From arranging additional leave to issuing annual bonuses, here’s how HR teams can prepare for the eight-day Chinese New Year holiday.
Zhuhai’s application deadline is January 5, 2024. Zhaoqing will close applications on January 20, 2024. Guangzhou’s application will end on February 29, 2024. Jiangmen and Zhongshan’s applications are yet to start.
China’s cabinet has raised IIT pre-tax deduction standards on expenses related to childcare, education, and elderly support.
China has implemented special additional deductions under the new IIT Law since 2019, and now it decided to raise the deduction standards on expenses for raising and educating kid and supporting elderly.
Applying for the Preferential Individual Income Tax Policy for High-End and In-Demand Talent in Hengqin, Zhuhai
The Hengqin Cooperation Zone in Zhuhai, Guangdong has released a guide to applying for the preferential IIT policy for high-end and in-demand talent.
China’s macro planner has released a new list of 185 industries that are encouraged for investment in the Hengqin Cooperation Zone of the Greater Bay Area.
We answer frequently asked questions by expatriates on annual IIT reconciliation, when does it apply, and eligibility for tax refunds in China.
We discuss the methods of tax settlement available to expats completing their annual IIT reconciliation in China.