In this article we’ll explain what personal assessment means in regards to Hong Kong tax and how it works.
From a tax point of view, the question arises on eCommerce tax: where and how is eCommerce business income being taxed?
The Hong Kong fiscal year runs from 1 April to 31 March of the following year. Accounting period for businesses can be departed from the fiscal year. However, the end of the fiscal year comes with the start of the 2022 tax filing season. No matter whether it is your first time to file tax […]
On 23 February 2022, the Financial Secretary of Hong Kong announced the Budget for the fiscal year 2022-23. The forecast is that for the fiscal year 2021-22, there will be a surplus of around HKD 18.9 billion, and that the fiscal reserves are expected to be HKD 946.7 billion by 31 March 2022.
