What Is an Individual Tax Return (ITR) in Hong Kong?

An Individual Tax Return (Form BIR60) is issued by the IRD to individuals to report:

• Salaries income.
• Fringe benefits.
• Rental income.
• Profits from sole proprietorships.
• Allowances and deductions, including those relating to jointly owned property.

The BIR60 is typically issued on the first working day of May each year. It must be completed and submitted within one month from the issue date when filing using a paper form, or within two months if filing through the e-Tax platform, even if there is no income to report.

The return must be signed by the taxpayer. If joint assessment or personal assessment is elected, or if a spouse is nominated for certain deductions, both spouses must sign the form.

Osome provides ITR filing support only for directors of existing clients who have received a paper tax return, subject to the following:

• The director must not operate a sole proprietorship.
• Fee: HK$1,100 per return.

Typical processing time: 1 week, excluding courier time.