Question
John Smith (HKID# B1234567) has been employed by Digital Ltd., a trading company in Hong Kong, as an accountant since 2013. During the year: John
John Smith (HKID# B1234567) has been employed by Digital Ltd., a trading company in Hong Kong, as an accountant since 2013.
During the year:
John received salaries of $1,000,000.
John made mandatory contributions of $18,000 to an MPF scheme.
John donated $40,000 to the World Vision, an approved charitable organization in Hong Kong.
John paid an annual membership subscription to the Hong Kong Institute of Certified Public Accountants (HKICPA) $3,000.
John is single and does not have any dependents. He does not have any other types of income.
Required:
Calculate Johns salaries tax liabilities. (Input numbers only, NO comma)
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