There are 58,100 applications for holding over provisional salaries tax in the current fiscal year, a 78% rise on last year, Commissioner of Inland Revenue Alice Lau says.
She told legislators today applications for holding over profits tax reached 7,800 cases, up 85% on last year.
On paying tax by instalments, there were 2,000 applications for profits tax, 1.8% of total demand notes. There were 6,100 and 620 cases for salaries tax and personal assessment, representing 0.5% and 0.5% of total demand notes.
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