How to cut tax?
Taxation
What Hong Kong taxpayers mostly concerned is to minimize tax liabilities as much as possible. Reduction of tax can be achieved by the following three aspects:-
- Maximizing the income exempted from tax net
- Claiming the allowable expenses
- Making all eligible allowances
The above areas governed by legislative rules are quite complicated. Amendments for the rules are also frequent to cope with the pace of modern economic environment. As such, HK tax experts like us become taxpayers’ helpful consultants in tax assessment and tax planning.