The Exemption from Salaries Tax and Profits Tax (Anti-epidemic Fund) Order comes into operation on 29 May 2020.The Exemption Order exempts, subject to certain conditions, individual and business from payment of salaries tax and profits tax in respect of financial assistance or relief provided under the Anti-epidemic Fund. The exemption applies in relation to salaries tax and profits tax chargable for the year of assessment commencing on 1 April 2019 and for all subsequent years of assessment.
Date: 2020.05.29