office woman feeling happy as she started using etax

In today’s digital age, you can work smarter rather than harder by applying yourself with privileges that the internet has given. eTAX is one of the privileges that offers you an easy, secure and environment-friendly means to facilitate your compliance with the tax law. Not only for individuals but also for business, it has become a necessity for convenience and efficiency to manage your taxes online. 

What is eTAX?

It is the online gateway to IRD offices. It is an online tax filing and payment system provided by the Hong Kong Inland Revenue Department. By using it, you can handle various tax-related tasks such as filing returns, paying taxes, and managing your tax affairs and communicating with the Inland Revenue Department (IRD) anytime anywhere without having to go to the IRD offices. A wide range of user-friendly online services are available to eTAX account holder. Let’s see how you can obtain one.

Key Features of eTAX

1. Tax Return Filing

eTAX simplifies the process of filing tax returns. Therefore, individuals can file their salaries tax returns, while businesses can file profits tax returns. The system is designed to be user-friendly, guiding taxpayers through each step of the process.

2. Tax Payments

Taxpayers can make payments for various taxes, including salaries tax, profits tax, and property tax, directly through the its platform. And, it also includes options for installment payments and scheduling future payments.

3. Checking Tax Balances and Transactions

eTAX users can check their account balances, payment history, and any outstanding amounts since this feature helps in keeping track of all tax-related transactions and ensures that there are no discrepancies.

4. Updating Personal Information

Users can update their contact information, including residential address, email address and phone number, ensuring that all communications from the IRD are received promptly.

5. Tax Calculator

The platform provides a tax calculator to help taxpayers estimate their tax liabilities. Moreover, it is useful for financial planning and understanding potential tax obligations.

How to Apply for eTAX

Step-by-Step Guide

  • Visit the eTAX Portal: Go to the eTAX website.
  • Create an Account: Click on the “Apply for eTAX Password” button and provide the necessary information, including your Hong Kong Identity Card (HKID) number and TIN, Email.
  • Set Up a Password: Choose a strong password for your eTAX account. Ensure it meets the security requirements set by the IRD.
  • Log In: Once your account is activated, log in using your TIN and password.

Here is the link to step by step video guide for applying eTAX.

Benefits of Using eTAX

  • Convenience: You can manage your tax affairs from anywhere, at any time, without having to go to the IRD office.
  • Efficiency: It reduces the time and effort required to file returns and make payments, with automated calculations and user-friendly interfaces.
  • Accuracy: With built-in validation checks, it minimizes errors in tax filing, making sure that your returns are accurate and complete.
  • Environmentally Friendly: By reducing paper usage, eTAX contributes to environmental sustainability.

How Fastlane can help:

eTAX simplifies the complex process of tax management, saving you time and effort. If you are considering of transforming your traditional tax management to smart and easy one, you can consult with Fastlane HR to know more features about the eTAX. Fastlane HR has been taking care of local and foreign businesses or individuals in Hong Kong with professional services over the years and we have strong experience easing the pain of the expat community faced with tedious Hong Kong tax formality. Contact us today! We are happy to answer your What If! scenarios.