Question
. John is single, and his taxable income (after deduction of all available tax allowances) is HK$210,000 in 2023/24. He has bought two Qualified
. John is single, and his taxable income (after deduction of all available tax allowances) is HK$210,000 in 2023/24. He has bought two Qualified Deferred Annuity Policy (QDAP) policies for himself in the last quarter of 2023, with annual premiums of HK$30,000 and HK$50,000 respectively. How much tax he can save in 2023/24 by buying the QDAP policies?
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
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