Staying on top of tax deadlines is essential for businesses and individuals in Hong Kong. The Inland Revenue Department (IRD) issues returns annually, and timely compliance helps avoid penalties and interest charges. Below is a summary of the key dates for the 2025-26 year of assessment.
Key Filing Deadlines
- Profits Tax Returns
- Will be issued in April 2026.
- Filing deadline is 1 month from date of issuance of tax return. Extensions available upon application by appointed tax representative. Extended deadlines vary depending on the accounting year‑end.
- Employer’s Returns
- Typically due by early May 2026.
- Employers must report remuneration paid to employees during the preceding year of assessment.
- Salaries Tax Returns
- Issued in May 2026.
- Filing deadlines usually fall in June 2026. Employees should ensure all allowances and deductions are properly claimed.
- Property Tax Returns
- Issued annually to property owners.
- Rental income must be declared, with a statutory 20% allowance for repairs and expenses.
Why Compliance Matters
- Avoid penalties: Late filing or payment can result in surcharges and interest.
- Enhance efficiency: Early preparation reduces last‑minute stress and errors.
- Maximise deductions: Timely filing ensures allowances and reliefs are fully utilised.
At Acacia CPA Ltd, we support clients with tax compliance reviews to ensure obligations are met smoothly and efficiently.