The Five Year Rule

If you’ve been in China a few years one thing you need to be careful about is the five year rule for tax. Basically after five full years in China you’ll start to be taxed on any earnings abroad (leasing out your old apartment in the UK, interest, dividends, capital gains etc), there are ways around it though. I got clarification from my financial advisor. here’s the situation:

If a foreign national has stayed in China for five full years consecutively you’ll be subject to pay tax on your worldwide income from the sixth year onwards.

A “full year” is defined as a year where the individual has lived on mainland China and has not left mainland China for either 30 days consecutively or 90 days cumulatively. Note, the day of arrival and departure from China are counted as days in China (i.e. if you fly to Korea on Monday morning, first thing and return on the Wednesday very late, that still only counts as one day outside China), so if you’re like me and you make a lot of short business trips to other countries they’re not worth anywhere near as much as you’d think.

Here’s the bitch, once you’ve been in China for five full consecutive years then you pay tax on your worldwide earnings, you can’t break this until you basically spend a full year outside China (less than 90 days on the mainland in a calendar year) at which the five year count starts again.

So, if you’re going to be here for a long time make sure that within the five years you’re either spending 90 full days outside China or one long trip of 30 full days outside China to reset your five year count!

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Girlfriend Manipulation

Girls, please do not read!

Guys, have you noticed how your girlfriend/fiance/wife is ALWAYS late to social appointments?

Did you ever arrange to meet her for dinner only to spend 30 minutes waiting outside in the rain? Dingle has got the perfect solution!

Here’s what you do:

An hour or so before you’re due to meet her give her a call and tell her to take her time, not to rush to meet you at the arranged time if she can’t make it. Then drop in that you might go for a wander round while you’re waiting for her, it’s been a while since you bought yourself anything nice and you fancy spending some money on yourself, you fancy popping into the Longines watch shop, you’ve never had a nice watch…

She’ll be there, guaranteed, 15 minutes before the appointed time, waiting to tie a double knot in the purse strings!

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CANDY NECKLACE OMG LOLZZ!!!?!?!??!????!???

OMG I ate ALL my sweeties from the UK so now I’m down to wearing the candy necklaces and nibbling them while I’m watching DVDZ on the TV OMG LOL!!?!??>??!?>

I LUV CANDEEEEEEEEEEEEEEEE???!!!!!?!??!?!!???:

candy necklace

I’LL BBEEE SOO FAAT LA. WAAAH SOB SOB!!!!!!!#$$???!!!?!?!?!?

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Sherbert Eruptive Fountain

Today’s post has been needlessly converted into Chinese and then back into English by Babelfish.

I arrive at the terminal which now my Britain supplies, tomorrow will go for its mine lunch box’s big style, but is not I seeks help tonight from the supper to the sherbert eruptive fountain, the drumstick and the packet usual remnant thick soup food left over will love the heart (pleasure size).

sherbert fountain

Sherbert eruptive fountain, if you have not attempted them, is formidable, has fully in central and pot’s long licorice stick sherbert, you lick liquourice, and soaks it to mess with it in sherbert. Though when I am young I’ the d terminal is eating the entire item matter’s my mouth’s entire item matter immediately.

Though the drumstick is always one little strange, I did not know that is assorted they to taste, though but they have their unique taste, good. Though I always like the cool drink. Individual I thought that they will taste are chewing, the candy cane stick is the pain and obtains looks like.

Loves the heart is strange truly, they contain 1-2 words to chat the antenna, therefore you can like through pair of you girl. Though the news was renewed, but these days are not pass the girl and news ” Love heart; For me” Writing; You will discover that the part with looks like ” News; Email me” . Though they taste greatly, sweet and sour, likelihood love!

In this I get down after the Palma violet, and the candy necklace, yuck, the black jack is completely, has the fruit salad and swizzels, I must move to kit kats!!!!

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Old Man Shoes

Well, after having a good laugh at H’s slipper shoes before Christmas it’s time to have a laugh look at my new shoes.

When I was back at H’s at the weekend I just couldn’t get warm, my feet, decked in trendy Adidas, were especially cold, I felt like my little piggys were going to drop off! In the end I relented and popped out for a walk to buy some ‘local shoes’.

And here’s what I ended up with (I paid about 10 kuai by the way!):

old man shoes

They’re a splendid black colour with a tan loose check pattern and navy beading, rather splendid what? I’ll tell you what, they were double toasty too! Not the most comfortable shoe I’ve ever worn, and I doubt they’re up to much serious off-road work but nevertheless they’re fine and dandy for the gentleman about town (such as myself).

Here’s the entire outfit I chose to go with my new shoes:

old man shoes 2

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The Gauntlet is Well and Truly Down Deano!!

