Hi,
I'm a foreigner working in HKG and recently received HKG IRD letter which the total tax assessment required me to pay almost 2-1/2 month of my salary.
I find that the amount is too much and have made an appeal to object the assessment giving reasons of parent allowance & housing loan in my own country. However, the tax officer has advised that they cannot accept the above reasons to reduce my taxes.
Can someone teach me ways to reduces my taxes as I have check thru HKG IRD website but it seems there are no much info. in reducing taxes.
I also ask whether the taxes can be made by installment, however, there will be another 5% interest charged which I think its not worth at all.
Please help. Thanks!