A tax on being fired

How much tax will you pay on your termination payments? Some advice from PricewaterhouseCoopers.

Will you have to pay tax on termination payments

If you are unfortunate enough to be on the receiving end of the Big Envelope this is a proverbial Chinese phrase used to describe someone who has just been made redundant, the least of your worries would probably be the amount of tax you have to pay on your termination payments. Well, this might be true if you are unfazed by the low level of taxes in Hong Kong, but...

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