On 8 September 2022, the Hong Kong Inland Revenue Department (IRD) issued a circular letter to tax representatives extending the lodgement of 2021/22 tax returns to 30 September 2022. Recognising the genuine difficulties being experienced by businesses and practitioners in their operations as a result of the recent situation of the COVID-19 epidemic, the Inland Revenue Department has decided to grant a final extension of time for filing 2021/22 Profits Tax returns with Accounting Date Code ‘D’ (i.e. accounting date falls within 1 December 2021 to 31 December 2021) up to 30 September 2022. Despite this extension, tax representatives are encouraged to file as many returns as possible well before the extended due date. Previously it was extended to 15 September 2022.
Related Posts
Hong Kong extends filing 2023/24 lodgement tax returns for year-end dates between January and March 2024 accounting year
The Hong Kong Inland Revenue Department (IRD) has released a Circular Letter to Tax Representatives on the Block Extension Scheme for Lodgement of 2023/24 Tax Returns on 15 January 2025. According to the letter, recognising the genuine
Read MoreHong Kong gazettes amendment to Minimum Tax for Multinational Enterprise Groups Bill 2024
Hong Kong announced that the Inland Revenue (Amendment) (Minimum Tax for Multinational Enterprise Groups) Bill 2024 was published in the Gazette on 27 December. The Bill seeks to implement the international tax reform framework, Base Erosion and
Read MoreHong Kong publishes draft guidance on proposed company re-domiciliation regime
The Hong Kong Inland Revenue Department has released draft guidance on the proposed company re-domiciliation regime introduced under the Companies (Amendment) (No. 2) Bill 2024 on 20 December 2024. It is pending approval in the Legislative
Read MoreHong Kong, Croatia tax treaty enters into force
The income tax agreement between Hong Kong and Croatia entered into force on 20 December 2024. Hong Kong and Croatia signed an income and capital tax agreement on 24 January 2024, seeking to eliminate double taxation on income and capital while
Read MoreBangladesh, Hong Kong tax treaty enters into force
The tax treaty between Bangladesh and Hong Kong entered into force on 20 December 2024. The Bangladesh-Hong Kong Income Tax Agreement (2023)’s provisions will apply from 1 April 2025 for Hong Kong and 1 July 2025 for Bangladesh. The
Read MoreHong Kong enacts Tax Deductions for Leased Premises Reinstatement and Allowances for Buildings and Structures Bill
The Hong Kong Inland Revenue Department (IRD) passed the Inland Revenue (Amendment) (Tax Deductions for Leased Premises Reinstatement and Allowances for Buildings and Structures) Bill 2024 on 18 December 2024. This bill covers tax deductions for
Read More