they have indeed only one ductible, no children relief, they wanted
less population and they dun care about your parents too, all is
expected to work and save.
I just been to HK and get to know their social impact
from my HK business partner and you tell me i got no
where to go?? You must be joking.
You know, angel7030
the further you go on this topic, the deeper the hole you
dig
I refer to an extract from the article:
"There are also tax allowances for children
and for various categories of dependent relatives (parents,
grandparents, siblings, etc). The effect of
these is to exempt the first part of the taxpayer's income from tax
- the amount exempted depending on the taxpayer's personal
circumstances (marital status, number of children,
etc)."
In short, there are tax deductibles for children AND parents,
and EVEN grandparents (which Singapore does not have)
Whether you had been to HK or not, is not my concern.
What is A FACT right now, is that you know NOTHING about the HK
Tax system, and yet you behave as if you know it. Be gracious and
admit it and just shut up, and perhaps you will spare yourself
further embarassment.