The End of Expat Allowances: How Will Your NET Salary Change as of January 2022?
The End of Expat Allowances: How will your NET salary change as of January 2022?
According to China’s current IIT legislation, expatriates can claim tax-exempt allowances until the end of 2021, after which the potential discontinuation of the ability to claim tax-exempt allowances will have a profound impact on the amount of IIT payable and disposable income of expatriates in China. In order to support expatriates to prepare for the forecasted changes, MS Advisory has developed a free IIT calculator to assess how your salary can be impacted as of 2022.
Find out now how your salary may be impacted considering the pending discontinuation of expatriate allowances in three easy steps (no data regarding salary information is collected).
