Understanding Hong Kong Inland Revenue Reporting

You must generate several reports to comply with Hong Kong legislative payroll requirements. These reports are statutory and report the following information:

• IR56B: Employer's return of remuneration and pensions.

• IR56E: Notification by employer of an employee commencing work.

• IR56F: Notification by employer of an employee about to cease employment.

• IR56G: Notification by employer of an employee about to depart Hong Kong.

• IR56M: Notification of remuneration paid to persons other than an employee.

We discuss all aspects of the creation of the data for these Inland Revenue reports. This includes all of the pages that enable, generate, and maintain both employee and company identification and biographical data that support the reporting requirements of the Hong Kong Inland Revenue Department (IRD).

To ensure that you populate all of the available details required for your Inland Revenue reports, it is important that you follow the correct sequence of steps:

1. Set up report data using the following pages:

   • Report Element Setup.

   • Departure Details.

   • Principal Employer of PT EE.

   • Employee Housing Quarters.

   • Self Employed Data.

   • Overseas Concern Details.

   • IR56 Creation Controls HKG.

   • Tax Reference Number Details.

   • IR56 Exchange Rate Definition.

2. Generate IR56 report data using the Create IR56 Data HKG page.

3. Review and maintain IR56 report data using the following pages:

   • IR56 Personal Details.

   • IR56 Job / Quarters Details.

   • IR56 Monetary Details.

4. Generate IR56 reports using the Print pages for each of the reports (IR56B, IR56M, IR56E, IR56F and IR56G).

5. Generate the IR56B Electronic File using the IR56 Electronic File Creation page.