Forum
« back to latest questions

I have drawn salaries from my business. How should I report this income in the Tax Return – Individuals?

I have drawn salaries from my business. How should I report this income in the Tax Return – Individuals?

2011-10-31 05:41 PM
|
Harry He
 

1 Answer

Your Answer:

Your Name:

0

If your business is a sole-proprietorship business or partnership business, salary paid to you should be included as part of your business profits and is chargeable to "Profits Tax" and not "Salaries Tax".

2011-10-31 06:10 PM
|
Barry
CMS - web.calvin.hk