our advertisers:
ddwk 17 yrs ago
Dear evildeeds,


thanks for the reply, the company has gave me an non-accountable case allowance for $12000 for the rent and the rental agreement is stamp. so still not deductible for my salary ??

Please support our advertisers:
evildeeds 17 yrs ago
If you are provided with a housing allowance then the housing allowance itself is not subject to tax. But rental paid is not deductible.

Please support our advertisers:
evildeeds 17 yrs ago
Gisajob, it must be written into your working contract and it's the amount paid for housing that is not taxed, not the whole amount reimbursed by IRD.

Please support our advertisers:
ddwk 17 yrs ago
Dear evildeeds, and GisaJob


thank you for the reply, I had ask my company they told me that the contact stated that the amount of money $12000 paid is for housing but not clearly stated as housing allowance, it is stated under Non-accountable cash allowance which is taxible I think ?? so by all means that I pay tax for the the money given as "housing benefit" and cannot get any reduction by presenting rental contract and receipt???


Please support our advertisers:

< Back to main category



Login now

OTHER ASIAXPAT SITES:

Ad