TNAG-2092-FCO40-2978-Royal-Hong-Kong-Police-Force-1990 — Page 76

G

10. CHILD ALLOWANCES

the

•

The child allowances are given for unmarried children who are either under 18 during the year of assessment, or over 18 but under 25 during year of assessment and receiving full time education at a university, school or other similar educational establishment. In addition, child allowance is granted for a child of any age who is incapacitated for work by reason of physical or mental disability.

11. DEPENDENT PARENT ALLOWANCE

An allowance of $11,000 in respect of each dependent parent maintained by the taxpayer or his wife (but not a wife living apart) may be claimed. To qualify for the allowance the parent must, at any time during the tax year

have been a permanent resident in Hong Kong,

have been aged 60 years or more, or eligible to claim an allowance under the Government's Diability Allowance Scheme, and

have either resided with the taxpayer, otherwise than for full valuable consideration, for 3 continuous period of 6 months or have received from him or his wife not less than $1,200 in money towards his/her maintenance.

Only one individual can be granted the allowance in respect of any one parent. If more than one individual is entitled to claim in respect of the same parent, the persons eligible to claim must agree among themselves which one of them is to have the allowance.

An Additional Dependent Parent Allowance of $3,000 is given for each dependent parent actually living with the taxpayer throughout the tax

year.

12.

SINGLE PARENT ALLOWANCE

From the year 1989/90, a Single Parent Allowance of $20,000 is granted if an individual had at any time during the year of assessment the sole or predominant care of a child in respect of whom the individual was entitled during the year of assessment to claim an allowance.

13.

RATES OF SALARIES TAX FOR 1989/90

the Net

Salaries Tax is presently charged at the following rates on Chargeable Income, i.e. the sum remaining after deducting expenses, allowances, etc. from the assessable income :

- 5