Author: bebesymon0395
Hong Kong – Inland Revenue Department waives surcharges for payment of tax by instalments for businesses and individuals in need
Inland Revenue Department waives surcharges for payment of tax by instalments for businesses and individuals in need ****************************************************************************************** The Inland Revenue Department (IRD) has started issuing the tax demand notes for the year of assessment 2020/21. Taxpayers who encounter financial difficulties in settling their tax bills on time may apply for payment of tax by instalments before the due dates of the demand notes. For taxpayers who have obtained the IRD’s approval for instalment settlement of the demand notes for Salaries Tax, Profits Tax and Personal Assessment for the year of assessment 2020/21 issued between May 2021 and May ... Read more