Computations, depreciation allowances and the profits tax return prepared with the supporting analysis retained.
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03 / TaxationProfits tax Salaries tax Offshore and exemption claims Assessments and enquiries Two-tiered profits tax rates Business registration
Taxation
Profits tax, salaries tax and property matters handled from computation to correspondence with the Inland Revenue Department.
Undertaken by: Hashmi & Company
Employer's return, employee reporting and individual computations, including housing and share benefits.
Positions documented on the facts of the trade, with the records needed to answer a later enquiry.
Objections, holdover applications and departmental correspondence answered within the statutory time limits.
The first HK$2 million of assessable profits charged at the reduced rate, with the single-entity rule for connected groups reviewed each year.
Business registration certificates, branch registrations and renewals kept current with the Inland Revenue Department alongside the tax filings.
Returns are issued on an annual cycle and carry short statutory deadlines; extensions depend on the accounting date.