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──Apr 11 , 2022Can I apply for withholding of Personal Salaries Tax?

We are inHong Kong companyFor example, when an employee of a Hong Kong company pays personal salaries tax, the Inland Revenue Department will estimate the salaries tax to be paid in the next year based on the salaries tax of the current year, and then require the employee to pay in advance. This is what we often call pre-tax, so can we apply not to pay this pre-tax? Yes, you can. Now let's explain in detail how to apply for withholding tax on personal salaries tax.

First of all, we need to have a valid reason. The common reason is that the salary of the next year will be reduced, so we do not need to pay so much advance tax. However, this need to be supported by corresponding supporting documents to prove that the salary of the next year will be reduced, and the payment standard will not be reached, or there is no need to pay after deduction. Or resign next year for some reason, will not work in the company, so there is no salary, then there is no salaries tax to pay, this need to provide such supporting documents as separation certificate.

In addition to checking whether you have normal reasons and supporting documents, the tax bureau may also send a letter to your employer to confirm it. Therefore, the reason for applying for the suspension of payment must be valid and genuine.

Can I apply for withholding of Personal Salaries Tax?

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