Permanent Resident and Taxes



ORIGINAL POST
Posted by riverman 11 yrs ago
In another thread in these forums, someone made the statement "you have to pay HK taxes whether or not you have Permanent Residency, if you are in the country for 6 months of a tax year".


Does that mean, if you have permanent residency, but you are NOT in the country for six months (183 days) within a given tax year, you do not have to pay HK taxes on any income earned during your stay?

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COMMENTS
punter 11 yrs ago
Anything you earn in HK is taxable. But if you don't earn more than 200k (if you're married), then nothing is taxable as that is the married tax allowance (e.g. you earn 250,000 and you're eligible for the 200,000 allowance, then only 50K is taxable). Hope that helps.

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riverman 11 yrs ago
Thanks, Punter. So to restate what you said, to ensure clarity:


Being unmarried, I get the $100K exemption; however regardless of how long I spend in HK in any tax year, all my income is subject to HK taxes.


Can you point to a relevant hk.gov site that states this specifically. Not that I doubt your veracity....but it sure would be sweet if I could escape the whole deal somehow. ;-)


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punter 11 yrs ago
I suggest you talk to your HR, then you can be sure. Or you can also drop by IRD, if you have the time.


All payroll incomes are declared by employers (to the IRD).


http://www.ird.gov.hk/eng/pdf/pam43e.pdf

http://www.ird.gov.hk/eng/pdf/pam42e.pdf

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riverman 11 yrs ago
Thanks, Punter. It appears that your second link, question 4, indirectly answers my question. It states that the alleged person does not pay salaries tax, as they were in HK for 60 days; however, if they had been in HK one more day (61), then they'd be liable for salaries tax. So it appears that the trigger is 60 days, not 183.



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Stanley35 11 yrs ago
180 or 183 is the normal for many countries - but that also means that tax has to be paid somewhere. if you spend 179 days here, 179 days in Australia & 6 days in bali it doesn't mean you don't pay tax anywhere.


Suggest you call the HKIRD. they are very helpful & your questions can be anonymous.

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