Expatriates working in China will face a double-dip hit to their wages. They may no longer receive tax privileges after 31 December 2021 if the current tax exemption treatment is removed from their housing rental, child education and language training costs.
It will become mandatory and no longer an option, for those living in places such as Shanghai, to join and make monthly contributions to the Chinese social security scheme.
These changes, which mean extra costs to both employers and expatriate employees, were not expected when they started to work in China.
Are you wondering about how this will impact an employment contract? What should you do now? How can you plan ahead? Come and join our webinar!
Hear from WTS China (tax specialist) who will share some case analyses with you and show you the path to plan for these changes.
Date: Wednesday 26 January 2022
Time: 10:00 – 11:00 CET
Language: English
Cost: Free of charge
Speaker: Ened Du, WTS China
In case of any questions or comments please contact us at: GlobalTaxOnAir@wts.de.
We are looking forward to welcoming you at this webinar!