Year of assessment 2019/20 tax filings time table

 In Hong Kong

In view of pandemic of coronavirus, the operation and public services of the Hong Kong Inland Revenue Department (“IRD”) are greatly affected. To cope with the development of the pandemic, the IRD has made changes to the time table of 2019/20 tax filings for taxpayers with tax representatives as follows:

1. Bulk issue of profits tax returns will be on 4 and 5 May 2020. Depending on a company’s accounting year end date, the filing deadlines are different as follows:

Accounting year end Filing deadline
1 Apr 2019 – 30 Nov 2019 30 Jun 2020
1 Dec 2019 – 31 Dec 2019 17 Aug 2020
1 Jan 2020 – 31 Mar 2020 16 Nov 2020 (Note)

Note: There will be a further extension to 1 Feb 2021 if the company incurs tax loss for 2019/20.

2. Bulk issue of individual tax return will be on 1 Jun 2020 and the filing deadline is 3 Aug 2020. If the taxpayer carried on sole-proprietorship business for 2019/20, the deadline is 2 Nov 2020.

3. Bulk issue of employer’s return and property tax return was on 1 Apr 2020 and the filing deadline is 1 May 2020.

4. For the purpose of country-by-country reporting notification, the deadline of Hong Kong reporting entities of accounting periods ended between 31 De 2019 and 29 Feb 2020 is extended to 1 Jun 2020.

Please feel free to contact us for more detailed discussion.

CONTACT INFORMAITON

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