The final approved bill increases the monthly tax-free threshold to 5000 yuan (60 000 yuan per year), as compared to the previous 3500 yuan per month. The new tax threshold will apply to both local Chinese employees and foreigners working in China.
Subscribe to Receive S.J. Grand's Latest Insights
Enter your email address below to get the articles, analytics and advice about topics that matter the most to you delivered directly to your inbox.