Am I eligible for Personal Assessment (“PA”) if I have a Hong Kong Identity Card (HKID)? How about if I am married?
A Personal Assessment (PA) is critical to saving tax for taxpayers who earn only rental income or sole proprietary business profits. By electing PA, taxpayers are entitled to claim personal allowances (self, married, child, dependents etc.) available automatically for salary earning taxpayers. To enjoy PA, you must be ordinarily residing in Hong Kong. A holder … Read more