1969-02-23 — Page 15

REFERENCE LIBRARY

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★敏俘華第三穿張四第二日七初月正年西己曆史 19ANT KIUHXATL PO

C

文中學會考試題預習!!

經濟及公共事務科(十六)

奇敏

Economic & Public Affairs

Lecture No. 16 By K.M. Lau,*

Financial Affairs of Hong Kong Government

[(3) Taxes

DIRECT TAM 7:

(Part II)

Earnings And Profits Tax

Salaries Tax This is a tax on a person'

earnings derived from his

employment in Hong Kong.

To calculate a salaries tax folzoW] these steps.

1. Find out the total year?

income of a taxpayer.

Find out the total allowance.

he can claim.

3. Find out the net chargeable

income (ie the amount of money that is to be taxed).

Calculate the amount of tax to be paid according to the existing scale of tax on salaries,

lowances a person can claim

#7,000 for himself.

2. $7,000 for his wife.

3. $2,000, each for the first TWO entire

$1,000 each for the THIRD to SIXTH child.

5. 3 500 each for the SEVENTH to NINTH child Not more than 1/6 of total income after deducting $7,000 may be claimed for premiums paid on a life insurance policy Existing scale of tax on chargeable incons 1. On the first #5,000 the rate is 2 3/4 % and

every subsequent $5,000 the rate is inerma sec by 23/4 up to the 3rd 45,000...

2. From the fourth $5,000 up to the ninth

$5,000 the rate is increased by 3% for every $5,000,

Un any chargeable income in excess of ▼

45,000 the rate is 30% subject to the tocal sum payable being less than 15% of the total Jincome.

Example of a salaries tax

Mr. Hong earns $45,090 a year." He is unmarried.】 He hasn't bought any insurance policy, How much salaries tax must he pay?

Answer

Since he is unmarried, his personal illowances amount to $7,000. The net chargeable. income is therefore 438,090.^4)

Tax on the first 835,000 1 3,925,00

Tax on the remainder at 23% is $710.70 His salaries tax is therefära 4,635.70

Profits Tax

It is a tax on the profits made by * Qu? Lima Loompany in Hong Kong, Profits tax is divided inte

dusiness Profit Tax (this is for unlimited Liability companies) and Corporation Profits Tax (this is for limited liability companies). Any company making more than $7,000 of profits a year has to pay a profits tax which is calculated at th rate of 15% per annum.– Interest Tax

It is a tax on interest, loans or any form of indebtedness originating in Hong Kong (interest) tax in not imposed on interest paid on lax lese rive. Certificates. Interest tax is calculated at 15% on the anunt of interest myable by the tax-payer on whom the incidence of taxation falls Froperty Tax

It is a tax on a person who owns property. Hong Kong which gives him an annual income. People who own land's and buildings in the New ferriterles and those lands and buildings used for residential. purposes only do not have to pay any property tax. Froperty tax is calculated at 15% on the ratable value of the property. The mating and valuation. Department will find out what the rateable value the land is; it is usually almost the same as the

annual rental value of the property, fropertiss which are controlled by prewar scale of renta (before 1939) may be charged at a lower rate, and properties which require annual repairs etc. are entitled to a deductible allowance of 20% of the rateable value of the properties. Personal Assessment

i a taxpayer has more than one source of income he will have to pay more than one form of tax. For instance if he earns a salary and at the same time he runs a am 11 business, then it means that he has to pay a salaries tax and a profits, tax This may cause considerable inconvenience. Government has therefore provided him a mana by which he is taxed under one group and taxed only once, thus saving much time and eliminating any Luconvenience. At the same time, if ne groups all his different types of tax together he is entit lad to a new scale of tax which is lower than that of the individual taxea. Thus he can also savO". MON'S uspey. This method of taxing nis various sourons of income under one group is called personal [& 6900sment.

