BM Accounting Services Limited
IRD Letter Human Review Summary

IRD letter human review content page

Sole proprietorship, partnership or unlimited company received an IRD letter? Clarify business responsibility and next steps first

When a small business receives an IRD letter, the issue is often not just whether a form needs to be filed. It may involve business information, accounts, filing method, information requests and follow-up responsibility. BM can conduct an initial human review of the letter you received.

Submit a business IRD letter for human reviewHK$380 / per IRD letter

This Type of Letter May Relate To

IRD letters received by sole proprietorships, partnerships or unlimited companies may commonly relate to:

  1. 1Business profits tax reporting
  2. 2Sole proprietorship business information in an individual tax return
  3. 3Profits tax return for a partnership business
  4. 4Commencement, cessation or change of business
  5. 5Request for business income, expense or accounting information
  6. 6Estimated assessment, overdue matters, penalties or follow-up queries
  7. 7Business registration or business information queries

Common Areas of Uncertainty

Common uncertainties for small businesses include:

  1. 1Whether the business should be handled in an individual tax return or another tax return
  2. 2Whether accounts or income and expense records need to be prepared
  3. 3Whether changes in partners or business form affect reporting
  4. 4Whether the letter is only asking for information or has already moved into assessment or follow-up
  5. 5Whether multiple years of information need to be organised first
  6. 6Whether the matter can be handled by yourself or should be followed up by BM

Common Risks

If the actual requirement of the letter is not reviewed first, common risks include:

  1. 1Treating business responsibility as an ordinary personal tax matter
  2. 2Replying before organising income and expense records
  3. 3Missing the impact of partnership or business form changes
  4. 4Underestimating the follow-up cost of messy accounts
  5. 5Handling only the surface letter while missing the underlying profits tax or information gap issue

Information Usually Needed

For an initial review, BM usually needs to see:

  1. 1A complete and clear image or PDF of the IRD letter
  2. 2Business name and business registration information
  3. 3The date and file number shown on the letter
  4. 4A brief description of the business form: sole proprietorship, partnership or unlimited company
  5. 5If follow-up is needed, income, expenses, bank records or basic accounting information may be required

When the HK$380 Service Is Suitable

If you are not sure whether the letter involves tax filing, accounts, information request, estimated assessment, penalty or business responsibility, you may first use the HK$380 IRD letter human review summary service.

Service boundary

HK$380 includes: human review of one IRD letter, with a summary of the actual requirements, key risk areas, information gaps, time sensitivity and suggested next steps.

It does not include: formal replies to the IRD, document submission, audit arrangement, formal tax representative services, legal advice or any guarantee of outcome.

Confirm the handling direction of your business IRD letter first

HK$380 is for the initial human review and direction summary of one IRD letter. It is not a complete tax handling service.

HK$380

HK$380 / per IRD letter

Go to payment and submission

FAQ

Does HK$380 include bookkeeping catch-up work?›

No. HK$380 is for an initial human review and direction summary of one IRD letter. It does not include bookkeeping catch-up work, full accounting record preparation, formal replies to the IRD or document submission.

Can I submit the letter if I have not organised accounts for years?›

Yes. BM can first summarise the actual requirements, risk areas and information gaps based on the letter you submit. If bookkeeping catch-up or follow-up handling is needed, BM will confirm the service scope and fee separately.

What if I am not sure whether my business is a sole proprietorship, partnership or unlimited company?›

You may select "Not sure, please help identify", or briefly describe your current situation when submitting. BM will conduct an initial review based on the letter and information you provide.

Other IRD letter scenarios that may be relevant

If this page does not fully match your situation, compare the other scenarios first. If you are unsure, return to the service page and select "Not sure".

Back to payment and submission pageIndividualView scenarioReceived an IRD letter as an individual and not sure what to do next?PropertyView scenarioProperty owner received an IRD letter? Confirm whether it involves reporting, assessment or information requestLimited companyView scenarioLimited company received an IRD letter? Clarify company responsibility, information gaps and follow-up arrangements firstNot sure, please help identifyView scenarioNot sure what type of IRD letter you received? You can let BM review it first