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Employer fined for making incorrect Employer's Returns


A trading company was fined $7,500 after being convicted of making incorrect Employer's Returns at the Tsuen Wan Magistracy today (July 15).

The defendant was charged for making five incorrect Employer's Returns for the five years of assessment from 1995/1996 to 1999/2000, contrary to section 80(2)(a) of the Inland Revenue Ordinance (IRO).

A spokesman for the Inland Revenue Department said that under sections 52(2) and (3) of the IRO, an employer is required to file for each year of assessment an Employer's Return including returns (Form IR56B) which contain the names, places of residence and the full amount of the remuneration in respect of all employees (including directors) who received remuneration in excess of a certain limit during that year.

He reminded members of the public that making incorrect returns, including Employer's Returns, is a serious offence. The maximum sentence is three years' imprisonment and a fine of $50,000 for each charge, plus a further fine of treble the amount of tax undercharged.

End/Monday, July 15, 2002