Question 2 Your friend, Jane has no knowledge on Hong Kong tax system. She calls you for some enquires about taxation in
Posted: Tue Nov 16, 2021 8:16 am
Question 2
Your friend, Jane has no knowledge on Hong Kong tax system. She
calls you for some enquires about taxation in Hong Kong. Jane works
as a part-time employee in a marketing firm located in Wanchai that
pays a monthly salary of $9,000. She also receives monthly rental
income of $10,000 and $5,000 from properties located in Shatin and
Bangkok respectively.
a. Determine whether her income from employment and rental
incomes from properties are subject to Hong Kong tax. Explain.
b. Based on the above information, advise the tax relief
strategy to Jane. Discuss any TWO of its purposes.
Your friend, Jane has no knowledge on Hong Kong tax system. She
calls you for some enquires about taxation in Hong Kong. Jane works
as a part-time employee in a marketing firm located in Wanchai that
pays a monthly salary of $9,000. She also receives monthly rental
income of $10,000 and $5,000 from properties located in Shatin and
Bangkok respectively.
a. Determine whether her income from employment and rental
incomes from properties are subject to Hong Kong tax. Explain.
b. Based on the above information, advise the tax relief
strategy to Jane. Discuss any TWO of its purposes.