18 July 2022 IRD’s e-Tax Journey – Progress Update Getting Prepared with the eTAX Journey
Jul 15, 2022
The Inland Revenue Department (IRD) has been working at full steam to take forward a project on electronic filing (e-filing) of profits tax returns. The IRD launched two rounds of consultation in 2021. On 4 January 2022, SCAA and AWAHK jointly organized a seminar on “The Inland Revenue Department’s e-Tax Journey” which highlighted the IRD’s proposals for taking forward the e-filing project and exchanged views on the IRD’s proposals. In March 2022, as part of its consultation, the IRD uploaded the preliminary edition of the IRD Taxonomy Package onto its website with a view to facilitating businesses or interested parties to early develop iXBRL conversion or integrated software.