D) Deductions relating to income chargeable to Salaries Tax

1. I resigned (without advance notice) and left the company on 1 March 2004. As I was required to pay one month's salary in lieu of notice to my employer, my employer did not pay me the salary for February 2004. For the year of assessment 2003/04, should I pay tax on my salary for 10 months or 11 months?



2. How are the contributions made to an MPF scheme deducted for tax purposes?



3. I am a director of a company and receive director's remuneration. Can I claim deductions for tax purposes from my MPF contributions?



4. If I contribute to a Recognized Occupational Retirement Scheme ("RORS") rather than a MPF scheme, can I still claim deductions?



5. What are expenses of self-education? Can I claim a deduction for tax purposes if I undertake a course related to my employment?



6. If I did not undertake any prescribed course of education but just sat the professional examination set by a professional body (such as the Hong Kong Institute of Certified Public Accountants) for its members, can I claim the examination fee as a tax deduction?



7. Who are eligible to claim deductions under "Elderly Residential Care Expenses"(ERCE)? What is the maximum deduction?



8. What is the maximum amount of tax deduction under Home Loan Interest?



9. Can mortgage interest paid for the acquisition of a car parking space be claimed for tax deduction?



10. If I own two dwellings, both of which are used as my place of residence, am I entitled to a deduction of loan interest paid for both dwellings?