Interest income from overseas savings account, taxable?

  1. #1

    Join Date
    Mar 2019
    Posts
    3

    Interest income from overseas savings account, taxable?

    I have an overseas savings account in my home country that generates interest income. Is this taxable as personal income in Hong Kong?


  2. #2

    Join Date
    Jan 2010
    Posts
    1,929

    Most income not arising from employment is not taxable in Hong Kong. Even interest income earned in HK is not taxable.


  3. #3

    Join Date
    Dec 2002
    Location
    θ–„ζ‰Άζž—
    Posts
    23,843

    Nope .. in general HK Income is taxable.

    Have a GeoExpat related problem - please create a support ticket.

  4. #4

    Join Date
    Dec 2018
    Posts
    132

    For most individual Hong Kong resident taxpayers, there is no Hong Kong tax to pay on either interest income or income earned from overseas sources.

    The only exception that I am aware of is if the interest is earned as part of a business activity.