New Year is a new beginning? Or just another turn?
2025-1-24
What is New Year? It is the day when the earth circles the sun once, returns to the starting point, and starts again. After a year, do people just follow the old track? Keep making the same mistake? No progression?
On January 7 this year, the Hong Kong Inland Revenue Department announced that an insurance agent was sentenced to trial in July 2022 for violating the Inland Revenue Ordinance by signing false tax returns and employer tax returns (falsifying employee salaries and parental allowances). He was found guilty of eleven counts of knowingly intending to evade tax and was sentenced to nine months in prison. The appeal was rejected by the High Court on January 7 this year.
In fact, similar cases have occurred many times in the past, but some taxpayers did not learn their lessons and continued the wrong steps of their predecessors, committing the same crime over and over again.
To reduce tax burden, it needs to be done in a legal and reasonable way. Taxpayers should learn more about taxation and learn from the lessons of their predecessors. You can ask more tax professionals for advice, or refer to our company's Facebook, and you will gain a lot.
Our company is a licensed accounting firm in Hong Kong with more than 30 years of experience in handling various tax matters. If you have any tax issues, please feel free to contact our company.
The New Year is coming again. I wish all my friends a happy holiday and a Happy Chinese New Year.
(Some pictures are taken from the public Internet. If there is any copyright, please notify us for deletion)
Homepage
Company Profile
