Hong Kong Inland Revenue has issued a notice on the waiver of surcharges for up to one year for taxpayers approved to pay tax in installments. --- Inland Revenue Department waives surcharges for payment of tax by instalments for businesses and individuals in need The Inland Revenue Department (IRD) has started issuing tax demand notes for the year of assessment 2021/22. Taxpayers who encounter financial difficulties in settling their tax bills on time may apply for payment of tax by instalments before the due dates of the demand notes. For taxpayers who have obtained the IRD's approval for instalment settlement...