Which Form Do I Need to Submit to IRD for Newly Hired Employees?

Which Form Do I Need to Submit to IRD for Newly Hired Employees?

If you hired an employee who may be subjected to salaries tax, as the employer, you must file a IR56E form (or by electronic means) within 3 months.

*In Hong Kong, most people who earn income from holding positions, being employed or receiving pensions are subject to salaries tax. If an employee received a Tax Return from the Inland Revenue Department (IRD), he or she must complete and submit it to IRD within the deadline even if he/she does not have taxable income.

Example

Mr. A was hired by the company as an IT technician on April 7, 2020. He may be subject to salaries tax by the IRD. In this scenario, the employer needs to file a IR56E form before July 7, 2020.

The continuous growth and development of a company needs a never-ending stream of talent flowing into the company. When new employees join, HRs need to fill out the IR56E form for them within 3 months.

tax

Workstem, as a one-stop human resources management system, not only helps you record employees’ onboarding date but also helps HRs fill in all necessary information for every employee.

When you need to fill out tax forms, our tax module will help you generate IR56E form with one click, saving you countless time and energy.

hrms

(The content and information in this article are for reference only. The accuracy and reliability of the information are subject to the latest government regulations. If you want to reprint the article or content, please contact us first or attach a link to this article, and indicate the source of reprint.)

Related Posts

5 Manual HR Functions That Digital Technologies Can Resolve
5 Manual HR Functions That Digital Technologies Can Resolve
In 2024, digital is king. The COVID-19 pandemic has especially highlighted the need for traditional companies to employ digital technologies to imp...
Read More
Hong Kong Public Holiday|2024 Leave Guide
Hong Kong Public Holiday|2024 Leave Guide
For most people, holidays are the best opportunity to relax and spend time with family and friends. And it’s also a chance to arrange travel and pl...
Read More
[418 Guide] Ordinance 418 And Continuous Contract
[418 Guide] Ordinance 418 And Continuous Contract
What is 418? According to the “Employment Ordinance”, an employee who has been employed continuously by the same employer for four weeks or more, ...
Read More

Leave a Reply

Your email address will not be published. Required fields are marked *