{"id":5214,"date":"2023-10-18T12:34:28","date_gmt":"2023-10-18T04:34:28","guid":{"rendered":"https:\/\/reaphk.com\/allowances-2022-23\/"},"modified":"2025-12-05T17:43:18","modified_gmt":"2025-12-05T09:43:18","slug":"allowances-2022-23","status":"publish","type":"post","link":"https:\/\/reaphk.com\/en\/allowances-2022-23\/","title":{"rendered":"Allowances 2022-23"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"5214\" class=\"elementor elementor-5214 elementor-3110\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4c668f6 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4c668f6\" 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-81bb84c\" data-id=\"81bb84c\" 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-f7a54a7 elementor-widget elementor-widget-text-editor\" data-id=\"f7a54a7\" 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<h3><strong>Allowances 2022-23<\/strong><\/h3><h2>Salaries Tax\/Personal Assessment \/ Allowances, Deductions<\/h2><p>The basic allowance is $132,000 for individuals and $264,000 for married taxpayers. Additional allowances are granted to each dependent family member, including children, siblings, parents, grandparents aged 55 or above. Some special circumstances such as single-parent families and persons with disabilities are also subject to additional allowances. <\/p><p>\u2013 Basic tax allowance: HK$132,000<\/p><p>\u2013 Married person&#8217;s allowance: HK$264,000<\/p><p>\u2013 Child Allowance (per child):<\/p><p>\u2013 1st to 9th child: HK$130,000<\/p><p>\u2013 An additional HK$130,000 will be granted for each child in the year of assessment in which the child is born<\/p><p>\u2013 Dependent sibling allowance: HK$37,500<\/p><p>\u2013 Dependent Parent and Dependent Grandparent Allowance (per person):<\/p><p>\u2013 If aged 55 or above but under 60: HK$25,000<\/p><p>\u2013 If aged 60 or above: HK$50,000<\/p><p>\u2013 Aged under 60 but eligible to claim allowance under the Government&#8217;s Disability Allowance Scheme: HK$50,000<\/p><p>\u2013 Additional Dependent Parent and Dependent Grandparent Allowance (per parent):<\/p><p>\u2013 If aged 55 or above but under 60: HK$25,000<\/p><p>\u2013 If aged 60 or above: HK$50,000<\/p><p>\u2013 Aged under 60 but eligible to claim allowance under the Government&#8217;s Disability Allowance Scheme: HK$50,000<\/p><p>\u2013 Single parent allowance: HK$132,000<\/p><p>\u2013 Disabled Dependant Allowance: HK$75,000<\/p><p>\u2013 Disabled person allowance: HK$75,000<\/p><p>Hong Kong Inland Revenue Department https:\/\/www.ird.gov.hk\/chi\/tax\/budget.htm#a01<\/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>Allowances 2022-23 Salaries Tax\/Personal Assessment \/ Allowances, Deductions The basic allowance is $132,000 for individuals and $264,000 for married taxpayers. Additional allowances are granted to each dependent family member, including children, siblings, parents, grandparents aged 55 or above. Some special circumstances such as single-parent families and persons with disabilities are also subject to additional allowances. &hellip;<\/p>\n","protected":false},"author":4,"featured_media":4552,"comment_status":"open","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":[53,50,52,55],"tags":[],"class_list":["post-5214","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate-tax-returns","category-directors-shareholders","category-incorporation-of-a-limited-company","category-incorporation-of-unlimited-companies"],"_links":{"self":[{"href":"https:\/\/reaphk.com\/en\/wp-json\/wp\/v2\/posts\/5214","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\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/reaphk.com\/en\/wp-json\/wp\/v2\/comments?post=5214"}],"version-history":[{"count":1,"href":"https:\/\/reaphk.com\/en\/wp-json\/wp\/v2\/posts\/5214\/revisions"}],"predecessor-version":[{"id":5215,"href":"https:\/\/reaphk.com\/en\/wp-json\/wp\/v2\/posts\/5214\/revisions\/5215"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/reaphk.com\/en\/wp-json\/wp\/v2\/media\/4552"}],"wp:attachment":[{"href":"https:\/\/reaphk.com\/en\/wp-json\/wp\/v2\/media?parent=5214"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/reaphk.com\/en\/wp-json\/wp\/v2\/categories?post=5214"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/reaphk.com\/en\/wp-json\/wp\/v2\/tags?post=5214"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}