Tax filing due dates and collection

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Filing of tax return

Profits tax return

Normal issue date For accounting year ended between Normal filing date for unrepresented / represented cases Due date for tax payment
First working day in April of the following year of assessment 1 April to 30 November 2 May1 As stipulated in the notice of assessment, generally between November of the year in which the return is issued to April of the following year.
1 December to
31 December
2 May1 / 15 August
1 January to 31 March 2 May1 / 15 November

 

Salaries tax return

Normal issue date

Normal filing date for unrepresented / represented cases

Due date for tax payment

First working day in May of the following year of assessment1

2 June/2 July
(1 July is a Hong Kong public holiday)

 

As stipulated in the notice of assessment, generally between January and April of the year following the year in which the return is issued.

 

Property tax return

Normal issue date

Normal filing date

Due date for tax payment

First working day in April of the following year of assessment

2 May1

As stipulated in the notice of assessment, generally in or after November of the year in which the return is issued.

 

Employer’s return of remuneration and pensions

Normal issue date

Normal filing date

First working day in April of the following year of assessment

2 May1

Note:                                                                             

1.  1 May is a Hong Kong public holiday.

 

Lodging of objection to assessment

Normally, objection to an assessment must be lodged within one month after the issue date of the notice of assessment.

 

Holdover and payment of tax

Profits tax or salaries tax for a year of assessment is typically collected through the payment of provisional tax by taxpayers before the relevant tax return for that year is filed and the relevant final assessment is received. The provisional tax payable is calculated with reference to the final tax assessed for the preceding year. The provisional tax already paid is credited against the final tax assessed for the year. If the provisional tax exceeds the final tax assessed, the excess is applied against the provisional tax payable for the succeeding year.

Property tax is collected through provisional property tax demand notes, which may be raised on the owner when the property is first rented out. Any provisional tax paid is credited against the final tax assessed for that year of assessment and any balance is applied against the provisional tax payable for the following year. Any excess thereafter is refundable.

Where the provisional profits/salaries/profits tax is excessive, the taxpayer may apply for holdover of payment of either all or part of the provisional tax payable. This application must be made in writing not later than 28 days before the due date for payment or 14 days after the date of the notice for payment, whichever is later.

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