QUOTE(Trevor Keegan @ Apr 17 2009, 01:45 PM)
However, please note that the EA form does not show the income with the exempted amount removed! This means that if you are taking the income directly from the EA form.....you may be declaring your income as being higher than it should be.
TAXSAYA, automatically takes the section G (if you have it in the EA form, otherwise you need to be able to prove that the amount is exempted) into account, so that you do not need to worry about recalculating things in the HK2.
Hi Trevor, I finally get to look at the new EA Form and there was a G section for the tax exempt.
Assuming i have allowance A, B and C, whereby only A and B is exempted.
Originally, my EA form Section B, is a total of
1. Salary
2. Allowance total of A,B,C
which total to be my taxable income.
So if im declaring my allowance A and B (since it is exempted now) to section G. Does the Section B allowance still show a total of A, B, C or just only C? from what you mentioned above, i gather that it should still show the total of A, B, C. Then if i take the total income at Section B, i'm still being tax at a
higher income. Do i manually deduct my income before putting into e-BE form?
Also, my HR say something is not so easy and u need to justify i rili use that amount.. like your distance from home, monthly usage of ur mobile etc etc.. i was wondering, since it is a
fixed allowance, why do I still need to justify. All along i only know that if you wanna claim variable allowance, you only need to have receipt to justify it.
thanks
This post has been edited by exshige: Apr 21 2009, 11:21 AM