Practical individual income tax - Workshop 2020

Overview

Accountants, business owners and individuals (employee / property owner) frequently encounter problems on understanding the charge of salaries tax and property tax, the deductions available and the tax relief under personal assessment. The workshop aims to provide you with an understanding on how to properly handle property tax returns and individual income tax returns.

Key topics covered:

• Charge of property tax and who are liable to pay property tax
• Scope of the charge of salaries tax
• Charge and tax relief available for fringe benefits
• Deduction available under salaries tax
• Personal allowances under salaries tax
• How to make use of personal assessment to reduce tax liability

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 charge of property tax and salaries tax under Inland Revenue Ordinance
• Discuss the relief available in the form of exempt income, deductions, personal allowances under salaries tax and personal assessment

Audience

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