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Hong Kong's 2015 Budget

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  1. #51

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    Just wanted to confirm (if anyone knows)

    Say I have just paid provisional tax for 2014/2015 (paid just last month)

    Then will i get a tax rebate right away? (In form of cheque etc)


  2. #52

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    Tax rebates should be settled with your next bill which will show up later in the year.


  3. #53

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    Thanks Shri

    Not sure how this one will play out... Might go ask directly at ird

    I have just paid over 40k in provisional tax for 2014/2015 however for various reasons my calculations say my tax bill for 2015 should only be around $9,000hkd (before the reduction) so technically I am at least entitled to the $20,000hkd rebate

    This tax stuff is So confusing !


  4. #54

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    Quote Originally Posted by Twonga:
    Thanks Shri

    Not sure how this one will play out... Might go ask directly at ird

    I have just paid over 40k in provisional tax for 2014/2015 however for various reasons my calculations say my tax bill for 2015 should only be around $9,000hkd (before the reduction) so technically I am at least entitled to the $20,000hkd rebate

    This tax stuff is So confusing !
    Well you've not had your tax bill for 2014/15 yet so it's a little early to be demanding a rebate.

  5. #55

    Join Date
    Jul 2009
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    Quote Originally Posted by Claire ex-ax:
    Well you've not had your tax bill for 2014/15 yet so it's a little early to be demanding a rebate.
    Worse, the budget hasn't been passed by Legco or subject to filibusting by the radical democrats yet

  6. #56

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    Quote Originally Posted by ray98:
    Worse, the budget hasn't been passed by Legco or subject to filibusting by the radical democrats yet
    Ah... but CY has asked for no filibustering so that's okay then.
    ray98 and East_coast like this.

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