The Hong Kong terms “emperor of working” refers to highly paid employees whose income surpasses that of many employers. One of the tax measures in the latest budget proposal is the implementation of a two-tier tax rate system for salaries and personal income tax starting from the 2024/25 tax year.
Many people think that being a boss is all about instructing others to do things every day, but the truth is boss has to manage all the things by himself/herself. And does the “self-employed” boss need to pay? Isn’t it just move the money from left hand to right hand? Wait, bosses, pay attention! You as a director of the company, every time you pay out is not only “meaning”, but has practical significance. Make good use of personal allowances and save money when you know how to earn!
