Hong Kong Tax tutorial course 2019 - Workshop 2019

This course aims to provide you a concrete foundation of tax knowledge for taking the Aptitude Test (AT) of HKICPA. Exercises on multiple choice questions for the AT will also be discussed.

My Offerings

Overview

This course aims to provide you a concrete foundation of tax knowledge for taking the Aptitude Test (AT) of HKICPA. Exercises on multiple choice questions for the AT will also be discussed. In addition to lecturing in each session, participants will be required to answer 10 multiple choice questions during each lecture to recap the knowledge that they learned.


Key topics covered:

  • Introduction of Hong Kong tax system
  • Tax administration (Session 1)
    - Obligations of taxpayers and employers
    - Return, assessment, objection, appeal, correction of error and holdover
    - Offence and penalty
  • Property tax (Session 2)
    - Scope of charge
    - Property tax computation
    - Obligations of property owners
  • Salaries tax (Session 2)
    - Scope of charge
    - Employment, office and pension
    - Taxable and exempt income
  • Salaries tax (Session 3)
    - Expenses and deductions
    - Personal allowances
    - Salaries tax computation
    - Double tax arrangement with Mainland China
  • Profits tax (Session 3)
    - Scope of charge
    - Permanent establishment
    - Consignment sale
    - Non-resident entertainers
  • Profits tax (Session 4)
    - Badges of trade
    - Change of intention
    - Capital and revenue receipt
    - Source of profit
  • Profits tax (Session 5)
    - Source of profit (con’t.)
    - Deemed trading receipts
    - Exempt income
    - Deduction of expense in general
  • Profits tax (Session 6)
    - Deduction of interest expense
    - Specific deductions
  • Depreciation allowance (Session 7)
    - Plant and machinery
    - Industrial and commercial building
  • Profits tax (Session 8)
    - Profits tax computation
    - Treatment of loss
    - Basis period
    - Double tax arrangement with Mainland China
  • Profits tax (Session 9)
    - Special treatment of sole proprietorship
    - Special treatment of partnership
    Personal assessment
  • Mock Exam and Debriefing (Session 10)
    - Mock Exam: 1 hour 45 minutes; Debriefing: 1 hour 15 minutes
    - Mock Exam comprises English multiple choice questions in a closed book format


Important note:
This tutorial course is designed to prepare you for the HKICPA Autitude Test in Hong Kong Taxation. The mock exam is for study purpose only and does NOT automatically qualify you for HKICPA membership under our mutual recognition agreement. Please contact HKICPA to enrol the Aptitude Test.


Remarks:

  • Course enrolment is limited to CPA Australia members with ASA, CPA or FCPA status
  • Minimum of 15 participants to run the course or will be cancelled otherwise
  • In addition to lecturing in each session, students are required to answer 10 multiple choice questions each lecture to recap the knowledge that they learned
  • Total 27 CPD hours for Session 1-9 

 

Trainer profile:

Patrick Ho is the author of ‘Hong Kong Taxation and Tax Planning’, a professional accountant and a barrister-at-law. He was formerly an associate professor and a visiting professor of Department of Accountancy and Law of Hong Kong Baptist University, and an adjunct professor of Department of Accountancy of City University of Hong Kong. Patrick has accumulated over 35 years of taxation and teaching experience from international accounting firms, Inland Revenue Department and universities. Patrick holds a bachelor degree in Law from University of London, and a master degree in Law and a MBA from The University of Hong Kong. He is a fellow member of HKICPA.

Objectives

  • Understand Hong Kong taxation
  • Apply the knowledge to daily work
  • Attempt the AT at HKICPA

Audience

This course is for CPA Australia members who want to top up their knowledge of Hong Kong Tax in order to pass the Aptitude Test successfully.

Details

100333842

27 hours

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