Posted by
happychick
18 yrs ago
Have you spoken to your accounts department at your office? They have to fill out form IR56G to notify the Inland Revenue that you will be leaving the country. The form should also state how much you have earned to date and your accountant will be able to tell you if you need to pay tax. In many cases, if you are leaving the country soon,you will need to take the form yourself to IR and they will help you sort out your taxes. If I remember rightly and you do need to pay tax, you will need to pay there and then before leaving HK.
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I think you are referring to the "Letter of Release".
http://www.ird.gov.hk/eng/pdf/ere_lore.pdf
'You or your employee is going to leave Hong Kong
What are you required to do under the tax law?'
http://www.ird.gov.hk/eng/pdf/pam46e.pdf
'Employee About to Leave Hong Kong
Tax Clearance – Things to be done / noted by Employer and Employee'
http://www.ird.gov.hk/eng/pdf/ir6158e.pdf
BTW, the personal allowance is $100,000 so tax would be due on anything earned over that amount.
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