Thanks for all the detailed advice. I still have some qs and hope you can help.
I understand the housing allowance thing and the first $100k tax free but can you please confirm that when I do get the bill I will have to effectively pay tax for the year gone and the year coming so therefore need to be saving 32% to be safe.
I just got the income summary from HR and was told the bill from the IRD would come in the post - 1 month on and no bill so I check with HR and am told that b/c I am new it will probably be another 3mths to get the bill so need to be sure all my money doesn't disappear into the abyss that is shopping, travel and fun.
Also this link explains the housing quite well.
http://www.horwath.com.hk/-HW.asp?-n...lications2.asp