18 May 2015
Personal Tax Return - Reminder
Individuals receiving the personal tax return is reminded to file their tax returns on time by June 4.
In the Budget for this year, the Financial Secretary has proposed to increase the child allowance and the additional child allowance in the year of birth. He has also proposed a 75 per cent reduction of profits tax, salaries tax and tax under personal assessment for the year of assessment 2014/15, subject to a ceiling of $20,000 per case. The Government has started the law amendment process. After enactment of the relevant legislation, the IRD will effect the tax measures in this year's tax bills.
Should you require any assistance in relation to filing of Hong Kong tax return, please do not hesitate to contact us.
CONTACT PERSON
Derrick Liu
derrick@alcpa.com.hk
(852) 2574 8289 (Ext. 121)
Zita Ng
zita@alcpa.com.hk
(852) 2574 8289 (Ext. 117)
Note that any information, publication, design, product, process, idea or know-how described in this website may be the subject of other rights, including other intellectual property rights, which are owned by ALCPA or other interested parties and are not licensed to you hereunder. ALCPA does not warrant the website to be error-free and will not be liable for any damages whatsoever, whether in an action of contract or otherwise relating to the use of the information contained in the website. Certain links in this website may connect you to website maintained by third parties, ALCPA has not verified the contents on these websites and will not be liable for any damages as a result of the use of these information contained in these links.