(lassified Group)

Stamp Duty:

Lertain documents, certificates and receipts

■ for suns above $20 require a stamp duty. Cheques, Bills of Lading and receipts require a fixed sten duty, other documents require an ad valorem stamp duty, depanding on the value of the documents. Catate Duty

It is a tax on property and money on the death of owner, Estates valusd under #100,000 al-

報日橋 T

exempted from this tax. Estates valued between

$100,000 and $200,000 are taxed between 3 and 243 and estates valued over $15,000,000.are taxed at 25%

Rates

rates are tax on enjoyment got from the ownership or the using of lands and buildings in Hong Kong. Mates are calculated at 17% per year ca the rateable value of the property. The charge of 17% per year is subjected to certain deductions. For instance, a deduction of 2% is allowed for buildings not supplied with fresh water and 1 the water supply is not filtered. Old buildings that need regular repairs are given a lower charge, Land and buildings in the New Territories have as charge of 11.

Licences

A licence is a form of approval or permission given by Government in order that certain

activities can be carried out in Hong Kong such running a business. deiving a car, or getting married.

indirect Taxes.

A. Entertainments taxi

This is a tax which a proprietor has to pay if ne. operates a place of entertainment, such as the cinema The rate of charge is according to the price of admission and is about 22%. If an entertainment is organized to raise money for

charity or it is organized for educational purposes, partial or complete exemption from entertainments tax is allowed. Under entertainments tax is a separate tax called dance halls tax which is

imposed on all licensed dance halls in Hong Kong Customs Duty:

cense

This is a tax on certain groupe of imports which are tobacco, alcoholic liquors, hydrocarbon odl, methyl alcohol, and table waters...

Bats and Dweeps tax

This is a tax on bats and sweeptakes arising from the race meetings of the Royal Hong Kong Jockey Club

Hotel Accommodation tax

- This is a tax on the amount paid for the renting of a hotel room. This tax is calculated at 2 on the accommodation charge imposed by the note: proprietor. The purpose of this tax is to raise money to organize and promote the tourist trade of Hong Kong. Any hotel with less than 10 rooms is exempted from this tax. Y

Excise tax

This is a tax on certain: guvus mus M Nun Kong. They are tobacco, alcoholic liquors,

hydrocarbon oil, methyl alcohol, and table wateı

+14) Gertain payments to Government

imather important sburse of public revenus arises from payments made to Government through the sales ar Crown land, the supply of water, and the provision of facilities at Kai Tak Airport and the Kowloon-Canton railway.

{(3) Certain foes and revilties collected by government

The final source of publie revenue, arisesu from fese and royalties collected by Goverzihent through the provision of a variety of services and the granting of monopolistio Franchisa to public utilities.

Fees collected may arise from public's, use postal services, Government schools and medical facilities. This sourds also includes fines paid

the law courta.

True

Trus

་

Police

Answers to

(b) Social Welfare Department (o) Public works Department

(d) Urban Services Department.

lef Government information Services Department.

(a) Plate Glass Insurance (b) life insuranço

(c) tourist trade.

(d) Banking Commissioner"

(6) Subsistence economy

(s) Discharged Prisoners' Aid Soes

(b) Pay-as-you-earn

(a) Educational Television

(d) International labour: ✨ ganizativa.

a) Hong Kong Society for the Protection of]

∙Childrenie

(a) Money

Ab) National (or state) insurance

(a) leflation

(d) Division of labour,

(e) Barter

(2) letter of Credit

(g) Certificates of

(h) Clearing House

(1) Ad Valorem stamp vagɔ

jmary productiun

(a) 4.2.4.

(b) mai. Poo aun chuan data ta

tes foluntat. Secretary

(d) Civil service-

(e) Governor

Af) Vity District Uilleara

(g) blue and white

(h) Community Chest

(1) Hong Kong Export Credit Insurance Corporatio

(1) Bank Ordinance, 1964-

Exercise No.

3) Now important is the Governor in relation to his

work and policies? |

.2) Give an account of the work and functions of the

Social Welfare Department

日明星日三廿3二年九六九一番公年八十五國民華中

育敎僑華

九六九キズ

會考試題預裝O

地理科

(+)

地人社。

一)遞收音鲜對人類之用途 答: 因爾畜之生長各有優劣之處,且因人類問時之目的不同: (口食用理乳與供食用,因其所含蛋白質豐富,熱量較多之故。

:牛・鶏 用牛羊。

(二)衣物用皮革作表情用,可保膠,雌用作我劑之

皮革用:牛、馬、駱駝。

(3)工業用:以皮帶皮骨角作工業原料。如牛、羊等,

(4)肥料用:以歐或厭管、嶄駕燃壈成炭,作露肥料用。如帶、麗等 (5)燃料用:部的地區,因間為生整困醋,乃燃焼默舞衣映,如西藏、新疆等地,

.

