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Hello, I am Keith, one of the experts on Just Answer, and pleased to be able to help you with your question.
I am sorry to say very few. If you reside in the UK for more than 183 days in the tax year you are liable for UK taxation on your world wide income. You will be perilously close to this and will inevitably be taxed as before. Hong Kong does have an income tax regime, but in comparison with the UK rates are low. There is also a double Taxation Treaty in force which precludes the same income stream being taxed in both jurisdictions. Any tax deducted in HK will be allowed as a tax credit against your UK liability on the same income stream.
I am so sorry to have to rain on your parade.
Correct, you would use the tax credit from the Treaty provisions to reduce your UK liability.
Thank you for your support.