Tax administration in practice - Workshop 2020

Overview

Accountants and business owners frequently encounter problems on the procedures of handling tax administration of Inland Revenue Ordinance (IRO) and officers of Inland Revenue Department (IRD). The workshop aims to provide you with an overview of the compliance requirements of IRO and avoid penalty on non-compliance.

Key topics covered:

• Obligations of a taxpayer in general
• Obligations of an employer
• Procedure for objection, appeal, correction of error, holdover of provisional tax (especially for new deductions for 2019/20)
• Consequences of late payment of tax, surcharge and IRD’s authority for recovery of unpaid tax from taxpayers
• Back duty and investigation
• IRD’s authority for collection of information
• Penalty for not complying the obligations of IRO, under-statement of income in a tax return and provision of wrong or false information to IRD

Trainer profile:

Patrick Ho, LL.B, LL.M., MBA, MCS, FCCA, FCPA

Barrister-at-law, Principal Lecturer, FTMS Training Systems (HK) Limited. He is the sole author of the book “Hong Kong Taxation and Tax Planning”, and has more than 35 years’ experience in tax practice, university teaching and in-house teaching in all the Big 4.

Objectives

• Understand the procedure when observing the compliance under IRO and handling correspondence and assessment with IRD
• Discuss excessive tax and unnecessary penalty in overlooking the rules in the IRO

Audience

This workshop is suitable for commercial accountants, auditors and tax professionals.