Unlock Opportunities in the GBA: Personal Tax, Employment and Industry Strategies
Tax experts from Deloitte China -- Rebecca Lai, Kenneth Peh and Kelvin Ku -- spoke at a Chamber webinar on 5 February. They introduced the details of Mainland China’s Individual Income Tax (IIT) subsidy, including the tax residence rule, six -year rule, tax exemptions and deductions. Ultimately, this subsidy enables qualifying individuals to pay a similar rate of personal tax as they do in Hong Kong.
The speakers also discussed the recently launched GBA Youth Employment Scheme, which encourages Hong Kong graduates to develop their careers in the Greater Bay Area. Besides introducing the key aspects of the scheme, they also shared their insights on the talent movement pattern across the Mainland-Hong Kong border.
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