Email Us | Advertising

Login / Register

User Name
Password

Advertisers


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

Tax Deductions / Education expenses

Reply
 
LinkBack Tools Search Rate Thread
 
Old 04-10-2007, 11:38 AM
mjk's Avatar
mjk mjk is offline
Registered User
 
Join Date: Oct 2005
Location: Ma Wan
Age: 32
Posts: 223
mjk has a spectacular aura aboutmjk has a spectacular aura about
Tax Deductions / Education expenses

My wife is currently studying in HK on a dependant visa with no own income. For my tax return, I am entitled to "Married Persons's Allowance", but I was under the impression that I can also include her course fees into the "tax deductions for education expenses".

A friend of mine is doing exactly this.

As the IRD website and the booklet is not 100% clear about this, i gave them a call today.
I was told that only my wife could include those fees, which is imposible as she has no income and therefore does not file a tax return. The explanation I received over the phone was that only expenses to "maintain" qualifications can be included, and as she has no job, these expenses do not qualify.

My point is... the IRD guidlines clearly say that expenses for "gaining or maintaining qualifications" are deductible. And I thought it is only fair to include them, as I am paying for them with my salary.

Anybody has experience with this? Worth discussing this further with IRD? My friend says I should include it anyway, but I am not convinced that this is really a good idea...
Reply With Quote
 
Old 08-10-2007, 08:08 AM
KnowItAll's Avatar
Resident Peacekeeper
 
Join Date: Apr 2003
Location: Pokfulam
Age: 40
Posts: 10,748
Blog Entries: 11
KnowItAll has a reputation beyond reputeKnowItAll has a reputation beyond reputeKnowItAll has a reputation beyond reputeKnowItAll has a reputation beyond reputeKnowItAll has a reputation beyond reputeKnowItAll has a reputation beyond reputeKnowItAll has a reputation beyond reputeKnowItAll has a reputation beyond reputeKnowItAll has a reputation beyond reputeKnowItAll has a reputation beyond reputeKnowItAll has a reputation beyond repute
Without speculating and overcomplicating too much, I'd say . throw the deductions in. If they don't accept .. then pay.
Reply With Quote
Reply


Similar Threads
Thread Thread Starter Forum Replies Last Post
Hidden Expenses ExpatInTraining Planning your move 6 12-07-2007 07:16 PM
HK life expenses ouinouin Everything Else 3 25-03-2007 12:14 PM
Hk Basic Expenses PEN150 Planning your move 38 24-11-2006 02:39 PM
Simple and complicated tax questions for USA tax payers tsuiwah Business and Finance 3 16-01-2006 04:15 PM
Expenses in HK nilesh_mhatre Planning your move 9 17-07-2003 01:03 PM


Tools Search
Search:

Advanced Search
Rate This Thread
Rate This Thread:



All times are GMT +8. The time now is 12:44 PM.


Quick Nav

Partners

Small Business Ads

Advertise Here

Content Relevant URLs by vBSEO 3.1.0 ©2007, Crawlability, Inc.