Hi,
My question is related to the "Tax Reduction Measure" which usually gets approved/announced in February of each year. If someone leaves in December 2017, they will need to adjust and clear their taxes for 2017/18 before that date. And since the 2017/18 reduction is not yet announced, does that mean they will not be able to received the reduction? Or will they get the reduction (e.g. 75% up to HKD20,000) back sometime after April 2018?
I've tried calling the IRD, but the person on the phone was not able to answer this question. They simple said I should file the forms and the relevant department will tell me how much I owe.