If you have made contributions to your company, you can easily get a business tax refund in Hong Kong. The administration and the laws for tax refund are overly complex but with the help of experts, you can easily get the amount without any problem.
Companies that are doing business in Hong Kong will file a company income tax return with the local government every year. This is a legal way to pay tax and the process of filing is easy. A company should take care when filing a tax return so that they avoid any errors which could delay the process of filing the return.
When it comes to getting a business tax refund in Hong Kong, certain rules must be followed by the company. If you are a business owner and have paid the tax, then you need to have the amount credited to your account before your annual deadline. Your tax return cannot be delayed by any doubts. The company is also liable to pay the tax within the period specified by the tax authorities.
You can get the amount credited to your account through the online tax service provider. They will keep the required documents ready and they will check the tax returns of the company. In case of any doubts arise then you can contact them through telephone, and they will help you to know the reasons why the tax return is being delayed.
Once you have decided to file the tax return in Hong Kong, you need to do it before the deadline. You need to file a tax return even if you do not know the reason behind the delay. The tax authorities will request you have all the facts so that they can validate the tax return.
In case you are having an official income tax return, then you need to get the amount credited to your account through the online tax service provider. But in case you have an unofficial income tax return, then you need to do it through your company treasurer. There is no penalty for having an unofficial income tax return.