The Inland Revenue Board (IRB) has issued the filing programme for 2010 recently. In connection with this, some related matters, which were discussed at the Operations Dialogue on 8 February 2010 between the Inland Revenue Board (IRB) and the professional taxation/accounting bodies, and deemed appropriate, have been included here.
The last date for filing of return forms is:
· 30 April 2010 for taxpayers with non-business income source(s); and
· 30 June 2010 for taxpayers with (a) business source(s).
a) The e–filing system for return forms BE, B, M, E and P for year of assessment 2009 is available from 1 March 2010 onwards.
b) Grace period for manual submission of return forms by post, in particular:
· Forms C, R, C1, TA, TC and TR for the year of assessment 2010.
· Forms BE, B, E, M, P, TP, TJ and TF for the year of assessment 2009
(i) A grace period is given for manually filed return forms C and R received through the post. For companies with financial year-ends 30 Jun 2009, and 31 December 2009, the grace period is fourteen (14) days; whereas for companies with financial year-ends 31 January 2010 and 31 March 2010, the grace period is seven (7) days.
(ii) These grace periods are also applicable to the payment of outstanding taxes under subsection 103(1), ITA, and any debt owing under the Saving and Transitional Provisions of Finance Acts 2007 and 2009.
c) Application for extension of time for (manual) filing of (paper) return forms
(i) The IRB has stated that the above application must be received by the IRB within fifteen (15) days before the due date for filing, and must be accompanied by strong reasons.
(ii) The application will be considered based on the merits of each case.
(iii) The approved extension of time will not apply to payment of outstanding taxes under subsection 103(1), ITA, and any debt owing under the Saving and Transitional Provisions of Finance Acts 2007 and 2009. Any payment due must be made before or on the due date for filing of the return.
d) Employer Return Form E 2009 must be submitted by 31 March 2010. A grace period of seven (7) days is also available for manually filed forms received through the post. A request for extension of time is allowed for manual filing. The same conditions, as for Forms C & R, apply.
e) Tax agents are not allowed to use the PDF version of tax return forms with effect from year of assessment 2009.
f) There is no need to submit original dividend vouchers together with the return forms for repayment cases. However, the taxpayer has to submit Attachment B1/Worksheet HK-3 to support the claim.
