The Hong Kong Inland Revenue Department (“IRD”) issued about 190,000 profits tax returns, 130,000 property tax returns and 310,000 employer’s returns for the year of assessment 2015/16 on April 1, 2016. About 2.5 million tax returns for individuals were also issued on May 3, 2016. Taxpayers are required to file duly completed returns to the IRD on time. (Source from HKIRD website)
For more information about how Kenneth Chau & Co., MGI Hong Kong can help Taxpayers to fulfil Hong Kong Tax obligations, please contact us.