TIHK News

As announced by the HKSAR Government, Mr Tam Tai-pang has been appointed as the new Commissioner of Inland Revenue following the retirement of Mr Wong Kuen-fai.  Mr Tam will assume the post on 20 August 2020 when Mr Wong commences his pre-retirement leave.

Mr Tam has profound knowledge and experience in tax administration, and also possesses proven management and leadership skills.  The Taxation Institute of Hong Kong (“the Institute”) congratulates Mr Tam on his new appointment and looks forward to working with him for the betterment of the Hong Kong tax profession in the future.

The Institute would also like to express its gratitude to Mr Wong for leading the Inland Revenue Department in the past years, and wish him a happy retirement.

The TIHK Secretariat office will resume normal office hours (9:30am to 6:30pm, Monday to Friday) from 17 August 2020 (Monday).  The office has earlier been disinfected completely.

Any enquiries can be sent to tihkadm@tihk.org.hk.

In view of the current surge of COVID-19 cases and the health and safety of members and staff, the Institute has decided to postpone the Extraordinary General Meeting (EGM) and the 48^th Annual General Meeting (48^th AGM) scheduled to be held on 6 August and 28 August 2020 respectively.  The Institute will reschedule both the EGM and the 48^th AGM when the epidemic situation is easing.

On a related note, as of the nomination deadline (i.e. 27 July) for the Election of Eight Members to the Council, the Institute has not received any new nominations apart from the retired eight Council Members standing for re-election.  Since the candidates running for election are not more in number than the vacancies, no polling will be needed.  The eight persons so running for election shall, as from the 48^th AGM, be deemed to be duly elected members of the Council.

The Secretariat staff members will continue to work from home until further notice.  Should you need any assistance, please contact us by email tihkadm@tihk.org.hk.  We will reply you as soon as possible, however response time may be longer than usual.

At this difficult time, the Institute wishes you and your loved ones health and safety.

A TIHK Secretariat staff member has tested positive for Covid-19 on 26 July 2020.  The infected employee last worked at Sheung Wan Secretariat office on 20 July 2020.

The Secretariat office will close for deep cleaning from 27 July 2020 (Monday) until further notice.  In the meantime, all staff members will be undergoing a test and working from home.

We apologise for any inconvenience caused.

香港稅務學會(下稱「學會」)會長崔慶昭先生、副會長吳錦華先生及黃信安先生、理事黃智威先生近日獲特聘為中國國際稅收研究會學術研究委員會委員。

學會副會長許仲瑛先生、理事蔡權安先生及上屆會長陳頌偉先生獲委任中國注冊稅務師協會榮譽理事。

學會顧問及前會長龔永德先生獲國家稅務總局選任為第二屆港區稅務專家，特聘為中國稅務學會稅收學術研究委員會委員。學會顧問及前會長楊嘉燕女士亦獲特聘為中國稅務學會學術委員會委員。

學會在此祝賀崔會長、各副會長、理事及前會長，並相信是次委任定必能增加香港與內地稅務業界交流，增進兩地稅務專業發展。

The Taxation Institute of Hong Kong (TIHK) has organised the “CIOT and TIHK Virtual Chartered Tax Adviser Launching Ceremony” on 16 July 2020 to celebrate the TIHK’s achievement of being awarded the licensing right to grant the “Chartered Tax Adviser” designation from Chartered Institute of Taxation (CIOT).

Although due to the recent COVID-19 situation, the Ceremony could not be held physically, TIHK still leveraged on the technology within a short period of time to arrange the event online.

We were pleased to have the CIOT President, Mr Glyn Fullelove, and other CIOT colleagues joining the Ceremony.  We were also honored to have, Mr Paul Chan Mo Po, GBM, GBS, MH, JP, Financial Secretary of the government of HKSAR, to be the Guest of Honor of the Ceremony and deliver a keynote speech.

We thank all members and friends for joining us in this virtual ceremony to share our joy and pride, and we hope to meet you face-to-face very soon!

