Hong Kong Tax Substance? Do the test! Contact us

Property Tax

Hong Kong property tax is charged on persons who are the owners of any land or buildings or both located in Hong Kong and earn rental income from the land and/or buildings. Certain additional deductions (e.g. mortgage interest) are available when the taxpayer concerned elect for personal assessment, subject to certain conditions.

We can advise our clients on their property tax matters. Meanwhile, we help clients to have the property tax filing on an appropriate tax return.

Specific questions? We are happy to help you. Contact us

About Us

We all know that the duty to pay tax will always be there. As Hong Kong and Mainland China are emerging markets, sophisticated tax advice in Asia has become increasingly in demand with a view to mitigate the (corporate) income tax in Hong Kong and elsewhere.

Further, as a result of recent pressure from the Organisation for Economic Co-operation and Development (`OECD`), most jurisdictions, including Hong Kong and Mainland China, have decided that Exchange of Information should be part of their tax legal system.

The tax system in Hong Kong is simple but not straight forward. HKWJ Tax Law & Partners Limited is here to assist you with finding the right tax solution for you personally and your companies by means of offering Mainland China and Hong Kong tax services including international tax services. We are also specialised in resolving tax disputes between the Mainland China/Hong Kong tax department (Hong Kong tax office) and clients. In Hong Kong, apart from Hong Kong taxation, we are here to assist you also with your accounting issues and carry out process agent services at the same time.

Our People

Willem Jan Hoogland

Partner Get in touch

David Lo

Senior Tax Manager Get in touch

Andy Ma

Accountant Get in touch

Testimonials

If that’s what I understand, we won the case. I just can’t believe it, I wait for your confirmation to celebrate it, but in any case, you did an amazing job and I would be the first one to recommend you.

Latest news

It’s That Time of The Year – Filing of Hong Kong Individual Tax Returns for 2018/2019

16 May 2019

This article is a friendly reminder to taxpayers who have individual tax filing obligations in Hong Kong. Introduction On 2 May 2019, the Hong Kong Inland Revenue Department (“HK-IRD”) issued annual Individual Tax Returns (BIR 60) (“Tax Returns”) for the year of assessment 2018/19 to taxpayers for completion. Taxpayers are obliged to complete and file… read more

Hong Kong 2019-2020 Budget

7 March 2019

Introduction On 27 February 2019, the Financial Secretary of Hong Kong announced the Budget for the fiscal year 2019-2020. The forecast is that for the fiscal year 2018-19, there will be a surplus of HKD 58.7 billion, and that the fiscal reserves will reach HKD 1,161.6 billion by 31 March 2019. This Budget has been… read more

The Taxation of the Digital Economy

4 January 2019

Introduction Many of us have heard or might even have read about the taxation of the digital economy. This not only because the Organisation for Economic Co-Operation and Development (‘OECD’) and the European Union (‘EU’) both have issued reports on this matter, but also because it has become a ‘hot topic’ within the society itself… read more

Potential Risks of Erroneous Exchange of Tax Information

21 November 2018

Introduction Due to global implementation of common reporting standard (CRS)/automatic exchange of information (“AEOI”), financial institutions (“FIs”) are required to conduct due diligence on account holders to ascertain their tax residency, and accordingly whether certain information of the financial accounts of the account holders is required to be exchanged to foreign tax jurisdiction(s). The due… read more

See all news items