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25-10-2005, 09:51 AM
| | Registered User | | Join Date: Sep 2004
Posts: 149
| | | Paying taxes with credit card
I'm told that we have to pay quite of money come tax time, and that we should be able to use credit card to pay them to get mileages/points.
I've called my credit card company and was told that I would have to pay 1% fee for this convenience. Are there other credit card programs that does not charge fees? What programs would you recommend to use with obviously the least amount of fee paid (preferrably none) to the most generous rewards? Any comment/help on this would be appreciated. Thanks a lot. | |
25-10-2005, 09:54 AM
| | Registered User | | Join Date: Jun 2005 Location: Hong Kong
Posts: 6,384
| | | HSBC Credit cards offer 1 AsiaMile per 12HKD on tax payments, with no fee.
I believe that some Citibank cards also offer points for tax payment, but unfortunately this doesn't include the Citi/Cathay cobrand card (or at least it didn't last year - maybe more will do it this year). | |
25-10-2005, 08:56 PM
| | Registered User | | Join Date: Sep 2004
Posts: 149
| | Quote: |
Originally Posted by PDLM HSBC Credit cards offer 1 AsiaMile per 12HKD on tax payments, with no fee.
I believe that some Citibank cards also offer points for tax payment, but unfortunately this doesn't include the Citi/Cathay cobrand card (or at least it didn't last year - maybe more will do it this year). | PDLM, thanks for the quick response. . do I need to notify HSBC in advance that I intend to pay my taxes by CC or just do it? Thanks. | |
25-10-2005, 08:58 PM
|  | Registered User | | Join Date: Nov 2004 Location: Third Sphere of Paradiso Age: 37
Posts: 721
| | Quote: |
Originally Posted by HKfornow PDLM, thanks for the quick response. . do I need to notify HSBC in advance that I intend to pay my taxes by CC or just do it? Thanks. | Just do it  You can do it through their online service. Just a few clicks away.. | |
26-10-2005, 02:03 AM
| | Registered User | | Join Date: Jun 2005 Location: Hong Kong
Posts: 6,384
| | | Assuming that it is salaries tax then just do it. Paying profits tax as a sole trader or company is, I understand, not possible. | |
26-10-2005, 08:19 AM
|  | Registered User | | Join Date: May 2005 Location: Hong Kong
Posts: 3,740
| | | It is possible. | |
26-10-2005, 10:56 AM
| | Registered User | | Join Date: May 2004
Posts: 39
| | | Can tax payment be made w/ any CC?...even amex? | |
26-10-2005, 10:59 AM
| | Registered User | | Join Date: May 2005 Location: Hong Kong
Posts: 3,740
| | | AMEX will probably charge you to do that.
VISA issued by HSBC (amongst others) will not charge you but you need to do it through HSBC's online banking. | |
31-10-2005, 02:37 PM
| | Registered User | | Join Date: Sep 2004
Posts: 149
| | Quote: |
Originally Posted by PDLM HSBC Credit cards offer 1 AsiaMile per 12HKD on tax payments, with no fee.
I believe that some Citibank cards also offer points for tax payment, but unfortunately this doesn't include the Citi/Cathay cobrand card (or at least it didn't last year - maybe more will do it this year). | I walked into Citibank last week, and the customer service rep told me that NONE of their credit card will allow payment for taxes. . . so guess that leaves Diners Club out as well. | | Tools | Search | | | | | Rate This Thread | | | All times are GMT +8. The time now is 01:24 AM. | |
