Q: My employer pays me a monthly rental allowance of over HK$10,000 and I am entitled to this for two more years. I have been using it to rent an apartment, but as property prices keep climbing, I am thinking about buying. Should I give up the rental allowance now or wait till later?Wednesday, 6 March, 2013, 4:49am
What's the best way to cover my Hong Kong tax bills due in January and April? Should I get a tax loan as interest rates are low at the moment?
Let's tackle the second question first. The interest charged on an unsecured tax loan is higher than a mortgage, for example, where your property can be sold if you default.12 Nov 2012 - 2:31am
The annual Arts Festival has been a great success year after year, especially considering what patrons have to go through to apply for advance bookings. Next year's events will start in February and organisers now accept bookings by fax and mail.22 Nov 2008 - 12:00am
Irate housewives, trade unions and consumer leaders decried the Malaysian Inland Revenue Department's move to shame tax dodgers into paying up by visiting their homes accompanied by television crews.
The rights of tax evaders have been trampled on, say the critics.24 Sep 2003 - 12:00am
One in three taxpayers will be investigated for evasion over the next six years as the Government boosts assessment, according to a leading international auditing company.
Deloitte Touche Tohmatsu partner Kaiser Kwan said the Inland Revenue Department had been putting more resources into its investigations.28 Nov 2001 - 12:00am
An assistant taxation officer will face 35 charges at Eastern Court today of helping individuals and firms falsify tax-return dates. Wong Fuk-keung, 50, was arrested by the Independent Commission Against Corruption in September last year after he allegedly used Inland Revenue Department chops to change the dates of returns to make them appear they arrived on time.31 Aug 2001 - 12:00am
Concerning the article headlined 'Clear guide on e-profit is elusive' (South China Morning Post, July 23), with the global trend of surging6 Aug 2001 - 12:00am
I find it disgusting that the Inland Revenue Department demanded that a prostitute pay $310,000 tax for the money she earned in a five-year life of sin. To add insult to injury, they have also imposed a $150,000 penalty, presumably for not having reported the income.29 Jul 2001 - 12:00am
Deal with it: May is the month when those unmistakable green envelopes begin to filter into our post boxes. Resist the urge to throw it away in horror, or to hide it until you have the courage to face it. You have one month to fill it in and return it, or face the penalties.20 May 2001 - 12:00am
I refer to the letters from David Slough and Debbie Barnes which appeared in the South China Morning Post, on November 18 and 22, respectively.
The Inland Revenue Department does not maintain statistics on people who have migrated to places outside Hong Kong without fully settling their tax liabilities prior to departure by ethnic origin.25 Nov 2000 - 12:00am
Recent comments on the expat tax debate seem concerned with treating the symptoms - maligning foreigners and suggesting certain punitive measures based on racial lines - rather than looking at root causes. However, the fact is that it takes three years for the Inland Revenue Department (IRD) to catch up with new arrivals.24 Nov 2000 - 12:00am
A former Inland Revenue officer appeared in court yesterday charged with bribery offences allegedly committed while he served in the department and later as a tax consultant.9 Sep 2000 - 12:00am
A former Inland Revenue officer was charged last night with receiving and offering bribes after the arrest of 32 people in an ICAC investigation.8 Sep 2000 - 12:00am
The Hong Kong Society of Accountants (HKSA) has been hauled into court for the third time in less than four months to face accusations of over-stepping its investigative powers.
The latest spat involves an audit probe based on an anonymous letter from a whistle-blower who illicitly passed on company documents.14 Jun 2000 - 12:00am
I refer to the article headlined 'Taxing time for lecturer' (South China Morning Post, March 15). In the article, it was stated 'the department's board of review refused an appeal last year'.
The Board of Review is not part of the Inland Revenue Department. It is an independent panel established to hear appeals against the determinations of the Commissioner of Inland Revenue.21 Mar 2000 - 12:00am