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Thread: HSBC-->CCB tax payment wacko strategy to end ***30 Nov***
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Old Nov 23, 2015 | 8:26 am
  #14  
percysmith
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You mean your overpayment to the IRAS in the previous year was applied automatically against your next tax bill?

Nothing extraordinary in that, I went on a massive utilities/rates overpayment exercise when ICBC HK offered me 5.7% rebate on Christmas "purchases" (their definition of purchases included bill payments excluding tax payments). I'm still spending down my power balances and rates overpayments.
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