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  • Hk Ir56m 2017

Get Hk Ir56m 2017-2025

Recipient but for another year 56M (See Note 1) FOR THE YEAR ENDED 31 MARCH Please use this form for reporting payments to non-corporate local persons (see Note 6). This form should be submitted with a duly completed Form IR6036B if Form IR6036B has not been submitted for the relevant year. Additional Replacement (" " one of the above boxes if this is an amendment form) All correspondence should be sent to: P.O. Box 28777 Gloucester Road Post Office, Hong Kong Particulars of t.

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How to fill out the HK IR56M online

The HK IR56M is an important form used for reporting remuneration paid to non-corporate local persons. This guide provides step-by-step instructions to assist users in completing the form accurately and efficiently online.

Follow the steps to successfully fill out the HK IR56M online.

  1. Click the ‘Get Form’ button to access the HK IR56M form in an editor for completion.
  2. Begin by filling out the particulars of the payer. Enter the Employer's File Number if applicable. If you do not have one, provide your Business Registration Number or Hong Kong Identity Card Number.
  3. Proceed to the particulars of the recipient. If the recipient is a partnership or unincorporated body, provide the name of the company and the Business Registration Number. For an individual, list the sole-proprietorship name followed by the individual's full name, starting with the surname.
  4. Provide the postal address and contact number for the recipient.
  5. Indicate the capacity engaged and the period during which the service was rendered. List the types of income received and the respective amounts, ensuring they exclude cents.
  6. Finally, sign the form, include your designation, date it, and affix the company chop if necessary. Remember to provide a copy of the completed form to the recipient.

Complete your HK IR56M online today to ensure timely and accurate submission.

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Date: Individual Income Tax Returns should be filed on or before 30th June of the following year. Penalty on late filing: Whichever is higher between, 5% of the tax due or Kshs. 2,000. Penalty on late payment: 5% of the tax due and a late payment interest of 1% per month on the unpaid tax until the tax is paid in full.

Form No.: IR56M. Form Title: Notification of remuneration paid to persons other than employees.

The person to whom recovery notice is issued must pay money, if any, not exceeding the amount of tax in default held on account of the defaulter to the IRD within a stipulated time. Failure to do so will render the person personally liable for the whole of the tax which he was required to pay.

Failure to file the tax return by the due date, July 31, 2023, will have financial implications. 1. Penalty: Late filing attracts a penalty of Rs 5000 for individuals with total income exceeding Rs 5 lakh. For individuals having a total income upto this limit, the penalty is Rs 1000.

Income to be reported. (a) Salaries Tax is charged on employment income arising in or derived from Hong Kong which includes income derived from services rendered in Hong Kong and remuneration paid to an employee under certain service company arrangements.

Failure to file the Annual Returns within a prescribed time period will result in a maximum penalty of HK$50,000 for each breach. There is also a daily default fine of HK$1,000.

Penalties for filing late can mount up at a rate of 5% of the amount of tax due for each month that you're late. If you're more than 60 days late, the minimum penalty is $100 or 100% of the tax due with the return, whichever is less. Filing for the extension wipes out the penalty file by the extension deadline.

exceeds $25,000 per annum. ✧ You should report amounts ing to the year of assessment, namely, from 1 April to the following year's 31 March. Please note that your annual accounting date may not be the 31 March and you have to calculate a figure for reporting.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Help Portal
Legal Resources
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232