TIHK News

Renaming and Renewal of the CTA Accredited Employer Programme

We would like to express our heartfelt thanks to all Accredited Employers’ (“AE”) support of the Certified Tax Adviser Accredited Employer Programme (“AEP”) in the past years. As of today, we have more than 290 Accredited Employers (“AE”), including EY, KPMG, PwC, SHINEWING, Crowe Tax Services, HLB Hodgson Impey Cheng, PKF, and many other renowned CPA firms.

Following our Licensing Agreement with the Chartered Institute of Taxation (“CIOT”) in June 2020 under which the CIOT has licensed the Institute to grant the “Chartered Tax Adviser” designation to our qualifying members, the current Certified Tax Advisers will convert to Chartered Tax Advisers in 2021. In addition, the Certified Tax Adviser (CTA) Qualifying Examination will be renamed as “Chartered Tax Adviser Qualifying Examination”, and the current AEP will also be renamed as “Chartered Tax Adviser Accredited Employer Programme”.

The current AEP will expire on 31 December 2020 and we would like to invite all AE to renew your registration for a further term of five years from 1 January 2021 to 31 December 2025.

Under AEP, the Institute will provide training platforms to the AE in the areas of technical issues and experience sharing in their daily work engagements. Benefits to you as an AE include:

– Participating in professional development trainings and seminars organised by the Institute and enjoying a special rate.
– Attending CTA Examination sharing sessions.

All AE will receive an email notice on details of renewal. A set of hardcopy renewal forms will be posted to AE’s company address and online forms are also available.

Deadline of returning the renewal documents is 21 December 2020.

Should you have any enquiries regarding the renewal or renaming of AEP, please contact Miss Lorin Lam of the Institute’s Secretariat at 2810 0438.

Hong Kong Competition Ordinance: Developments and Considerations

LexisNexis Hong Kong will host a FREE knowledge sharing webinar on the topic of “Hong Kong Competition Ordinance: Developments and Considerations”.  This webinar will focus on practical experiences of the speakers in handling Competition Commission investigations and litigation before the Competition Tribunal.

Date: 25 November 2020 (Wed)
Time: 12:00nn – 12:45pm
Language: English

Speakers:

• Mr Carter Chim, the Barrister-at-Law of Denis Chang’s Chambers
• Mr Marcus Pollard, the Competition Counsel, Hong Kong SAR of Linklater

For details, please click here or refer to below poster.

**Special offer for attendees: 10% off on Butterworths Hong Kong Competition Law Handbook – Second Edition**

Please click here for online registration.

We are pleased to inform you that the new intakes of Professional Diploma in Tax Advisory programme jointly offered by The Taxation Institute of Hong Kong and CityU School of Continuing and Professional Education (SCOPE) will commence in January 2021.

Upon completion of this Programme, members/students are eligible to apply exemptions from Paper 2 “Hong Kong Tax” and Paper 3 “International Tax” of the Certified Tax Adviser (CTA) Qualifying Examination (which will be renamed as “Chartered Tax Adviser (CTA) Qualifying Examination in 2021) organised by the Institute.

The enrollment deadline for this Programme is 14 December 2020.  Please visit www.cityu.edu.hk/ce/pdta for more details.

On a related note, the Institute and SCOPE will jointly organise an information seminar to introduce the Programme.  Details of the seminar are as follows:

Project Management Institute Hong Kong Chapter – PMI HK Asia Pacific Project Management Congress 2020

The Project Management Institute Hong Kong Chapter is proud to host the Asia Pacific Project Management Congress 2020 (Virtual Conference).

With the theme of “Road to Recovery, The Way Forward”, the Congress will offer an invaluable platform on ideas exchanges and experience sharing among senior executives and seasoned professionals on how the world can adapt to recover from the pandemic and the importance of project management in supporting Recovery.

• Date: 12 December 2020 (Saturday)
• Time: 9:30 am – 5:30 pm
• Theme: Road to Recovery, The Way Forward
• Fee: TIHK members are entitled to discounted Congress registration rates at HKD 888

For more details, please visit the Congress’s website: www.pmihkcongress.com

The completed registration form could be returned to the Congress Secretariat by email (congress@pmi.org.hk) or fax (2784 1616). The registration deadline is 30 November 2020.

