Q:
|
What are your tax obligations as an employer in Hong Kong?
|
|
A:
|
Your tax obligations commences when you hire your first employee. You need to:
1.
|
keep sufficient payroll records for your employees for at least 7 years, such as employee’s personal particulars, nature of employment, capacity in which employed, amount of cash remuneration, non-cash and fringe benefits, employer’s and employee’s contributions to the Mandatory Provident Fund or its equivalent, employment contract and amendments to terms of employment and period of employment; and
|
|
2.
|
report remuneration paid to employees by submitting annual Employer’s Return and/or Notification Forms
|
|
Q:
|
I received an Employer’s Return (BIR56A) from the Hong Kong Inland Revenue Department. Do I still need to submit that even if I do not have any employee yet?
|
A:
|
Yes, you are still required to complete it and lodge with the Hong Kong Inland Revenue Department within 1 month from the date of the issuance even if
1.
|
you do not hire any employee or
|
|
2.
|
the business has not commenced or
|
|
3.
|
the business has ceased
|
|
Q:
|
Do I need to report remuneration paid to all employees on my Employer’s Return?
|
A:
|
For the year of assessment 2019/20, you have to report the employee on your Employer’s Return only if he or she is:
1.
|
single and paid an annual income of HK$132,000 or more;
|
|
2.
|
married (regardless of amount;
|
|
3.
|
a part-time staff (regardless of amount);
|
|
4.
|
a director (regardless of amount
|
|
Q:
|
What are the Notification Forms and when are the statutory period for notification?
|
A:
|
The Notification Forms need to be submitted by an employer when an employee meets following employment conditions:
Employment Condition
|
Form to Complete
|
Statutory Period of Notification
|
Commencement of employment
|
IR56E
|
Within 3 months
|
Cessation of employment
|
IR56F
|
No later than 1 month before cessation
|
Departure from Hong Kong
|
IR56G
|
No later than 1 month before departure
|
|
Q:
|
We close our accounts on 31 December. Can we file Employer’s Return in accordance with our accounting date?
|
A:
|
No, the basis period for Salaries Tax runs from 1 April of the current year to 31 March of the succeeding year. Hence, Employer’s Return must be completed for the relevant year ended 31 March.
|
よくあるご質問
