Home › Categories › Government & Policy› Tax Allowances Table

Tax Allowances Table.pdf

pam61e.pdf

🔗 Source: ird.gov.hk

📊 Size: 188 KB

👤 Author: Inland Revenue Department

⬇️ Downloads: 70

Summary

$264,000
- Child: $120,000-$130,000
- Dependent Brother/Sister: $37,500
- Dependent Parent/Grandparent: $25,000-$50,000
- Single Parent: $132,000
- Personal Disability: $75,000
- Disabled Dependant: $75,000

Deductions:
- Self-Education: $100,000
- Elderly Residential Care: $100,000
- Home Loan Interest: $100,000-$120,000
- Mandatory Retirement Contributions: $18,000
- Voluntary Health Insurance: $8,000
- Qualifying Annuity Premiums: $60,000
- Domestic Rents: $100,000-$120,000
- Charitable Donations: 35%
- Assisted Reproductive Services: $100,000

Tax Rates:
- 2% on first $50,000
- 6% on next $50,000
- 10% on next $50,000
- 14% on next $50,000
- 17% on remainder
- Standard Rate: 15%-16%
- Tax Reduction: 100% with maximum $1,500-$20,000

Download File

Description

$264,000
- Child: $120,000-$130,000
- Dependent Brother/Sister: $37,500
- Dependent Parent/Grandparent: $25,000-$50,000
- Single Parent: $132,000
-...

Technical Information

File Format: PDF
File Size: 188 KB
Pages: 1
Language: EN
Author: Inland Revenue Department
Total Downloads: 70
Last Updated: 4 weeks ago

Document Overview

This PDF document about Tax Allowances Table provides comprehensive information and guidance. Whether you're a beginner or advanced user, this resource offers valuable insights into Tax Allowances Table.