The Hong Kong Inland Revenue Department has announced penalty (surcharge) relief for installment plans in light of the prevailing economic conditions and the financial difficulties that some taxpayers may be facing. Click the following link for the full text of the announcement, which includes additional details on how to apply for relief. Further to the surcharge relief, the Hong Kong Government announced a series of other measures to support enterprises and employment. --- Relief Measure: Conditional waiver of surcharges for instalment settlement of demand notes for the Year of Assessment 2018/19 Who can apply Taxpayers who encounter financial difficulties in...