Although everyone has paid taxes for many years, they do not take it lightly when filling out tax returns every year for fear of missing any "tax deduction". Whether you are new to the workplace or have been working for many years, single or married, first take a look at the following 10 common
When you see tax return questions, be extra careful when filling out the form and beware of "demolition bombs"!
1. Freelancers don’t have to pay taxes if their wages are not high?
Don’t think that you don’t have to file tax returns just because you are working freelance or part-time. Whether you are full-time, part-time, a freelancer or self-employed, you have to file tax returns.
2. Do I not have to file a tax return if I have not received a tax return form?
Wrong, you have to file a tax return as long as your income exceeds the basic personal tax exemption amount (the basic tax exemption amount for the 2019/20 tax year is $132,000). If you know you have to pay taxes but have not received a tax return, you should take the initiative to notify the tax department.

3. Is it safe to file tax returns with your employer?
Who says employers never make mistakes? Don’t just copy your employer’s tax return verbatim. If you add an extra zero to your income, the final tax amount can be very different. It’s better to be safe than sorry. Check it yourself.
4. What are the tax exemptions?
In addition to the basic tax exemptions that taxpayers automatically enjoy, they can also apply for the following tax exemptions based on their individual circumstances:

5. If my parents are still working, can I apply for parental tax exemption?
Even if the parents still have income, children can apply for the dependent parent exemption for parents over 55 years old. The exemption for each parent cannot be shared by multiple people, and siblings must first agree on who will apply.
6. Will the mandatory MPF contributions be automatically deducted?
Many people think that mandatory MPF contributions are “mandatory” and the tax bureau will automatically deduct them. This is not true. If you miss any information, it will be considered as a waiver and you will lose the $18,000 deduction.
7. Which tax deduction areas are more likely to be missed?
Remember to pay attention to the two items of recognized charitable donations and personal education expenses. Cash donations of not less than $100 are tax deductible as long as you keep the receipt. If you enroll in a course that is directly related to your job, the course is sponsored by a qualified
If the course is hosted by a university or industry association, the course and examination fees can also be deducted.

8. What new tax deduction items have been approved?
The three newly added tax deduction items, commonly known as the three treasures of tax deduction, include Qualified Deferred Annuity Policy (QDAP), MPF Tax Deductible Voluntary Contributions (TVC) and Voluntary Health Insurance Scheme (VHIS).
9. What is the difference between physical return and online return? What are the consequences of late return?
Physical tax returns must be returned to the IRD within one month of the date of issue. The deadline for online tax returns is automatically extended by one month. Filing tax returns late may result in fines or prosecution, and may also cause you to pay more tax because the IRD
We will not receive your tax exemption and deduction application, but will only give you a unilateral estimated tax assessment based on the "basic tax exemption".
10. What if I missed out on filling in tax exemption/tax deduction information?
If you use a physical tax return, you can fill in the missing information in the format required by the tax return, or use the special form of the tax department to make corrections. If you file your tax return online, you can log in to your account and fill in the "Supplementary Information" column.
Details.