XN000022-1983-01-05 — Page 12

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WEDNESDAY, JANUARY 5, 1983

PAYMENTS OF SALARIES, PROFITS TAX

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TAXPAYERS ARE URGED BY THE COMMISSIONER OF INLAND REVENUE TO CHECK THEIR DEMAND NOTES TO ENSURE THAT THE FIRST INSTALMENT OF THE TAX DUE IS PAID ON OR BEFORE THE SPECIFIED DUE DATE.

+ IF THE FIRST INSTALMENT IS NOT SO PAID, THE SECOND INSTALMENT WILL AUTOMATICALLY BECOME DUE IMMEDIATELY. THIS WILL BE STRICTLY APPLIED AND PLEAS FOR OVERSIGHT WILL NOT BE ENTERTAINED, SPOKESMAN FOR THE IRD SAID.

IN ADDITION TO BOTH INSTALMENTS BECOMING IMMEDIATELY PAYABLE TOGETHER, WHERE TAX IS NOT PAID BY THE DATE SPECIFIED IN THE NOTICE THE COMMISSIONER MAY ORDER A SUM NOT EXCEEDING 5 PER CENT OF THE TOTAL TAX BE ADDED. THIS SURCHARGE WILL ALSO BE IMMEDIATELY DUE FOR PAYMENT.

THE FOLLOWING EXAMPLES ILLUSTRATE HOW THE ARRANGEMENTS WILL OPERATE :-

EXAMPLE 1

TOTAL TAX DUE

PAYABLE ON

6.1.83 6.1.83

$22 000

$17 000

PAYABLE ON

6.4.83

$ 5.000

IF $17 000 IS PAID ON 6.1.83, THE SECOND INSTALMENT OF $5 000 IS PAYABLE ON OR BEFORE 6.4.83.

EXAMPLE 2

TOTAL TAX PAYABLE

PAYABLE ON

PAYABLE ON

6.1.83 6.4.83

$22 000 $17 000

$ 5 000

IF $17 000 IS NOT PAID BY 6.1.83, THE WHOLE AMOUNT OF $22 000 PLUS SURCHARGE $1 100, THE TOTAL $23 100 IS IN DEFAULT AND ACTION TO RECOVER THE TOTAL AMOUNT WILL BE TAKEN SHORTLY AFTER 6.1.83.

IT IS EMPHASISED THEREFORE THAT TAXPAYERS WHO WISH TO TAKE ADVANTAGE OF THE TWO INSTALMENTS SHOWN ON THE NOTE MUST ENSURE THAT THE FIRST PAYMENT IS MADE ON OR BEFORE THE DUE DATE SHOWN ON THE IR DEMAND NOTES. PAYMENT MAY BE MADE AT THE FOLLOW ING COLLECTION OFFICES :-

HONG KONG

KOWLOON

TSUEN WAN

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WINDSOR HOUSE, 3RD FLOOR, 311 GLOUCESTER ROAD, CAUSEWAY BAY, HONG KONG.

PARK-IN COMMERCIAL CENTRE, 12TH FLOOR,

56 DUNDAS STREET, MONG KOK, KOWLOON,

FOU WAH CENTRE, GROUND FLOOR, 210 CASTLE PEAK ROAD, TSUEN WAN, NEW TERRITORIES.

YOU MAY ALSO PAY BY POST BY SENDING A CROSSED CHEQUE MADE PAYABLE TO THE HONG KONG GOVERNMENT, ATTACHED TO YOUR DEMAND NOTE AND ADDRESSING IT TO THE COMMISSIONER OF INLAND REVENUE, G.P.O. BOX 132, HONG KONG.

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