{"id":4793,"date":"2025-03-06T13:38:08","date_gmt":"2025-03-06T05:38:08","guid":{"rendered":"https:\/\/reaphk.com\/2024-25-personal-assessment-allowance\/"},"modified":"2025-12-05T13:07:21","modified_gmt":"2025-12-05T05:07:21","slug":"2024-25-personal-assessment-allowance","status":"publish","type":"post","link":"https:\/\/reaphk.com\/en\/2024-25-personal-assessment-allowance\/","title":{"rendered":"2024\/25 Personal Assessment Allowance"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"4793\" class=\"elementor elementor-4793 elementor-3967\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-72f2c71 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"72f2c71\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-23f4950\" data-id=\"23f4950\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-d724f91 elementor-widget elementor-widget-text-editor\" data-id=\"d724f91\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<ol><li><strong>Basic allowance<\/strong><\/li><\/ol><p><strong>Applicable Objects:<\/strong> All members of the public who are subject to salaries tax or tax under personal assessment.<br><strong>Amount:<\/strong> <strong>$132,000<\/strong><\/p><ul><li>This allowance is available to all taxpayers, regardless of whether they have dependent children or parents.<\/li><\/ul><ol start=\"2\"><li><strong>Spousal allowance<\/strong><\/li><\/ol><p><strong>Suitable for:<\/strong> Married persons (including opposite-sex and same-sex marriages) who live with their spouses or who are separated but still have financial support.<br><strong>Amount:<\/strong> <strong>$264,000<\/strong><\/p><p>\u2705 <strong>How to apply? <\/strong><\/p><ul><li>If the spouse <strong>has no salary income<\/strong> and <strong>has not elected for personal assessment<\/strong>, he or she may fill in <strong>No in Box 136 of Part<\/strong> <strong>11.1<\/strong> of the <strong>tax return.<\/strong><\/li><li>If you are separated but still have a dependent spouse, you can add a &#8220;&#8221; \u2714 sign in <strong>box<\/strong> <strong>137<\/strong> and indicate the maintenance expenses paid.<\/li><li>If <strong>both parties have income<\/strong> and wish to <strong>file a joint tax return<\/strong>, <strong>they can<\/strong> <strong>select &#8220;Joint Assessment&#8221; in Part<\/strong> <strong>4.4<\/strong> or <strong>fill in &#8220;Yes&#8221;<\/strong> in <strong>Box 66<\/strong> <strong>of Section<\/strong> <strong>7.1b<\/strong>.<\/li><li>The spouse is <strong>required to<\/strong> <strong>sign<\/strong> Part <strong>12<\/strong> to give consent to joint tax return or joint election for personal assessment.<\/li><\/ul><ol start=\"3\"><li><strong>Child allowance<\/strong><\/li><\/ol><p><strong>Eligibility:<\/strong> Dependent unmarried children who meet one of the following conditions:<\/p><ol><li><strong>Under the age of 18<\/strong><strong><\/strong><\/li><li><strong>Full-time students aged<\/strong> <strong>18<\/strong> <strong>to 24<\/strong><\/li><li><strong>18<\/strong> <strong>years of age or older who<\/strong> <strong>are unable to work due to physical\/mental problems<\/strong><\/li><\/ol><p><strong>Amount:<\/strong> <strong>$130,000<\/strong> per child<br><strong>Additional allowance:<\/strong> An additional <strong>$130,000<\/strong> will be paid if a child is born during the year of assessment<\/p><p>\u2705 <strong>Notes to Applicants<\/strong><\/p><ul><li>If you live with your spouse, <strong>only one of them can apply<\/strong>.<\/li><li>If the application is made at the same time as the separated or divorced spouse, it is necessary to agree on how to share the shares, otherwise the IRD will decide on the basis of the contribution of maintenance and education expenses.<\/li><li>It <strong>is advisable to apply for the higher income party<\/strong>, but if this would result in a <strong>standard rate<\/strong> assessment, the other party should apply.<\/li><\/ul><ol start=\"4\"><li><strong>Dependent Parent\/<\/strong><strong><strong>Grandparent Allowance<\/strong><\/strong><\/li><\/ol><p><strong>Suitable for:<\/strong> Dependent parents, grandparents aged <strong>55<\/strong> <strong>or above<\/strong>, who <strong>ordinarily reside in Hong Kong<\/strong>.<\/p><p><strong>Amount:<\/strong><\/p><ul><li><strong>Ages 55<\/strong> <strong>to 59<\/strong><strong>: <strong>$25,000<\/strong><\/strong><\/li><li><strong>Aged 60<\/strong> <strong>or above \/ <\/strong><strong>eligible for Disability Allowance<\/strong>: <strong>$50,000<\/strong><\/li><li><strong>Living with an elderly person throughout the year<\/strong>: double allowance<\/li><\/ul><p>\u2705 <strong>How to apply? <\/strong><\/p><ul><li>If you stay with the elderly for <strong>at least<\/strong> <strong>6<\/strong> <strong>months<\/strong>, you will be entitled to <strong>double the allowance<\/strong>.<\/li><li>If <strong>you do not live together<\/strong>, you will have to pay at least <strong>$12,000<\/strong> per year for living expenses.