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Thread: HSBC-->CCB tax payment wacko strategy to end ***30 Nov***
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Old Nov 23, 2015 | 8:32 am
  #15  
jagmeets
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HSBC-->CCB tax payment wacko strategy to end ***30 Nov***
Yes.

SGP works a little differently- say 2015 tax is 96K, they put you on a monthly plan from June-May'16 for 8k p.m., and continue the 8k till the calculations for the year ending December'15 are done...at which point they'll take the net dr/cr paid till date and apply to the following year's tax (also on a monthly plan).

And that, reminds me (OT) that I need to contact the HK IRD for a refund of part of the tax payed when I left HK- the notional exercise of share grant, which I never got as I changed employers..I got 6y to claim, right?
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