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  • 1 Post By yanchee

Working in HK but employed by UK company

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  1. #1

    Join Date
    Mar 2018
    Posts
    2

    Working in HK but employed by UK company

    Hi all,

    I recently moved to live and work in HK, but I am employed by a UK company.

    I receive a salary into my HK bank account, which is my agreed UK gross salary minus UK National Insurance and a UK pension contribution. I will get taxed again by HK Salaries Tax.

    Can anyone confirm whether what I'm receiving in my HK bank account is considered to be my gross HK salary? Or is my full UK gross salary subject to HK Salaries Tax? I would think it unfair if it were the latter.

    Also, am I entitled to MPF? Employed by UK company and receive pension contributions in the UK.

    Thanks!

    itsdawn likes this.

  2. #2

    Join Date
    Feb 2011
    Location
    Hong Kong
    Posts
    6,331

    Why not ask your company to set up a company and pay you via HK. You would thus pay HK taxes and get MPF.

    What is subject to HK tax depends on what your employer reports to HK IRD. If they don't have a HK company then nothing to report.

    What is your immigration status in HK?


  3. #3

    Join Date
    May 2006
    Location
    Pampanga, Philippines
    Posts
    20,210

    In this situation it is honesty based because there is no HK employer to declare your earnings. It will be net of NI and pension contribution if that is what you declare and this will match what is going into your account.

    As you are contributing to NI and a work pension you don't need MPF.


  4. #4

    Join Date
    Nov 2007
    Location
    Wanchai
    Posts
    4,007

    What is your visa status?

    If there is no HK Company then surely there is also no sponsor for the visa and they are working here illegally. Unless of course they already have PR/Right of Abode.


  5. #5

    Join Date
    Mar 2018
    Posts
    2

    My company isn't opening a HK company yet. I have permanent residency and my working presence in HK has been reported.

    I think my original questions still stand...

    Trebor likes this.

  6. #6

    Join Date
    Nov 2007
    Location
    Wanchai
    Posts
    4,007

    MPF is only mandatory if no other pension contributions are being paid overseas.

    Besides a UK Company wont fall under MPF rules anyway. I think if they were to eventually incorporate in HK and employ you through that then you could have a case for MPF.

    The other question is surely one for your employer, how are we to know what is Gross and what is net without knowing the actual figures.


  7. #7

    Join Date
    Oct 2010
    Posts
    18,897
    Quote Originally Posted by yanchee
    My company isn't opening a HK company yet. I have permanent residency and my working presence in HK has been reported.

    I think my original questions still stand...
    Drop the Inland Revenue department a line, they'll be able to answer your question in seconds.

    https://www.ird.gov.hk/eng/cu_enqs.htm#ge_cte

    I strongly suspect your net salary would be assessable for Salaries Tax, so after your UK NICs and pension contribution were deducted. I am sure they will be able to answer one way or the other though.