I got a Rubiks 360 for christmas from my mum, my brother-not-quite-in-law Deano got one too. If you’ve not seen them before they’re extremely frustrating, it’s like a gyroscope with three layers of transparent balls which rotate freely in different axes. Each layer has a hole which is opposite the heavy ball bearing (and so always wants to stay on top). To finish the 360 you have to get each of the coloured balls all the way to the outside layer and then drop them into the corresponding pod on the outermost ball.

I spent a frustrating hour on christmas day trying to get just one of the little coloured beads out of the first layer, in the end I had to put it down because it was going to go out of the window, I put it aside for a quiet weekend.

That was, until I got back and H picked it up one evening asking what it was, like me she spent an hour screaming at the thing and making the motions as if she was about to throw it at the wall, in the end I had to take it off her and make her watch tv.

The next day I got back from work to find this:

rubiks 360

Damn women…

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Safety Invention

I’m in H’s hometown right now for a family celebration (maybe more on this later). Anyway, I saw this marvellous new gadget, which according to H is being used by ‘everyone’ out here.

Why don’t you gaze upon the simplicity of this invention for a while and ponder what it’s used for before clicking on to find out:

scallywag

I predict a ROSPA award at minimum if the inventor was British Read More »

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Dummies on the Verge of a Nervous Breakdown

shop dummies

Presumably someone showed them a mirror and they saw the clothes they were wearing.

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To do or not to do, THAT is the question

I was sorting through my mail box and came across this one from a member of our Japanese office at the end of last year:

“Dingle”

I do not think we have data on “product X” S-S curve.

In that case, pls just tell us nothing as soon as passable.

You do not need to take time to this answer.

Thanks,

XXXXX (note, this is where I deleted his name, NOT KISSES!!!!)

If anyone can figure out what actions I need to take (or not to take) and when I’m supposed to complete this (or not complete this) then please let me know, I’m desperately trying to figure out whether this needs to go on my “TO DO” list or whether I need to start a new “NOT TO DO” list.

In any case I don’t think you’ll have an answer, so please tell me nothing ASAP

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Seventies Night!!!

It was Yi’s birthday party on saturday night (you know Yi right??), she sent round an email in both English and Chinese (she’s good like that) inviting us all to dress in seventies party wear. EXCELLENT!!! thought me and H, an opportunity to remember our good leaders of the past and don the uniforms we normally reserve for state inaugurations and mass rallys, oh, and here we are in fact:

DSC00342

We were quite early to arrive at the restaurant but immediately it was obvious that the others had been somewhat confused by the invitation, I read it again when it got home, NOWHERE did it say the words “big hair” or “blinged sunglasses”, here are some examples:

Untitled-1

Natalie and Sideshow Bob (aka Will)

DSC00299

The Birthday Girl herself

Anyway, we clearly got it right, we had to pose for photographs with virtually every table in the restaurant on the way out later on, even with Japanese!! The meal was rather good, it was at this Japanese place on Huashan Lu (although the issue of wearing Chinese military uniforms to a Japanese restaurant didn’t occur to me much later, if it had been the other way round we’d have been lynched!). Unfortunately we let Yi order so I didn’t eat much, I ask you, WHO ON EARTH orders cow tongue preferentially over sirloin steak??? exactly, madness….

After dinner we relaxed a little and took off our hats, letting our hair down, I even took the liberty of undoing my jacket, immediately women were attracted to me from all sides, I was like some kind of living magnet for the flesh, I will never get used to this curse.

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Is there anyone here who is not reminded of a young Leo Sayer when they see this picture?

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Later we called in at a KTV to lay down some numbers but stopped off on the way to chat to some Americans, H took the opportunity to take out her book of drawings to educate them as to the way of the world.

DSC00340

We ended the night in the KTV place (Sake does you good and proper eh?) after about two hours, during which time I occupied the microphone for around 1 hour and 57 minutes.

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The next day I would be accused of “screaming into the microphone” by Yi herself, it’s such a shame when petty jealousy of a beautiful singing voice can make someone act in this way (my voice has been likened to that of a songbird, encased in honey, rolled in sugar and then wrapped tightly in a paper doily), oh yes, and I didn’t make it out of bed until 7pm, for the record sake really really really does you, good and proper!

More photos on facebook for those in the know!

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  • Recent Comments

    • The Five Year Rule (6)
      • Msg: How many fish and chippers do you own in Blackpool anyway?
      • EQ: And by the way, my UK colleague does not have any tax equalization crap like I do. Why are you getting screwed?
      • EQ: Dingleberry – yeah I am suppose to be tax equalized too, but luckily my company is so big and stupid, plus...
      • T.: I believe it’s only about the possiblity of being taxed on extra-territory income. I don’t know one...
      • dinglesp: EQ, I’m tax equalised so it doesn’t make any difference for me, the company deducts the UK...
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