Inland Revenue Department issues tax returns for individuals

Source: Hong Kong Government special administrative region

Inland Revenue Department issues tax returns for individuals???
Mr Chan said that the Inland Revenue (Amendment) (Tax Concessions) Bill 2025 was passed by the Legislative Council on April 30, 2025, which gives effect to the proposal in the 2025-26 Budget to reduce salaries tax, tax under personal assessment and profits tax for the year of assessment 2024/25 by 100 per cent, subject to a ceiling of $1,500 per case. Taxpayers only need to complete the tax returns for the year of assessment 2024/25 as usual. The tax concessions will be reflected in their final tax payable. 
He said, “The IRD is committed to promoting tax digitalisation and has been upgrading the functions of electronic tax filing to facilitate taxpayers and enhance the efficiency, reliability and accuracy of return filing. The IRD will launch three portals under eTAX this July, namely Individual Tax Portal, Business Tax Portal and Tax Representative Portal. Existing individual tax services provided by eTAX will be migrated to the Individual Tax Portal with a new design and enhanced functions. A mobile application for the portal will also be launched. The Business Tax Portal and the Tax Representative Portal enable businesses and service agents respectively to handle tax and business affairs electronically.”
 
He reminded taxpayers that when filing profits tax returns online, they may submit at the same time supporting documents in a specified electronic format. Details on electronic filing of profits tax returns are available on the IRD’s website 
Taxpayers may visit the IRD’s “
e-Seminars—————————————————————
 

Tax TypeRevenue
(Provisional
Figures)
($million)Revenue
(Actual
Figures)
($million)Personal AssessmentProfits TaxPlease see Annex 1 for details of the IRD’s tax revenue collection in the financial year 2024-25.
Issued at HKT 16:50

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