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Jiangmen Announces Individual Income Tax Subsidy Arrangements

Jiangmen has issued details of the income tax subsidy arrangements for permanent residents of Hong Kong or Macao employed within the city on the basis of their high-end or urgently-required skillsets. Such individuals must be working in / employed by companies or institutions registered in Jiangmen, must pay all taxes required by the city and conduct themselves in a law-abiding, ethical manner.

Applications for such subsidies should be submitted in the third quarter of the year immediately following the tax year for which the subsidies are being claimed. Every June, the city’s Finance Bureau, in conjunction with other government departments, will publish the precise application guidelines via its website and that of the city’s Bureau of Human Resources and Social Security.

Full details of eligibility can be found in the Interim Measures for the Implementation of the Preferential Individual Income Tax (IIT) Subsidy Policy for the Greater Bay Area (Jiang Cai Fa No. 15 [2019]).

Source: Jiangmen Municipal People’s Government

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