Individual tax return

Introduction

  • Individual tax return is the form of BIR60, individual taxpayers should report their individual income through submitting BIR60
  • Individual taxpayers should complete and sign the BIR60
    • If the taxpayer is married during the year AND Has selected joint assessment or personal assessment OR has been nominated by the spouse to claim loan interest deduction, the spouse should also sign the BIR60
  • Individuals will need to complete tax return after receiving the BIR60, even if they do not have the income to do so

What are the items that individuals need to report through BIR60?

  • Salaries
  • Rental income from solely owned properties
  • Profit from sole-proprietorship businesses

How to submit the Individual tax return?

  • Individuals should submit the original tax return
  • Submit in person during office hour at lnland Revenue Centre, 5 Concorde Road, Kai Tak, Kowloon, Hong Kong

OR

Send the tax return by post to GPO Box 132, Hong Kong

OR

Can submit online through e-Tax account

When to submit the Individual tax return?

  • If taxpayers do not own any incorporated businesses during the year of assessment, they should submit them within 1 month from the date of issue of the Tax Return
  • For taxpayers own an incorporated business during the year of assessment, they should submit it within 3 months from the date of issue of the Tax return

What if I want to extend the submission time?

  • Extension of submission time will only available in the most exceptional situations
  • For the Block Extension Scheme for taxpayers who have appointed a tax representative:
    • They should submit their application case by case, with reasons for not submitting on time
    • If the reasons are the same for employees in a company, an application can be made using a list
  • For individual applications: They should state the reasons for not submitting on time

How can FastLane HR offer help?

We believe that you have acquired a brief understanding of the individual tax return. For more information, you should check the official website of the HKSAR government. However, it will be less time-consuming if you outsource your taxation work to other HR advisory agencies. FastLane HR has years of experience in taxation services. Collaborating with our professional team allows you to enjoy high-quality, one-stop taxation services while reducing costs. Should you have any inquiries, please contact us via WhatsApp, WeChat, or phone calls. You can also schedule a meeting with us for further information. We look forward to seeing you.