2000-01 Annual Report, Inland Revenue Department
(Text Only)


SCHEDULE 15

TAX RESERVE CERTIFICATES

Content

Tax Reserve Certificates
1997-98 Sales Redemption
Number of Certificates Value (Dollars thousand) Number of Certificates Value (Dollars thousand) Interest (Dollars thousand)
Normal (to save for tax) - Paper certificate 22,924 207,017 24,764 300,715 8,380
Normal (to save for tax) - Pay-As-You-Earn Scheme 34,547 74,902 25,034 65,507 1,468
Objection / Appeals 1,083 1,286,820 981 1,380,124 47,733
Total 58,554 1,568,739 50,779 1,746,346 57,581

Tax Reserve Certificates
1998-99 Sales Redemption
Number of Certificates Value (Dollars thousand) Number of Certificates Value (Dollars thousand) Interest (Dollars thousand)
Normal (to save for tax) - Paper certificate 25,158 1,328,552 21,281 691,686 9,846
Normal (to save for tax) - Pay-As-You-Earn Scheme 50,691 106,093 34,796 88,506 2,908
Objection / Appeals 1,030 2,848,756 1,078 1,677,468 52,391
Total 76,879 4,283,401 57,155 2,457,660 65,145

Tax Reserve Certificates
1999-2000 Sales Redemption
Number of Certificates Value (Dollars thousand) Number of Certificates Value (Dollars thousand) Interest (Dollars thousand)
Normal (to save for tax) - Paper certificate 8,786 266,130 16,447 467,531 16,176
Normal (to save for tax)
Save-As-Your-Earn Scheme
(The "Pay-As-You-Earn" Scheme was renamed as the "Save-As-You-Earn" Scheme on 1 September 1999.)
60,834 131,588 53,371 121,253 3,584
Normal (to save for tax)
Electronic Tax Reserve Certificates Scheme
(The Electronic Tax Reserve Certificates Scheme was introduced on 1 September 1999 to replace the paper certificates. )
8,075 73,998 4,230 51,992 404
Objection / Appeals 1,048 1,901,142 1,065 2,377,478 96,129
Total 78,743 2,372,858 75,113 3,018,254 116,293

Tax Reserve Certificates
2000-01 Sales Redemption
Number of Certificates Value (Dollars thousand) Number of Certificates Value (Dollars thousand) Interest (Dollars thousand)
Normal (to save for tax) - Paper certificate 929 36,629 4,294 180,913 23,216
Normal (to save for tax)
Save-As-Your-Earn Scheme
(The "Pay-As-You-Earn" Scheme was renamed as the "Save-As-You-Earn" Scheme on 1 September 1999.)
61,317 130,142 58,438 124,966 3,594
Normal (to save for tax)
Electronic Tax Reserve Certificates Scheme
(The Electronic Tax Reserve Certificates Scheme was introduced on 1 September 1999 to replace the paper certificates. )
25,054 185,605 20,378 168,926 3,194
Objection / Appeals 799 1,218,217 889 1,646,986 52,709
Total 88,099 1,570,593 83,999 2,121,791 82,713


Contents | Schedules | Schedule 1 | Schedule 2 | Schedule 3 | Schedule 4 | Schedule 5 | Schedule 6 | Schedule 7 | Schedule 8 | Schedule 9 | Schedule 10 | Schedule 11 | Schedule 12 | Schedule 13 | Schedule 14 | Schedule 15 | Schedule 16 | Schedule 17 |

Homepage | Publications and Press Releases | Annual Report | 中文版年報 (Chinese Version)


(Last updated/reviewed : February 18, 2002)