E. Objection and Appeal

E. Objection and Appeal

1. I received a Profits Tax assessment and found that the profits assessed and the tax charged are too high. Can I object to this assessment?

Yes, but you must lodge a written notice of objection with the Inland Revenue Department within one month after the date of issue of the assessment, stating the grounds for your objection clearly. You may complete the relevant parts of the Form I.R.831 for objection / application for revision of assessment, and return it to the Inland Revenue Department either by post ( P.O. Box 28777, Concorde Road Post Office, Kowloon, Hong Kong ) or by fax (2877 1232).

Alternatively, if you have opened your eTAX account, you can lodge a notice of objection against the assessment under Profits Tax for sole proprietorship businesses via your eTAX account.

If it is against an estimated assessment issued because of the failure to lodge a return, a properly completed return together with the accounts, where applicable, must also be submitted with the notice of objection.

Pending the ultimate settlement of the objection, you should pay the sum indicated on the demand note, or follow the Assessor's advice regarding how much tax you should pay (whether you have to pay the full tax initially assessed, or are allowed to pay a lesser amount while the objection is being investigated). The Commissioner of the Inland Revenue Department may impose a surcharge on any tax not settled by the due date.

If you are still not satisfied with the determination of the Commissioner of Inland Revenue Department, you may further lodge an appeal against the determination to the Board of Review (Inland Revenue Ordinance) which is an independent tribunal. Your appeal should be made in writing to the Clerk to the Board of Review (Inland Revenue Ordinance) within one month of the date of issue of the Commissioner's written determination.