. John is single, and his taxable income (after deduction of all available tax allowances) is...
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. John is single, and his taxable income (after deduction of all available tax allowances) is HK$210,000 in 2023/24. He has bought two Qualified Deferred Annuity Policy (QDAP) policies for himself in the last quarter of 2023, with annual premiums of HK$30,000 and HK$50,000 respectively. How much tax he can save in 2023/24 by buying the QDAP policies? . John is single, and his taxable income (after deduction of all available tax allowances) is HK$210,000 in 2023/24. He has bought two Qualified Deferred Annuity Policy (QDAP) policies for himself in the last quarter of 2023, with annual premiums of HK$30,000 and HK$50,000 respectively. How much tax he can save in 2023/24 by buying the QDAP policies?
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Answer rating: 100% (QA)
In Hong Kong you can claim a tax deduction for the premiums paid for Qualified Deferred Annui... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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