The Limited Times

Now you can see non-English news...

The Inland Revenue Department has issued a tax bill for 2019-20. People who are financially trouble can apply for tax payment in installments

2020-08-12T09:16:22.950Z


The Inland Revenue Department began issuing tax bills for the 2019-20 tax year today (12th). The Inland Revenue Department pointed out that if taxpayers fail to pay their taxes on time due to financial difficulties, they can apply for tax payment in installments before the tax due date. Taxpayers who have been approved by the Inland Revenue Department to pay in installments for the 2019-20 year of assessment salaries tax, profits tax and personal assessment tax bills issued between August 2020 and August 2021, if they can pay all instalments on time Payments can be exempted from surcharges, and the exemption period is up to 1 year from the tax payment date of the tax bill.


Social News

Author: Zheng Qiuling

2020-08-12 17:06

Last update date: 2020-08-12 17:06

The Inland Revenue Department began issuing tax bills for the 2019-20 tax year today (12th). The Inland Revenue Department pointed out that if taxpayers fail to pay their taxes on time due to financial difficulties, they can apply for tax payment in installments before the tax due date. Taxpayers who have been approved by the Inland Revenue Department to pay in installments for the 2019-20 year of assessment salaries tax, profits tax and personal assessment tax bills issued between August 2020 and August 2021, if they can pay all instalments on time Payments can be exempted from surcharges, and the exemption period is up to 1 year from the tax payment date of the tax bill.

The Inland Revenue Department today (12) began issuing tax bills for the tax year 2019-20. (Profile picture / Photo by Luo Junhao)

According to the Inland Revenue Department, if taxpayers need to apply for tax payment in installments, they can complete the application form and return it to the Inland Revenue Department together with the supporting information and documents required. For details, please refer to the website of the Inland Revenue Department (www.ird.gov.hk/eng/ tax/cws2.htm). For further information, please call the enquiry hotline 187 8033. The above-mentioned support measures are not applicable to those who have to pay their taxes before leaving Hong Kong and those who pay property taxes.

[Tax filing 2020] Detailed introduction of the benefits and steps of online tax filing

The Inland Revenue Department issued 2.77 million tax returns today, taxpayers must submit their returns before July 2 

61% of taxpayers are assessed at a two-tiered tax rate, and government profits tax revenue has been reduced by 6 billion

Survey: 53% of accounting professionals believe that the Hong Kong government should not raise taxes

Tax bureau

Source: hk1

All news articles on 2020-08-12

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.