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Greg is a British National. On 1 April 2 0 2 3 , he entered into an employment contract with ABC Limited in London, under
Greg is a British National. On April he entered into an employment contract with ABC Limited in London, under which he is employed as a legal counsel. ABC Limited is a company incorporated in the United Kingdom UK Being a leading management consulting firm in the UK ABC Limited required a team of qualified solicitors as its legal counsels.
Having worked in London for three months, Greg was seconded by ABC Limited to manage its Hong Kong branch from June During the period from June to March Greg stayed in Hong Kong for days. His remuneration for the period comprised a salary of HK$ plus an apartment in Happy Valley, for which he paid rent of HK$ in total. George declared all the relevant income in his tax return and, against which he claimed deduction of the subscription of HK$ to the UK Law Society.
In addition to his employment income, Greg also acquired a residential flat in Hong Kong the Property with tenancy on February In his individual tax return, Greg declared that rental income of HK$ and claimed deduction of his payments for various expenses, including rates of HK$ management fees of HK$ and mortgage interest of HK$ He also elected for Personal Assessment.
Greg is married with no children. As his wife, Wendy did not come with him to Hong Kong, half of Gregs salary was paid in the UK to maintain Wendys living expenses. Wendy did not have any income chargeable to tax in Hong Kong.
Assuming that Greg is eligible for Personal Assessment PA election, prepare Gregs PA Tax Computation showing his tax payable.
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