Tax Saving Tip #4: Hong Kong Surplus Waiver

Marketing ACCOUNTING & AUDITING

ATTENTION BUSINESS OWNER: Hong Kong’s government budget has consistently saved you money. You don’t believe me? Well, Hong Kong has a tax-friendly law that particularly benefits SME’s. When Hong Kong runs a government budget surplus (brings in more money than they spend) part of your tax is waived. And the waiver is no laughable amount; it is 75 percent of …