As stipulated in the Inland Revenue OrdinanceHong Kong companyNo more tax may be levied on the unpaid tax on the due date 5% Surcharge on the tax due date 6 The amount of taxes still unpaid after a month and 5% , will be imposed no more than 10% A surcharge on

In response to the economic downturn and some taxpayers(Both individuals and companies)The government may face financial difficulties2021years6month18Tax relief measures announced on Monday. Payment by instalments is approved for financial reasons2021years5Lunar solstice 2022years5It was sent during the month2020/21Taxpayers on Salaries tax, Profits tax and Personal assessment bills for the year of assessment who are able to pay all instalments in installments will be exempted from the surcharge for a period capped at one year from the date of payment of the tax bill. If the taxpayer has paid the first instalment of the tax bill on the due date, but the exemption limit for the second instalment of the tax bill is approved for one year from the due date of the second instalment of the tax bill. If a taxpayer fails to pay the instalments under the instalment arrangement on time, the arrangement will be cancelled and no additional tax will be levied on all outstanding tax 5% A surcharge on If in addition 5% surcharge 6 After a month there are still unpaid taxes and 5% Surcharge will be imposed no more 10% A surcharge on The above support measures do not apply to persons who have to settle their taxes before leaving Hong Kong and taxpayers who pay property tax.

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