To view the Celebration Booklet:

To watch the virtual Launching Ceremony:

In view of the third wave of COVID-19 infection cases, the Institute has earlier proposed to the IRD to extend the D-code filing deadline.

The IRD has agreed to extend the due date for filing Profits Tax returns for 2019/20 with Accounting Date Code D (i.e. accounting date falls within 1 December 2019 to 31 December 2019) from 17 August 2020 to 15 September 2020. Despite this extension, tax representatives are encouraged to file as many returns as possible well before the extended due date.

The Institute thanks the IRD for their understanding in this difficult time.

Nominations are now being sought for an Election of Eight Members to the Council (“the Election”). Since the Secretariat office will close for deep cleaning from 27 July 2020 (Monday), all duly completed nomination forms must be sent to the Secretariat’s email (tihkadm@tihk.org.hk) by 5:30 p.m., 27 July 2020.  Late submission will not be accepted.  The original copy of the nomination form should also be sent to the Secretariat office afterwards by post.

Please refer to the nomination notice for the detailed election schedule:

The election result will be announced at the Institute’s 48^th Annual General Meeting (AGM) which is scheduled to be held on 28 August 2020.  The notice of the 48^th AGM will be issued to members at a later time.

If you have any enquiries regarding the Election, please contact the TIHK Secretariat at 2810-0438 or email tihkadm@tihk.org.hk.

稅務師錦囊(終極篇)：利得稅兩級稅率

香港政府為了提升香港營商環境，於2018/19課稅年度(即2018年4月1日或之後) ，實施利得稅兩級制。利得稅兩級制適用於所有香港有應課利得稅的實體，有助減輕企業(包括法團及非法團業務) 的整體稅務負擔。

利得稅兩級制實施後，法團首二百萬元應評稅利潤的利得稅稅率減半至8.25%，其後的應評稅利潤為16.5%。至於非法團業務 (獨資或合夥業務)，首二百萬元應評稅利潤的利得稅同樣減半至7.5%，其後維持在15%。但如該實體在課稅年度內有關連實體，兩級稅率則只適用於獲提名的其中一間有關連實體。

對於有多種收入的納稅人，例如在一個課稅年度內，同時受僱及經營獨資或合夥業務，在利得稅兩級制實施後，應考慮選擇以個人入息課稅方式評稅是否有利，因個人入息課稅的適用稅率有機會較兩級制稅率為高。

如閣下想了解更多關於利得稅兩級制的條款及其運用，可於6月21日前於指定時間內，致電稅務學會的義務電話稅務諮詢熱線2581 9003 ，免費向註冊稅務師諮詢。

劉湛深 註冊稅務師

劉國安劉湛深會計師行

(6月20日於頭條日報同步刊登)

稅務師錦囊(十之十)：為甚麼要選擇電子報稅？

有收到報稅表嗎？沒有？會否在你的電子戶口內呢？

今年，因為疫情的關係，稅務局將發出報稅表的時間延遲了一個月，一般的所謂綠色炸彈已於六月初發出。如果你未收到，很大的可能是你曾經使用了eTax 申報，所以報稅通知便直接發到了電子戶口中。

有開立及用過「稅務易」帳戶的納稅人都知道，可於網上隨時隨地查閱其稅務狀況，以及處理稅務事宜或聯絡稅務局。然而，僱主亦可以透過網上平台，辦理及提交每年的僱主報稅表，即BIR56A、IR56B、IR6036B、IR56M，以及各類僱主通知書如IR56E/IR56F/IR56G等，方便快捷。

疫情下，電子報稅可能更令納稅人喜歡，皆因少了接觸而可以减低感染的機會。而且，稅務局將大力提升電子服務，未來引進的報稅方式將加強電子報稅，納稅人宜多加注意。

吳錦華　註冊稅務師

吳錦華會計師事務所

(6月19日於頭條日報同步刊登)