Gov. Subsidy for Retail Sector

In response to the arising epidemic HK Government is establishing relief scheme for retailers, under HK$30 billion “anti-epidemic fund”. 1. Definition Retailing is the resale of tangible goods to general public for personal / household consumption, without transforming the goods in the resale process. Therefore the scheme does not cover personal and services businesses. 2. […]

14-Days Quarantine Responding COVID-19

To prevent further outbreak of COVID-19, Hong Kong government is performing 14 days quarantine for people arriving from abroad which started on last March 19. People arriving from abroad have to do mandatory self isolation for 14 days upon arrival in Hong Kong. Chief Executive Carrie Lam said strict measures are needed to prevent the[…..]

2020/21 Hong Kong Budget Speech Highlights

Financial Secretary Mr. Paul Chan delivered the budget speech on February 26 th, 2020. After 15 years of budget surplus 2019/20 ended in $3.6 billion deficit, caused by unfavourable social and economic climates. The following 2020/21 is forecasted to remain challenging, with $139 billion budget deficit forecasted. The 2020/21 budget was tailored with focuses on[…..]

IRD Announces Extension of Deadline for Filling Returns

For M-Code Loss Cases & Other Filling and Payment Deadlines In relation with the coronavirus outbreak, the IRD has now announced that they will grant block extension to 28 February 2020 for tax representatives that have submitted extension request for 2018/19 loss cases. In accordance with the Block Extension Letter dated 11 March 2019, under[…..]

Prevention of Novel Coronavirus Infection

In view of the current coronavirus outbreak in China with rapidly increasing number of confirmed cases, Link-Pro CPA is cautious about the situation. As the health and safety of customers and staff are always our top priority. In light of the latest development of the Novel Coronavirus (2019-nCoV) outbreak, customers and staff are also advised[…..]

Adopting a Virtual CFO in this age of Digitalization

Our practising CPA, Brian LAI has given a presentation about adopting virtual CFO in this age of digitalization on last Thursday (26/09/2019), at Accounting & Finance Show. Accounting and Finance Show is an event providing the latest insights about ideas, skills, and technologies relevant mainly for accountants, bookkeepers, & finance managers. The event was attended[…..]

Moving Your Existing Accounting to Cloud Accounting

Cloud accounting will make your business become more efficient, it provides more flexible (and also cheaper) accounting processes. This means the staffs can spend more time on lucrative works such as advisory services, consulting, or some new business developments. Companies that use fixed-fee-pricing model tend to benefit the most when moving to cloud system. As[…..]

Food Grace Event

  LINK-PRO aims on providing professional services to and building strong and longstanding relationship with our clients, more than that, we are dedicated to environmental improvements by joining many volunteering and charitable activities. Recently, LINK-PRO signed the Food Grace Charter. On 15 August 2019, Food Grace held an event about Mid-autumn festival and Link-Pro CPA[…..]

Recent Hong Kong Economy

From Bloomberg Economics, HK gross domestic products expanded by 0.6% in the second quarter and the continuing unrest might raise possibility of a recession occurring. Stock market value has been plunged by more than $600 billion since early July, and analysts are expressing concerns that property values could slump in the future. Market and Economy[…..]

Hong Kong New Relief Measures Set 2019

Measures to aid enterprises Financial Secretary Mr. Paul Chan announced a series of measures to support enterprises and safeguard jobs on 15 August 2019, aiming to help small and medium-sized enterprises (SMEs). A total of 27 groups of government fees will be waived for 12 months to benefit a wide range of sectors and that[…..]