Hello there,
First time I am submitting tax return in HK and would like to seek advise on what is the most advantageous approach for the rental reimbursement portion. I will be submitting the tax return through ESDlife and I either just submit the total rental reimbursement or with a "Rateable value".
For example, if income accruing for the taxable period is HKD800,000 and total rental reimbursements is 100,000. Question is, should I just report the above or together with a rateable value. If it is advantageous to submit a rateable value, is there any guidelines (e.g. I just plug in a number or it has to have an official valuation, etc)?
Thanks in advance