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Audit and Assurance

Audit and assurance on the financial statement can increase investor confidence and unlock valuable insight into the business. We can provide audit and assurance for the following:

External Examiner for Legal Firm

Trust account audit such as for Real Estate Agent, Immigration Agent etc

Financial statement audit for immigration purpose

Due diligence for business acquiring and disposal

Non For Profit financial statement review

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Latest News

Deduction Changes of Vacant Land Affecting Small Property Development
Deductions Denial of Vacant Land

Deduction Changes of Vacant Land Affecting Small Property Development

  • November 29, 2019
  • by Robert Liu CPA
  • No Comments

A new law has come into effect through the Parliament last month, denying the deductions for holding expenses associated with vacant land, which currently would be deductible in the ordinary course. The legislation is not only retrospective but also go beyond purely vacant land. Before, the old law allows those who hold vacant land with an intention to build a rental property on it to claim the tax deduction for costs of holding the land