As the new year has just begun, it is important to make sure you are aware of the upcoming deadlines of all payroll and tax related compliance and you have everything in place to keep the relevant authorities and employees happy.
A variety of deadlines arise over 2022 monthly MPF compliance, annual employer’s tax reporting, reviewing coverage and renewal of employees’ compensation insurance, and many more.
There have also been some changes in the tax law surrounding Hong Kong salaries tax over the past few years. Coupled with potential tax issues arising from the change in ways in which businesses operate and the locations where people work during the COVID-19 pandemic, organisations having employees who are affected may wish to have a better understanding of those changes and the potential impact on them.
BDO is organising this webinar to share advice and guidance by reflecting on some challenges of compliance of the various statutory requirements on payroll and tax compliance and drawing on the experience when dealing with various clients for such matters.
In this webinar, the speaker will discuss:
- Employer’s obligations on various statutory requirements
- Deadlines for lodgement of the payroll related statutory statement & tax return to the relevant authorities
- Possible omission in payroll & tax return filing
- Latest amendments of employment related legislations
- Offence and penalty policy
- Tax credit and other exemption claim for internationally mobile employees
- The challenges to organisations in respect of a mobile workforce from a tax perspective
- The Inland Revenue Department’s guidelines on tax issues arising from COVID-19
CAROL LAM, Director of Tax, BDO
Carol has extensive experience in taxation practice in Hong Kong providing tax consulting and compliance services to multinational organisations, listed groups as well as private companies from a wide range of industries, including manufacturing, trading, retail, real estate, financial services, transportation, aircraft and logistics and professional firms.
Carol is experienced in advising on tax-efficient operation, holding and financing structure, corporate restructuring, pre-listing tax planning, cross border transactions, transfer pricing, due diligence and mergers & acquisition deals. She also has extensive experience in advising international assignees in structuring tax-efficient remuneration packages, and in representing clients in tax investigation and field audit cases and handling tax dispute settlement.
Carol is a Hong Kong Certified Public Accountant, a Fellow of the Association of Chartered Certified Accountants and a Council Member of The Taxation Institute of Hong Kong.
CELESTINE YEUNG, Principal of Tax, BDO
With over 15 years’ tax experience, Celestine specialises in Hong Kong tax compliance and consulting work for both corporate and individual clients. Her clients include multinational organisations, listed companies as well as private companies from a wide range of industries. She is also experienced in providing tax advice to clients in relation to group structuring, tax due diligence as well as tax planning for expatriates assigned to work in Hong Kong.
Celestine is a Certified Tax Adviser in Hong Kong,a Fellow member of the Association of Chartered Certified Accountants and an Associate member of the Hong Kong Taxation Institute.
JOSEPH HONG, Director and Head of Payroll & HR Outsourcing Services, BDO
Joseph has been with the firm for more than 20 years. He has significant experience in accounting and payroll outsourcing services.
Joseph is a Fellow member of Association of Chartered Certified Accountants, a Hong Kong Certified Public Accountant and a Fellow member of the Taxation Institute of Hong Kong.
This event will incorporate slides which you can view on a PC and audio broadcast technology which requires only the speakers in your device. Therefore, on the day, please ensure the audio volume of your device is turned up. You are recommended to log in the webinar (which will be provided by email after your successful registration) a few minutes before the webinar starts to make sure you have no problem with the connection.
Details are as follows:
||Friday, 18 February 2022
||15:00 – 17:00
||Cantonese, supplemented with English presentation materials
||Free of charge
||2 hours (*The recognition of CPD hours by your professional organisations is subject to their CPD policies.)
||1. For any enquiries, please contact contact Ida Cheung at +852 2218 3714 or [email protected]
||2. Login information will be sent to you by email after successful registration.
||3. BDO reserves the final right of acceptance of registration.