A charity is exempt from tax under section 88 of the Inland Revenue Ordinance. The Inland Revenue Department (IRD) will conduct regular review on whether the objects of a tax-exempt charity are still charitable and if its activities are compatible with its objects stated in the governing instrument. Besides, it is the duty of the charities to inform IRD the chargeability to tax for the year of assessment if they commenced to derive chargeable profits which cannot be exempted under the Proviso of section 88.
To support our agency members in handling tax related matters, the Council will collaborate with EY Tax Controversy Services Team again to offer pro bono consultation sessions. Each successfully enrolled agency can meet with the consultant individually to seek advice on its tax issues as specified in details below.
Date: 7, 14, 21 April and 5 May 2022
Time: 2:00 – 6:00 pm (around an hour for each session)
Venue: EY’s office at 27/F One Taikoo Place or via Online Video Conferencing
Actual meeting time will be assigned by EY. Successful applicants may be required to provide related information to EY for the consultation.
Consultation Scopes:
• Regular review by the IRD
• Trading or carrying on business
• Business income
• Rental income
• Return on investment
• Disposal of a property
• Tax compliance obligations
Target organizations: HKCSS Agency Members that are tax exempted charities under S88 of IRO
Quota: 16 agencies (first come, first served)
Interested agencies please register online on or before 18 March 2022 (registration will be closed once the quota is filled). Successful registrants will be notified by email on 24 March 2022 (Thursday).
For enquiries, please contact the Project team at 2922 9247.
Co-organizer:
