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- Hospital and Other Medical Fees
- Budget For Baby Products
- Approach to The Kid’s Education and Extra-Curricular Activity
- Care Arrangements For The Child and How It Will Impact Your Careers
Unless you plan to get your mother-in-law to stand in as a midwife, your baby is going to be delivered in a hospital. Discuss with your spouse which hospital you wish to use, as well as the type of room needed. Costs under the public healthcare system are quite affordable for locals with a Hong Kong Permanent Identity Card or a Hong Kong Identity C...
If you think looking after a baby isn’t going to be that expensive because babies don’t eat as much as adults, think again. Baby products have the highest turnover rate compared to adults. You might be able to endure wearing your office shirt a couple of days in a row, but there’s no way you’re going to be reusing diapers, or wet wipes, or a whole ...
You want to know just how ambitious of a parent your spouse intends to be so you can gauge your financial readiness to have a child. When it comes to realbulk of costs of raising a child in Hong Kong, educational costs are definitely one of the largest. Some parents want to start enrolling their kids in pre-school preparation classes when they turn...
Unfortunately, maternity leave isn’t forever, and if both you and your spouse intend to keep working you will have to find somebody to look after your child when you go back to work after childbirth. If you are lucky enough to have your parents in close enough proximity to help look after your kid, that can help alleviate the cost of hiring a domes...
2024年5月10日 · Before we start, let’s go through the basics of tax filing so you can grasp some basic ideas. The official name of the tax form is “ Individual Tax Return (BIR60) “. It consists of the following 12 parts: Form Section. Details. 1. Personal Particulars. Name, ID number, address, spouse, etc. 2.
- Anson Chiu
2024年1月2日 · There are 5 main types of MPF funds to choose from. Here’s a quick rundown of how risky each one is: MPF Conservative Fund. MPF Conservative Fund has the lowest risk among the other five MPF Funds. It’s formed by low-risk, short-term bank deposits and short-term bonds. Guaranteed Fund.
- Anson Chiu
- The amount you should contribute to your MPF depends on various factors such as your income, financial goals, and retirement plans. It is recommend...
- In general, you can only withdraw your MPF benefits when you reach the age of 65 and decide to retire. However, there are certain circumstances in...
- When you change jobs, your MPF account remains with your existing trustee. You can choose to leave the funds in the account or transfer them to you...
- It is recommended to regularly review the performance of your MPF fund to ensure that it aligns with your investment goals and risk tolerance. Whil...
- Yes, it is possible to transfer your MPF account to another trustee. This can be done when you change jobs or when you wish to consolidate your MPF...
2023年5月16日 · Startups. Bard vs. ChatGPT: Which AI Is Better For Startups? by Anson Chiu on 16 May 2023. The AI war has just started since Google and OpenAI released their own chatbots—Bard and ChatGPT—vying for supremacy. Both of these chatbots have unique strengths and weaknesses that set them apart from each other.
- Anson Chiu
2023年8月16日 · As his income falls within the highest tax bracket, he is required to pay HK$16,000 for the first HK$200,000 of income and an additional 17% tax on the remaining HK$400,000 of income, which amounts to HK$68,000. Therefore, the total tax that Mr. Lawrence needs to pay is HK$84,000 (HK$16,000 + HK$68,000). Tax calculator.
2023年10月16日 · As you may not know, you can actually deduct your taxes with your residential rental payment because the Hong Kong government has introduced a unique tax deduction scheme for residential tenants in the 2022/2023 tax season, providing an additional tax-saving opportunity with up to HK$100,000 exclusion from the taxable income.