<\/li><li>If an elderly person is admitted to a residential care home and has claimed deduction for <strong>elderly residential care expenses<\/strong>, he\/she <strong>cannot claim the allowance at the same time<\/strong>.<\/li><li><strong>Each elderly person can only apply by one person<\/strong>, and cannot be shared by more than one person.<\/li><\/ul><ol start=\"5\"><li><strong>Disabled Dependant Allowance<\/strong><\/li><\/ol><p><strong>Applicable to:<\/strong> Dependents who are eligible for **Hong Kong Government Disability Allowance**, including:<\/p><ul><li>spouse<\/li><li>children<\/li><li>Parents, grandparents, maternal grandparents<\/li><li>Brothers and sisters<\/li><\/ul><p><strong>Amount:<\/strong> <strong>$75,000<\/strong> (additional tax exemption, no impact on the allowance for married, children or dependent elderly)<\/p><p>\u2705 <strong>Proof must be provided for the application<\/strong><br>One of the following documents can be submitted:<\/p><ol><li><strong>Disability Allowance File Number of the Social Welfare Department<\/strong><\/li><li><strong>Medical assessment report issued<\/strong> <strong>by the Department of Health\/<\/strong>Hospital Authority<\/li><li><strong>Medical assessment report issued by a registered medical practitioner in a private hospital (if it is not suitable to be sent to a public hospital for assessment)<\/strong><\/li><\/ol><p>\u2705 <strong>How to apply? <\/strong><\/p><ul><li><strong>Add an &#8220;&#8221;<\/strong> <strong>\u2714<\/strong> <strong>sign<\/strong> in the appropriate space in Part<strong> <strong>11.1<\/strong><strong>, 11.2<\/strong> <strong>and\/<\/strong><strong>or 11.4<\/strong><\/strong><\/li><li>The Inland Revenue Department may <strong>check with the Social Welfare Department<\/strong><\/li><\/ul><p><strong>Summary &amp; <\/strong><strong>Recommendations<\/strong><\/p><ol><li>A basic allowance of <strong>$132,000<\/strong> is available to <strong>all taxpayers<\/strong>.<\/li><li>An additional <strong>$264,000<\/strong> spousal allowance will be granted to <strong>married persons<\/strong> (depending on the spouse&#8217;s income).<\/li><li>$<strong>130,000<\/strong> allowance <strong>per child<\/strong> and <strong>an additional<\/strong> <strong>$130,000<\/strong> if born in the same year.<\/li><li>The allowance for <strong>elderly dependents<\/strong> is up to <strong>$100,000<\/strong> depending on their age and whether they live together.<\/li><li>An additional <strong>$75,000<\/strong> allowance is available for <strong>supporting a disabled dependant<\/strong>.<\/li><\/ol><p>\ud83d\udca1 <strong>How to reduce taxes most effectively? <\/strong><\/p><ul><li><strong>The parent with the higher income applies for the child allowance<\/strong>, unless it results in a standard rate assessment.<\/li><li><strong>Elderly dependents should live with them as far as possible<\/strong> in order to receive double allowance.<\/li><li><strong>Ensure that all applications have sufficient supporting documents<\/strong> to avoid rejection due to insufficient information.<p>Inland Revenue <a href=\"https:\/\/www.ird.gov.hk\/chi\/ese\/st_comp_2025_26_budget\/cstcfrm.htm\" target=\"_blank\" rel=\"noopener\">https:\/\/www.ird.gov.hk\/chi\/ese\/st_comp_2025_26_budget\/cstcfrm.htm<\/a><\/p><\/li><\/ul><p> <\/p><p> <\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Basic allowance Applicable Objects: All members of the public who are subject to salaries tax or tax under personal assessment.Amount: $132,000 This allowance is available to all taxpayers, regardless of whether they have dependent children or parents. Spousal allowance Suitable for: Married persons (including opposite-sex and same-sex marriages) who live with their spouses or who &hellip;<\/p>\n","protected":false},"author":9,"featured_media":4654,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4793","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-not-categorized"],"_links":{"self":[{"href":"https:\/\/reaphk.com\/en\/wp-json\/wp\/v2\/posts\/4793","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/reaphk.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/reaphk.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/reaphk.com\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/reaphk.com\/en\/wp-json\/wp\/v2\/comments?post=4793"}],"version-history":[{"count":3,"href":"https:\/\/reaphk.com\/en\/wp-json\/wp\/v2\/posts\/4793\/revisions"}],"predecessor-version":[{"id":4799,"href":"https:\/\/reaphk.com\/en\/wp-json\/wp\/v2\/posts\/4793\/revisions\/4799"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/reaphk.com\/en\/wp-json\/wp\/v2\/media\/4654"}],"wp:attachment":[{"href":"https:\/\/reaphk.com\/en\/wp-json\/wp\/v2\/media?parent=4793"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/reaphk.com\/en\/wp-json\/wp\/v2\/categories?post=4793"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/reaphk.com\/en\/wp-json\/wp\/v2\/tags?post=4793"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}