Individual tax healthcheck

It is difficult for employers to know precisely the individual income tax treatment of certain employee benefits and the extent of employer reporting and/or withholding obligations. This leads to reputation and financial risks, which are becoming more real as the tax authorities enforce stricter compliance in this area.

What can PwC International Assignment Services help you?

We have extensive experience in advising employers of their reporting / withholding requirements. The scope of our services can be tailored to meet with the exact requirements of companies. Our services include the review of:

Items	Hong Kong	China
Housing benefits	Applicable	Applicable
Employee home loan arrangements	Applicable	-
Employer reporting on benefits-in-kind	Applicable	Applicable
Equity-based compensation	Applicable	Applicable
Reporting of inbound and outbound assignees	Applicable	Applicable
Employment terms for legal compliance	Applicable	Applicable
Dual contract or split pay arrangements or time apportionment filing basis	Applicable	Applicable
Re-design and implementation of tax effective remuneration packages	Applicable	Applicable
Procedural manuals on employer's reporting	Applicable	Applicable
Assistance in preparation and filing of amended tax returns, including review of the late payment interest, tax underpayment penalty and late filing penalty assessment	Applicable	Applicable

Contact us

James Clemence

Partner

Tel: +[852] 2289 1818