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.


    Derrick Liu
    (852) 2574 8289 (Ext. 121)

    Zita Ng
    (852) 2574 8289 (Ext. 117)


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