taxprofits taxsalaries taxHong Kong
Hong Kong Tax Filing Guide 2025/2026
By Ricky Chan CPA —
Overview
Every year, the Inland Revenue Department (IRD) issues tax returns to businesses and individuals in Hong Kong. Understanding the deadlines and requirements for the 2025/26 assessment year is essential to avoid penalties.
Key Deadlines
- Profits Tax Return (BIR51/52): Typically issued in April 2026, due within one month unless an extension applies.
- Salaries Tax Return (BIR60): Issued in May 2026, due within one month.
- Property Tax Return (BIR57): Issued in April 2026, due within one month.
Who Must File Profits Tax?
All corporations and unincorporated businesses carrying on a trade, profession, or business in Hong Kong are subject to profits tax on assessable profits arising in or derived from Hong Kong for the year of assessment 2025/26.
Current Profits Tax Rates (2025/26)
| Business Type | First HKD 2M | Above HKD 2M |
|---|---|---|
| Corporation | 8.25% | 16.5% |
| Unincorporated | 7.5% | 15% |
Salaries Tax — 2025/26 Assessment
Salaries tax is charged on income arising in or derived from Hong Kong from any office, employment, or pension. Key allowances for 2025/26:
- Basic Allowance: HKD 132,000
- Married Person’s Allowance: HKD 264,000
- Child Allowance (per child): HKD 130,000
- Single Parent Allowance: HKD 132,000
Tips for Smooth Filing
- Keep proper books and records throughout the year.
- Reconcile your bank statements monthly.
- Retain invoices and receipts for at least 7 years.
- Consult a CPA if your business structure changed during the 2025/26 year.
Contact us today for a free consultation on your 2025/26 tax obligations.