Should you have any inquiries on the Congress, please contact the Congress Secretariat at 2784 1880 or email to congress@pmi.org.hk

香港專業及資深行政人員協會 – 第二屆「專資青年追夢計劃」

– 計劃日期︰2021年1月至8月
– 對象︰ 19歲至30歲的年輕人
– 計劃內容包括 6次講座分享、 2次本地參觀及1次內地考察。
– 參加者需於活動完成後以「十年後的我：逆境中的機遇」為主題，以組別形式進行演示。評審團將選出冠、亞、季軍優勝隊伍，優勝隊伍可分別獲得獎金$5,000、$3,000及$2,000。

首屆「專資青年追夢計劃」專題報告：https://online.flipbuilder.com/gxpp/vmzo/
「十年後的我和香港」影片：https://1drv.ms/u/s!AtIT-08nWQdog5xwcdyDr0KHER6gOg?e=8QbL4e
「專資青年追夢計劃」宣傳片：https://1drv.ms/u/s!AtIT-08nWQdog5x1DjsTbkPMpscOEw?e=Wk5Rh0

網上報名︰https://forms.gle/zTTDFmpp82hukkud7

截止日期為11月30日。

如欲了解計劃詳情，請聯絡專資會秘書處。(電話︰3620 2918；傳真︰3620 3106；電郵︰office@hkpasea.org)。

【香港稅務學會支持機構】

【ACA x SCAA x TIHK x AIA x ADF免費網上論壇】

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YouTube 直播歡迎大家免費參與，時間約一小時，觀看證明及講義亦將免費派發給已登記朋友，有興趣的朋友需要到ADF網頁(www.adf.hk)登記，並按此連結(https://bit.ly/3ejg6R9)完成網上問卷調查。

如欲了解詳情，請按此連結(https://bit.ly/2JtiSYI) 至會計專業發展基金網站。

The Institute is pleased to announce the new President, Vice-Presidents, Honorary Treasurer and Honorary Secretary of the Institute for the 2020/21 have been elected at the first Council Meeting 2020/21 which was held immediately after the 48^th Annual General Meeting on 25 September 2020.

A list of 2020/21 Council Members:

The Institute would like to take this opportunity to thank the Council Members for their valuable services and contribution to the development of the Institute in the past year, and congratulate the President, Vice-Presidents and the Honorary Officers for being elected/re-elected.

The Institute also counts on your continued support for its future development.

In view of the developing situation of the COVID-19 pandemic, many taxpayers and their representatives’ work schedules have been greatly affected as most companies have adopted remote working and the auditors cannot go to the Mainland to perform the onsite audit work.

As many of the Institute members are tax practitioners who work in Small and Medium size sectors, the Institute is concerned about the coming due date for M Code Returns, and has proposed to the Inland Revenue Department (IRD) to extend the due date in order to minimise the potential impacts to both taxpayers and tax representatives during the preparation of their returns and financial statements.

The IRD has replied the Institue and agreed to extend the due date for filing 2019/20 M Code Profits Tax Returns to 30 November 2020 in order to support the professionals and business.  Despite this extension, tax representatives are encouraged to file as many returns as possible well before the extended due date.

On a related note, the due date for D Code Returns will also be extended to 30 September 2020.

The Institute thanks the IRD for their understanding in these difficult times.

Members and Students should note the following important updates on the 2020 CTA Qualifying Examination:

1. Precautionary Measures at Examination Venue 

The Institute and the Hong Kong Examinations and Assessment Authority (HKEAA) will implement a number of prevention and control measures at the examination venue to protect all candidates from the risk of infection of COVID-19.

For details of the measures, please refer to HKEAA’s notice:

2. Revision Courses

Attendance of these revision courses is optional. Please visit www.tihk.org.hk/programmes-courses/ for more details.

3. Textbook

The Institute and Wolters Kluwer have jointly published the textbook “International Tax Law & Practice” for Paper 3.  To order the textbook, please click

4. Enrollment Deadline of 2020 CTA Examination

Enrollment for 2020 CTA Examination will close at 12:00 noon, 15 September 2020.  Please click here for online enrollment.

For enquiries, please contact the TIHK Secretariat by email: tihkadm@tihk.org.hk, or telephone: 2810-0438.