Inland Revenue Department – 2024-25 Profits Tax Filing

by Kenny Ho Comment Closed
Inland Revenue Department – 2024-25 Profits Tax Filing   The Inland Revenue Department (IRD) issues 2024/25 Profits Tax Returns to corporations and partnership businesses today. To keep pace with the development in international tax administration and information technology, the Department is actively promoting tax digitalization.  Taxpayers are encouraged to file electronically their Profit Tax Returns together with the supporting documents (including financial statements and tax computations) in iXBRL format on a voluntary basis. To facilitate taxpayers in preparing the required iXBRL data files, the IRD is providing the IRD Taxonomy Package (the Taxonomy) and the IRD iXBRL Data Preparation Tools (including the Template Tool and Tagging Tool, collectively known as the Tools), which are available for download from the IRD website free of charge.  The Taxonomy and the Tools have been updated and enhanced this year.  The major enhanced features include: enhancing the English Tagging Tool (Windows Version) to accept the import of financial statements in Microsoft Excel format; and enriching the selection of...
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Supporting Event: Innovating HongKong – Global Talent Carnival 2025

by Katie Mak Comment Closed
  Nearly 400 Leading Multinational Enterprises in Hong Kong! Innovating HongKong - Global Talent Carnival Offers Over 10,000 Jobs for International Recruits! BY INNOVATING HONG KONG [PHOTO/INNOVATING HONG KONG]   Benefiting from a series of favourable policies continuously launched by the Hong Kong Government, from 2023 to the end of September 2024, a total of 380,000 applications have been received under the various talent admission schemes, with nearly 240,000 approved. 196,000 people have successfully arrived in Hong Kong, and 144,000 of their spouses and children have been motivated to come to settle in Hong Kong together. Figures show that the average median monthly income is about $50,000, with 25% of them earning more than $100,000 a month. Hong Kong's job market is extremely attractive, both in terms of income level and choice of industry! However, finding a job that meets the visa requirements is not easy, and suitable positions are relatively scarce. In this regard, the annual recruitment event, Innovating Hong Kong - Global Talent...
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TIHK Physical Seminar: Key Issues Arising from The China Two Sessions 2025

by Kenny Ho Comment Closed
Programme Code: 20250417 Date: 17 April 2025 (Thursday) Time: 6:30 pm - 7:30 pm Speakers: Mr. Peter Kung, Past President of The Taxation Institute of Hong Kong                    Dr. Thomas S.T. So JP, Chairman of eBRAM International Online Dispute Resolution Centre Language: Cantonese Venue: Room 201, 2/F, 15 Hennessy Road, Duke of Windsor Social Service Building, Wanchai, Hong Kong CPD Hours: 1 Seat: 100 Click here to register...
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TIHK Hybrid Seminar: Revisiting the Common Reporting Standard – What is the CRS implications for non-traditional financial institutions?

by Kenny Ho Comment Closed
  Programme Code: 20250415 Date: 15 April 2025 (Tuesday) Time: 6:30 pm - 8:00 pm Speakers: Ms. Kathleen Wang, Tax Partner, PwC Hong Kong                    Mr. Jeffrey Ip, Senior Manager, Tax Reporting and Strategy practice, PwC Hong Kong                    Ms. Terri Yu, Manager, Corporate Tax group, PwC Hong Kong Language: Cantonese Venue: TIHK Office, 21/F, Kam Sang Building, 255-257 Des Voeux Road Central, Hong Kong CPD Hours: 1.5 Seat: 100 Click here to register...
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New TIHK webinar: A dialogue with Ms Lusan Hung (Head, Budget and Tax Policy Unit, Financial Secretary’s Office, HKSAR Government)

by Kenny Ho Comment Closed
Programme Code: 20250318 Date: 18 March 2025 (Tuesday) Time: 6:30 pm - 7:30 pm Speakers: Ms. Lusan Hung, Head, Budget and Tax Policy Unit, Financial Secretary’s Office, HKSAR Government Ms. Winnie Shek, President, TIHK Ms. Anita Tsang, Honorary Secretary, TIHK Language: Cantonese Venue: Live webinar CPD Hours: 1 Seat: 100 Click here to register!...
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TIHK Seminar: 2025-26 Hong Kong Budget Highlights

by Kenny Ho Comment Closed
Introduction: The Hon Paul Chan Mo-po, Financial Secretary of the Government of the HKSAR, will deliver the 2025/26 Budget on 26 February 2025.  While the external environment has turned more challenging recently, it is important for the government to come up with measures that support and enhance the future sustainable development of Hong Kong, solidifying our path toward sustainability through fiscal and tax strategies. In this seminar, Ms. Winnie Shek, the President of TIHK, Ms. Ada Ma and Mr. Desmond Wong, the Council Members of TIHK, will discuss the highlights of the 2025/26 Budget and share their insights with our members. Programme Code: 20250305 Date: 05 三月 2025 (Wednesday) Time: 12:30 pm - 1:30 pm Language: Cantonese Venue: Live webinar Speakers: Ms. Winnie Shek, President, TIHK Ms Ada Ma, Council Member, TIHK Mr. Desmond Wong, Council Member, TIHK CPD Hours: 1 Seat: 100 Click here to register...
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