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Saturday, Sep 18, 2021

2.6 million to receive tax returns

2.6 million to receive tax returns

About 2.6 million will receive their 2020-2021 tax returns from May 3 onwards, the Inland Revenue Department announced.
The department will issue 210,000 profits tax returns, 120,000 property tax returns and 320,000 employer's returns.

In this year's budget, the Financial Secretary Paul Chan Mo-po, proposed a one-off reduction of 100 percent of profits tax, salaries tax and tax under personal assessment for 2020-2021, subject to a ceiling of HK$10,000.
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