tax deduction

Maximizing Your Tax Savings with QDAP: A Complete Guide for Hong Kong Taxpayers

Ever wondered if those tax-deductible annuities are actually worth your money? You’re not alone! Many Hong Kong taxpayers have heard about Qualified Deferred Annuity Policies (QDAP) but aren’t sure if they’re the right choice. What Exactly Is a QDAP? A QDAP is a retirement savings product that comes with tax benefits. It’s designed to provide […]

Maximizing Your Tax Savings with QDAP: A Complete Guide for Hong Kong Taxpayers Read Post »

Hand using a tablet and charts on desk to analyze business data. Ideal for finance, business, and technology themes.

Right-Sizing Your QDAP: Why $60,000 Isn’t Always the Magic Number

When it comes to tax-deductible annuities in Hong Kong, there’s a common misconception that you should always max out your Qualified Deferred Annuity Policy (QDAP) at $60,000 annually. But is this one-size-fits-all approach really the smartest move for your finances? The 17% Tax Rate Sweet Spot The real magic of QDAP tax benefits happens at

Right-Sizing Your QDAP: Why $60,000 Isn’t Always the Magic Number Read Post »

High-rise apartments and skyscrapers in Hong Kong's urban skyline.

Rental Reimbursement vs. Domestic Rent Deduction: Which One Saves You More Tax?

Paying rent in Hong Kong’s expensive property market? You might be eligible for tax savings through either your company’s rental reimbursement scheme or the government’s domestic rent deduction. But which option puts more money back in your pocket? Let’s break down both options in simple terms! How Company Rental Reimbursement Works Many Hong Kong employers

Rental Reimbursement vs. Domestic Rent Deduction: Which One Saves You More Tax? Read Post »

Scroll to Top