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Cost of Living Query [ New Topic]
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posted by Load Toad 236 days ago
That's true KT but from the initial post one would infer that that isn't the case this time; key words were Disco Bay, husband working in Central, wanting a maid, kindergarten....

Average by Intention.
Regular Member
4991 Posts
of trenchancy
posted by smog 236 days ago
The monkey makes a good point about housing allowance...

The tax calculator at http://www.ird.gov.hk/eng/ese/st_comp_2007_08/stcfrm.htm shows that married with two kids on HK$50K straight salary then your annual tax bill would be HK$40,500, but with, say, HK$20K defined and used as Housing Allowance your tax bill would be HK$6,270. (In this case your "salary would be entered as $360K per year and the taxable value of the property is HK$36,000 per year).

If HK$25K is defined and used for rent then your total tax bill is HK$600.

If HK$15K then the tax bill is HK$17040.

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posted by Paps of Jura 236 days ago
Em... so your saying that you would be happy living on 25K a month in your current situation now to pay all of the below

All bills & rent
Maid
Kindy
Car
Holiday's to visit the folks
Nice food for the weekend
The odd meal out
The odd drink out

Somehow I don't think I could make it through the month on that with two kids but then I may be way off with my calculations







Dib Dob nib knob
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posted by Killer Tomato 236 days ago
im saying that it all depends on what yuou want and expect of your stay here, its really simple to be open minded sometimes :) and give people a choice


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posted by spannermonkey 236 days ago (edited 236 days ago)
quote:
Originally posted by Paps of Jura
Em... so your saying that you would be happy living on 25K a month in your current situation now to pay all of the below

All bills & rent
Maid
Kindy
Car
Holiday's to visit the folks
Nice food for the weekend
The odd meal out
The odd drink out

Somehow I don't think I could make it through the month on that with two kids but then I may be way off with my calculations








Paps you need to take off the rent bit...

Basically, its 20K after you discount salaries tax.

http://www.marisamiller.com


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2567 Posts
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Hong Kong
posted by EmilyBronte 236 days ago
quote:
Originally posted by Paps of Jura
Em... so your saying that you would be happy living on 25K a month in your current situation now to pay all of the below

All bills & rent
Maid
Kindy
Car
Holiday's to visit the folks
Nice food for the weekend
The odd meal out
The odd drink out

Somehow I don't think I could make it through the month on that with two kids but then I may be way off with my calculations









No rent, with the housing allowance in the tax, it actually gives you 20K a month....Maybe its all down to how/if you budget, or if you just spend what you have. You know exactly the lifestyle I have, and think you would agree i am not struggling.
Its all relative, the only difference being, they would not have anything left, whereas most of the rest of us would be saving the rest.


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of trenchancy
posted by smog 236 days ago
And the car, certainly if you're living in DB.

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Keymaker - "Here Kitty! Nice Kitty! Daddy's got a little surprise for you!"
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Regular Member
2902 Posts
in
Italy
posted by spannermonkey 236 days ago
quote:
Originally posted by EmilyBronte
quote:
Originally posted by Paps of Jura
Em... so your saying that you would be happy living on 25K a month in your current situation now to pay all of the below

All bills & rent
Maid
Kindy
Car
Holiday's to visit the folks
Nice food for the weekend
The odd meal out
The odd drink out

Somehow I don't think I could make it through the month on that with two kids but then I may be way off with my calculations









No rent, with the housing allowance in the tax, it actually gives you 20K a month....Maybe its all down to how/if you budget, or if you just spend what you have. You know exactly the lifestyle I have, and think you would agree i am not struggling.
Its all relative, the only difference being, they would not have anything left, whereas most of the rest of us would be saving the rest.


Is it worth upping sticks atall then?

http://www.marisamiller.com


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Hong Kong
posted by EmilyBronte 236 days ago
...she also fails to mention whether he hubby will be paid 13 times a year, and whether there are any other extra bonuses/ travel allowances.


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Hong Kong
posted by EmilyBronte 236 days ago (edited 236 days ago)
Spanner,... doesn't it depend what kind of lifestyle they currently have? Either they need a change and it is their only option, or it is a same/higher salary but in a warmer place. Who knows.

One thing I have become more aware of recently, life is not all about the cash. Its who you spend it with that makes the difference.


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posted by spannermonkey 236 days ago
She'll love this thread whatever her intentions/situations are.....

http://www.marisamiller.com


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posted by Killer Tomato 236 days ago
yeah it shows our true helpful p**sers nature


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posted by Gimpmask 236 days ago
quote:
Originally posted by Paps of Jura
The odd drink out






I'm sure they can make a few adjustments:


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Senior Member
8236 Posts
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posted by Paps of Jura 236 days ago
No KT.. this is not a negative thread this is giving the lady a good balance of opinions

Dib Dob nib knob
Regular Member
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posted by Killer Tomato 236 days ago
quote:
Originally posted by Paps of Jura
No KT.. this is not a negative thread this is giving the lady a good balance of opinions


did i say anything else?


Regular Member
4671 Posts
posted by geraldo 236 days ago
25k might be a garden flat, or a very spacious one at least. I'm sure you can get cheaper than that, but you need to go and find out yourself. Even in the older phases there are very nice flats, just go out and look. I'll definitely recommend DB.

As said many a times here, find a serviced apartment or a hotel room for a few weeks. Might want to leave the kids back in the uk for a week or so as well

There are 10 kinds of people. Those who can read binary and those who don't
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posted by Paps of Jura 236 days ago
quote:
Originally posted by Killer Tomato
yeah it shows our true <s>helpful</s> p**sers nature


Yeah you did... this

Dib Dob nib knob
Regular Member
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posted by Killer Tomato 236 days ago
hahaha is your blood boiling ytet?


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posted by Paps of Jura 236 days ago
Mine ??? Not at all


Dib Dob nib knob
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a nice and warm kitc
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posted by Killer Tomato 236 days ago



 
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