Extended Due Date for ‘M’ Code Returns

Oct 25, 2023

BLOCK EXTENSION SCHEME FOR LODGEMENT OF 2022/23 TAX RETURNS

Extended Due Date for ‘M’ Code Returns

Recognizing the genuine difficulties being experienced by businesses and practitioners in their operations, the Inland Revenue Department has announced in a circular letter to tax representatives on 25 October 2023 that the due date for filing the 2022/23 profits tax returns for M-code cases (i.e. accounting date falling within 1 January 2023 to 31 March 2023) will be further extended from 15 November 2023 to 29 November 2023. Despite this extension, tax representatives are encouraged to file as many returns as possible well before the extended due date.

The due date for lodging the 2022/23 profits tax returns using electronic filing (including semi-electronic filing mode) will also be extended from 15 December 2023 to 29 December 2023. An application is required for this additional one-month extension, and such application must be received by the IRD at least 7 working days before the return is otherwise due for submission.

The circular letter can be accessed via this link: CIRCULAR LETTER

AWAHK would like to thank our Legco Representative and Advisor of AWAHK, Mr. Edmund Wong, for reflecting our difficulties to the Government and we would like to thank our Financial Secretary and Hon Advisor of AWAHK, Mr. Paul Chan, and the Commissioner of Inland Revenue Department, Mr. Tam Tai Pang, for their kind understanding.