agnesho

I own a property in Hong Kong which has been rented out. I understand the rental income is taxable under my income tax. But I wonder if the following expenses would be deductible? - Government rates paid to Hong Kong Government which is one of Hong Kong's indirect taxes levied on properties - Property tax paid to Hong Kong Government - Stamp duty paid to Hong Kong Government for setting up the lease agreement - Property management fee paid to property management company - Interest paid for the re-mortgage financing plan, other than the existing mortgage plan with a local bank - which this be included as the finance cost and can applied the 20% tax relief