XN000022-1990-03-30 — Page 2

FRIDAY, MARCH 30, 1990

SEPARATE TAXATION EFFECTIVE APRIL 1

案

THE LEGISLATION TO

IMPLEMENT

SEPARATE

ON APRIL

1.

COUPLES WILL COME INTO OPERATION

TAXATION FOR MARRIED THE COMMISSIONER OF

INLAND REVENUE, MR ANTHONY AU YEUNG, SAID TODAY (FRIDAY).

MR AU

YEUNG SAID THE NEW ASSESSMENTS AND SUBSEQUENT

SPEAKING AT A PRESS CONFERENCE, SYSTEM WOULD APPLY TO ALL 1989-90 FINAL YEAR ASSESSMENTS ISSUED ON OR AFTER THAT DATE.

AS

COMPARED TO INDIVIDUALLY TAX AFFAIRS AGAINST ASSESSMENT, IF

"THE MAIN DIFFERENCE IN THE NEW ARRANGEMENTS, THE PREVIOUS SYSTEM, IS THAT EACH MARRIED PERSON WILL BE RESPONSIBLE FOR ALL ASPECTS OF HIS OR HER OWN SALARIES INCLUDING LODGEMENT OF RETURNS, OBJECTING NECESSARY, AND PAYMENT OF TAX ASSESSED," HE SAID.

FOR

OUTLINING KEY FEATURES OF THE NEW SYSTEM, MR AU YEUNG SAID

AND WIFE MARRIED COUPLES WHO BOTH HAD EMPLOYMENT INCOME, THE HUSBAND HAD TO INDIVIDUALLY FILE THEIR OWN SALARIES TAX RETURNS.

OF THEM WOULD CLAIM THEIR WHILE THEY HAD TO NOMINATE WHICH

A SINGLE SUM, THEY COULD TOTAL ENTITLEMENT TO CHILD ALLOWANCES IN CLAIM ALLOWANCES FOR THEIR DEPENDENT PARENTS AND PARENTS-IN-LAW ON AN INDIVIDUAL PARENT BASIS, HE SAID.

"HOWEVER, IN ANY YEAR ONLY ONE PERSON MAY

IN RESPECT OF ANY PARTICULAR PARENT," HE SAID.

CLAIM AN ALLOWANCE

INCOME, ONLY

IN THE CASE WHERE ONLY ONE SPOUSE HAD EMPLOYMENT THE WORKING SPOUSE HAD TO FILE A SALARIES TAX RETURN, HE ADDED.

SALARIES

THE SEPARATE TAX RETURN TO BE

A LEAFLET, DESIGNED TO HELP TAXPAYERS UNDERSTAND TAXATION SYSTEM, WOULD ACCOMPANY ISSUED IN MAY.

EVERY

"THE DEPARTMENT

HAS

OPENED NOW

SOME 180,000 SALARIES

RECORDS FOR MARRIED WOMEN AND SALARIES TAX RETURNS WILL BE THEM INDIVIDUALLY," HE SAID.

TAX ISSUED TO

THIS YEAR, THE RETURNS WOULD GENERALLY BE POSTED KNOWN EMPLOYMENT ADDRESS.

то

THE LAST

HE URGED EMPLOYERS TO LEND THEIR ASSISTANCE BY PASSING SALARIES TAX RETURNS TO THEIR FEMALE EMPLOYEES AND SUBMITTING OF INCOME FOR ALL MARRIED EMPLOYEES.

ON THE DETAILS

CASES WHERE, UNDER MR AU YEUNG CAUTIONED THAT THERE WOULD BE

TAXATION LIABILITY OF SOME MARRIED SEPARATE TAXATION, THE OVERALL COUPLES WOULD BE GREATER THAN IT WOULD HAVE OTHERWISE BEEN UNDER PREVIOUS AGGREGATION SYSTEM.

THE

/THIS WOULD