2025 First-Time Tax Filing in Hong Kong: 5 Key Questions

Many people have a lot of questions when filing taxes for the first time, especially those who are new to the workforce. According to the "Guide to Tax Return for Individuals" published by the Hong Kong Inland Revenue Department, here are five of the most common questions to help you easily grasp the key points of tax filing!

1. When do I need to file taxes for the first time?

The tax year in Hong Kong runs from April 1 each year to March 31 of the following year. If you have employment income during this period, you will usually receive a "Tax Return - Individuals" (BIR60) form from the Inland Revenue Department around May each year. Upon receiving it, remember to complete and submit it by the specified deadline. Even if your income is below the tax threshold and you ultimately don't have to pay taxes, you still need to file a return.

2. What to do if I don't receive the tax return form?

If you have income but still haven't received the tax return form by the end of July, remember to proactively contact the Inland Revenue Department. You can write a letter or send a fax, providing your personal details, employer information, and income details, so that the tax office can set up a tax file for you, ensuring you don't miss the tax submission.

3. What documents are needed for tax filing?

Generally speaking, you don't need to attach supporting documents when filling out tax forms. However, if you're applying for tax deductions (such as education expenses, charitable donations, rental deductions, etc.), you must keep the relevant receipts and invoices yourself for at least 6 years in case the tax authorities conduct an audit later.

4. Will my employer help me file taxes?

Employers usually submit the IR56E form to the Inland Revenue Department within 3 months of your employment, declaring your employment details. However, even if the company reports it, you must ensure the accuracy of the declaration yourself. Do not leave it to others, because the ultimate responsibility for filing taxes lies with you!

5. Should income and expenses be recorded?

It's best to develop the habit of recording both income and related expenses (such as rent, training fees, medical expenses, etc.), and keep them for at least 6 years. This way, if the tax bureau wants to audit or if you want to claim tax deductions, you'll have supporting evidence and won't have to make rough estimates or miss reporting anything.

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