Income Tax in Australia

Anger among taxpayers over threshold's delays

12 Sep 2011

Some regional taxation bureaus have been accused of violating the mainland's new personal income tax law, which this month raised the tax threshold from 2,000 yuan (HK$2,400) to 3,500 yuan, state...

7:14PM

Slowdown in revenue growth likely

15 Jul 2011

The mainland's fiscal revenue rose 31.2 per cent year on year to 5.69 trillion yuan (HK$6.85 trillion) in the first half of this year, continuing a trend that has seen this revenue outpace growth...

2:48PM

NPC votes for bigger rise in tax threshold

1 Jul 2011

The mainland's top legislature has approved a bigger increase in the income tax threshold in a rare case of public outcry resulting in a significant change to proposed legislation.

1:46PM

Some praise but most still not satisfied

1 Jul 2011

The adjustment to the mainland's income tax threshold won some applause from the public yesterday, but most people still think it's too low.

1:46PM

Draft tax law sets record for feedback

1 Jun 2011

The draft amendment to the personal income tax law has made history by attracting a record 230,000 items of feedback in a month-long online public consultation.

11:21AM

Talking points

31 May 2011

Our editors will be looking ahead today to these developing stories...

Public comment closes on tax changes

11:17AM

Opinion

Placating graduates a work in progress

5:24AM

George Chen

For HSBC, the first love is apparently not the deepest

7:12AM

Tax threshold to be increased by 1,000 yuan per month

A draft amendment by the State Council will be submitted to the National People's Congress Standing Committee to raise the threshold for paying personal income tax in a move to benefit low and...

7:26PM

Bid to cool hopes of rise in tax threshold

The Finance Ministry's suggestion in a report that raising the threshold of the mainland's relatively low personal income tax would benefit high-income people the most appears to be aimed at...

9:36PM

New tax-free threshold too low, say critics

When the Standing Committee of the National People's Congress meets today to endorse changes to the country's income tax regime, it is unlikely to end the debate.

3:09PM

Settlement payouts not taxable: doctors

About 4,600 doctors awarded a total of HK$629 million in back pay after a landmark court ruling should not have to pay tax on their payments, a judicial review application states.

11:11AM

Most high-income earners set to ignore tax deadline

Many play a wait-and-see game over revised law

The first year of the mainland's new taxation system is expected to be a failure, with the overwhelming majority of high-income...

12:26AM

Sales levy could see tax rate cut to 11pc

Significant widening of tax bands also suggested in government's consultation

11:06PM