As the Hong Kong tax filing season approaches, individual taxpayers may be exploring available deductions and allowances to reduce their tax liability. One commonly claimed allowance is the Dependent Parent and Grandparent Allowance, which applies to those who financially support an elderly parent or grandparent. While the allowance offers meaningful tax relief, the eligibility criteria […]
In Hong Kong’s corporate sector, understanding the nuances of various tax-related forms is crucial for employers. One such form, the IR56G, plays a vital role when an employee decides to leave not just their job, but also Hong Kong itself. The IR56G form is part of the Tax Clearance process when leaving Hong Kong. What […]
For individual taxpayers in Hong Kong, the BIR60 form is a crucial document that shouldn’t be overlooked. This guide offers a step-by-step walkthrough of the BIR60 form.
In this article, we will go into tax field audits on companies and individuals in Hong Kong and how to navigate through them.
