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The Inland Revenue Department encourages taxpayers to file their tax returns through eTAX to ensure they reach the IRD in time.
Hong Kong’s Inland Revenue Department (IRD) has issued about 2.66mn tax returns for individuals for the year of assessment 2024/25 on 2 May 2025.
Benjamin Chan, Commissioner of Inland Revenue, said that the Legislative Council passed the Inland Revenue (Amendment) (Tax Concessions) Bill 2025 on 30 April 2025. This gives effect to the proposal in the 2025-26 Budget to reduce salaries tax, tax under personal assessment, and profits tax for the year of assessment 2024/25 by 100%, subject to a ceiling of HK$1,500 per case.
Taxpayers only need to complete the tax returns for the year of assessment 2024/25 as usual. The tax concessions will be reflected in their final tax payable.
New tax measures to be implemented from the year of assessment 2024/25 include:
- A two-tiered standard rates regime for salaries tax and tax under personal assessment;
- An increase in deduction ceilings for home loan interest or domestic rent from HK$100,000 to HK$120,000 for taxpayers who are residing with their newborn children born on or after 25 October 2023;
- A new deduction for expenses on assisted reproductive services, subject to a ceiling of HK$100,000; and
- Enhancement measures for the deduction of expenses under profits tax to provide tax deductions for expenses incurred for reinstating the condition of leased premises to their original condition, and to remove the time limit for claiming annual allowances in respect of industrial/commercial buildings or structures.
The filing deadline for general cases is one month (by 2 June), and for sole proprietors is three months (by 2 August). The IRD has urged taxpayers to file their returns on time.
Chan encouraged taxpayers to file their tax returns through eTAX to ensure that they reach the IRD in time. If taxpayers file their returns electronically, they will be granted an extension of one month, making the filing deadlines 2 July for general cases and 2 September for sole proprietors.
Meanwhile, Chan announced that the IRD will launch three portals under eTAX this July, namely:
- Individual Tax Portal,
- Business Tax Portal, and
- Tax Representative Portal.
"The IRD is committed to promoting tax digitalisation and has been upgrading the functions of electronic tax filing to facilitate taxpayers and enhance the efficiency, reliability and accuracy of return filing,” he said.
“Existing individual tax services provided by eTAX will be migrated to the Individual Tax Portal with a new design and enhanced functions. A mobile application for the portal will also be launched. The Business Tax Portal and the Tax Representative Portal enable businesses and service agents respectively to handle tax and business affairs electronically."
He reminded taxpayers that when filing profits tax returns online, they may also submit supporting documents in a specified electronic format. Details on electronic filing of profits tax returns can be found on IRD's website.
On the other hand, if taxpayers choose to submit their returns by post, they must ensure they pay sufficient postage to ensure timely delivery. The IRD will not accept underpaid mail items.
Photo / HKSAR Government Press Releases
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