In order to attract global investment and expat genius to Hong Kong. Hong Kong not only offers an attractive tax regime for corporation and entrepreneurs. Moreover, it also has a competitive low taxation scheme for personal income tax on Hong Kong Salary tax. Correspondingly, salaries Tax referred to Personal Income Tax as well. Firstly, what …
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CAN I CLAIM OVERSEAS INSURANCE FOR A HONG KONG EMPLOYEE?
QUESTION 1: My company in the UK paid a medical plan for a Hong Kong Employee, does it help to claim deductions on tax purpose under a Hong Kong Limited Company? ANSWER 1: No, insurance plan in the UK is not a deductible expense under Hong Kong Profit Tax. Firstly, the expense is not paying …
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我可以为香港雇员申请海外保险吗？
问题1： 我英国的公司为在香港的雇员支付医疗保险，这是否能放在香港公司的税收扣减额里？ 回答1： 不可以，英国的医疗保险不是香港利得税可扣减的费用。首先，费用不是出于贸易目的而支付的，其次，很难解释英国医疗保险与香港产生的利润之间的关系。 问题2： 我[…]
HOW TO ISSUE INVOICE FROM YOUR MOBILE PHONE
Xero accounting software helps make your sales and invoice process easy to manage. Even to issue invoice to your clients from your mobile phone and getting paid is a fast and seamless process. We are going to show you how to issue an invoice to your client from your mobile phone 1.Download “XERO” from App …
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HOW TO GET PAYPAL STATEMENT FOR ACCOUNTING RECORDS
PayPal offers a faster, more secure way to pay online. It serves as an electronic alternative to traditional banks. Many e-commerce providers uses Paypal as one of the payment solutions. In order to ensure each transaction details are booked properly for your accounting and auditing, you are also required to download the Paypal statement each month. …
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What does it say on my smart Hong Kong Identity Card?
Since 26 November 2018, a new form of smart Hong Kong Identity Card will be issued to replace the existing smart identity card. The new version of identity card has improved in its durability, security features as well as the chip technology and protection of personal data. Inspection of Proof of Identity. All Hong Kong residents …
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HOW TO DEAL WITH YOUR FIRST AUDIT IN HONG KONG?
No matter what stage of your business is currently at, tax filing, account and auditing are the major aspects you have to pay attention. You can’t underestimate the outcome if you fail to report on time. Therefore, it is very important to decide when is your financial year end as your first audit. When do …
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BANK OF CHINA – IGTB PLATFORM UPGRADE TO PAPERLESS
IGTB platform upgrade and go Paperless Era Bank of China recently announced that they are upgrading their online commercial accounts. It mentioned IGTB online account users are not going to receive any paper customer advice soon. Bank of China will start not mailing out their monthly statements from 3rd May 2021. The act is in …
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我的智能香港身份证上写着什么？
自2018年11月26日起，香港将发行新形式的智能香港身份证以取代现有的智能身份证。新版本的身份证在耐用性、安全性、芯片技术和个人数据保护方面得到了改善。所有11岁或以上的香港居民都需要注册身份证，另外，根据《移民条例》第115章，必须携带身份证，检查身份证明[…]
如使用你的手机制作发票
Xero是一个会计软件，有助于简化您的销售和开具发票的流程，甚至您可以在手机上想您的客户开具发票，并且可以实现快速付款。 以下将展示如何使用手机制作发票 1.从App Store 下载“XERO” 2.打开软件 3.登录您的XERO帐户 4.在主页面，点击[…]