(6)或通用部份地签因缺少河流域推小迅山地區域,交通不便之處有你雜厭

(7)大农用,部分地烹因被械力皆不足,故以獸力作拼転拉車之用,如半響。

(8)玩食用:因南陶具,芙實、鳴架馋耳、成都何人意乃成人類玩實物如糖、狗、鳥,繫帶

二)犹述自然理院對离物生長及和用有何影响?

寄與因適應自然環境,如形,無候等影响,以至其形態,毛皮及部份生理構成,而人類亦 因區自然要境之需要,以及音物之相異而有不同之利用

(三)熱帶地區

(2)

因天氣炎浓然,並毋須非常以以保況,毛類讞易吸收水汽,翻藏無眩 非病,故本源擊物多安塞無毛。不也區居民亦研集大鋈脂肪以增加體溫, ***** M*E · · ·

因冬常寒冷或全年低制,故一般動物當於脂肪,並有豐軍之港以抵票冷之主播 一般居民亦因需要大量脂肪以保持「體混之消插,故多取用其毛茶、乳肉,並以運 牧之力發供拉軍明交通運輸用途,如竿、牛、鹿、馴鹿等6

(約沙濃城

因契候必然乾燥,植物稀少,故此區動物類多惜爵年,爾凱,而且抽躍,皮革而毛稀 ,以造摩沙澳區之需要,而人類亦取其轉敗、谢率、謝凱以和澳中交通之獻獄,如務 駝

因選候隨面廣商必變,高度越大用網孟越長,而且山地地勢起伏不定,故山地動物 體力強大而附勞,以便在山地點活動,部分則驅體細小,被長毛,利用方面苏用途腹瘦 茫,除武用,毛皮而外,更具交通 力硬解用途,如驗 (三)試述游收藥的共通性及其分布區號 答:一般遊業共通性:

2分術不車票販管買區及高山區等。確發展西能之處。 糖())以天然草類食飼料,故牧地及居住地,均依季節性熔斷

2以傳統古法牧養,故品懷及飼鷲法少有改善。

1國際間之湖品地區以極低,自粉性浸原。

每人口密度小地圖,故勞約4薫力:

6開發程度低,故土地小強量少心

2確物與软者生活極您明。

8一切食物没用品均取發於滿物•

*進商轉分佈:

TEMA: PAS TAKEN DELS WERE DE PEDRO DE VIEHIS WE

阿拉伯數

歐班:瑞的納難伞滿北部,北大。

非洲撒哈拉沙機(喀拉哈里沙糰,菜馬醫低地:馬加斯加島西部 北興洲:北揮灣沿

姜牧區

(四)非出改善藥純展困難之原因。

答:非洲那實行之經濟活動方式為原始之農業與以兼混合,發展極不繼,其形成此現:製之要米貼:

1本區在低轉變,終年高溫,故能適宜此種氣候之音物较少。

2自然個物方面,在冰及沙東所之面積共飲,均不宜於物之生選活動。

3自然植物生長大迎,防藥長業及牧草等生長。

1當地為以資物爲財產,故只質與音物之數目而忽略邊物之質素,未能放審物品

5安化楷滯,歌渓方法占奮,未能接近現代化之牧语背法僅收衝業企業化。 5(一嗤嗤)能使物日發生疾病而窰此亡。... .但終輸扁,肉類及收物易於評敗,影响清重加工業之設立及發展。

(一)

(FM)

預習題目

#N(Tsetse Fly) ZAKE

沙涼區

帶之世界分佈及胆謝分類。

(二)澳洲之自然頭境對其牧牛、牧半業有何影响?

(三)解離下列各名箱:

李林山牧

舎式審

SER

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