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What is the meaning of "Personal Assessment”?

What is the meaning of "Personal Assessment”?

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Ms. Han
 

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Under the Inland Revenue Ordinance, there are 3 types of direct taxes, namely, Salaries Tax, Profits Tax and Property Tax. Personal Assessment is not a tax levy. It is a method of computation of tax (by combining all 3 types of income) that may lighten the tax burden of certain categories of taxpayers.

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Racheal
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