Taking into account the present economic situation, the Inland Revenue Department in Hong Kong has announced that taxpayers with financial difficulties in settling their 2019/20 tax bills on time may apply for payment of tax by instalments before the due dates of the demand notes (conditions apply). For applicants successful in applying for instalment settlement of the demand notes issued between August 2020 and August 2021, no surcharge will be imposed for a maximum period of one year counted from the respective due dates of the demand notes, provided that the instalment plans are duly adhered to.

Want to learn more or require our assistance in application lodgment? Please contact us at inquiries@rillatax.com.

#hktax #YOA1920 #taxpayment #surchargewaiver #rillatax