Dear Fellow Members,

I am honored to be elected as the President of the Taxation Institute of Hong Kong (“TIHK”) for the term 2020/2021.

Following the great success of enhancement on CTA brand to Chartered Tax Adviser (“CTA”) with the Chartered Institute of Taxation (“CIOT”), the Institute aims to further leverage the new CTA licensing for promoting our membership growth through better collaboration with various stakeholders including the Mainland, in particular the Greater Bay Area, as well as other tax jurisdictions.  With the increasing demand in tax professionals arising from the rapid change of laws and regulations in the tax world, I believe the CTA designation will soon become the core remark among the tax language.

 

Apart from developing new market, we never slow down our pace in upholding the standard of the CTA designation.  In this connection, we plan to restructure and reschedule our CTA Qualifying Examination by formulating examination diet intake and providing other enhanced support for students to achieve their goal as tax professionals.

It will be the most challenging year ever than before as a result from the development of pandemic globally since the end of 2019 which impacted all walks of life.  Most physical events including seminars, workshops and projects were affected, cancelled, or postponed.  TIHK, however, has dedicated its technology innovation project prior to the “New Normal” yet to come.  Moving forward, we shall continue to cope with the fast-changing tax world by digitalising the Institute’s platform.

With your staunch support, I unequivocally believe that the CTA designation will continue to stand firm in the market.  May I take this opportunity to express my heartfelt gratitude to all Council Members, the Advisory Board and committee members who will surely contribute to our tax profession in the coming year.  Finally, let us strive for excellence, devote professionalism and stay healthy in all respects.

Yours sincerely,

Webster Ng
President 2020/2021