Warm Reminder on Profits Tax Return Filing Requirements

Please take note of the following new filing requirements when you do profits tax filing this year:

If you have any gross income during the basis period, you must submit your profits tax return together with all supporting documents (including financial statements and tax computation). Small corporations and businesses with gross income not exceeding HK$2 million will no longer be permitted to file their profits tax returns without supporting documents.

Where appropriate, you are required to electronically file (e-file) all relevant supplementary forms and other forms to be furnished with the profits tax return under the eTAX services provided at GovHK.

The Department has already enhanced the eTAX services to enable more corporations and businesses (excluding sole proprietorship businesses) to voluntarily e-file their profits tax returns together with financial statements and tax computations in inline eXtensible Business Reporting Language (iXBRL) format. As an alternative to paper filing of your profits tax return, you are encouraged to participate in voluntary e-filing through the eTAX platform so as to enjoy a further one-month extension of filing deadline.

For details on the new filing requirements, please visit our website (www.ird.gov.hk/eng/tax/bus_cpt.htm). For enquiries on the eTAX services, you may contact our eTAX Helpdesk Hotline at 183 2011. For enquiries in relation to the use of the IRD iXBRL Data Preparation Tools, you may contact us at ixbrl_reporting@ird.gov.hk or access e-Appointment to book-in-advance a specific timeslot. We will contact you by phone at the booked timeslot.