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Hong Kong > Forums  > Hong Kong Forums  > Living in Hong Kong  > Business and Finance

Tax and Medical Advice Sought

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Old 19-07-2006, 09:00 PM
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Cool Tax and Medical Advice Sought

I have been offered a job in HK which I am keen to accept but I do not know what the tax rate is, or whether there is state health care, or whether you need to get private insurance.

Can anyone help ?
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Old 20-07-2006, 12:09 AM
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Tax is between 15%-20%. Not sure about health insurance costs for you, but some employers provide it if you're an expat moving overseas.

Good luck!
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Old 24-07-2006, 12:00 PM
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Go to the HK govt IRD website for the tax rates. People earning around HK $1m or more are subject to a flat rate of 15%. Any income lower than that, the tax rate will be lower.

Most employers offer medical insurance, with some including a list of penal doctors.
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Old 24-07-2006, 12:40 PM
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Originally Posted by Kat123
People earning around HK $1m or more are subject to a flat rate of 15%.
It's 16% now... http://www.ird.gov.hk/eng/pdf/pam61e.pdf
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