Question 1(15 marks) PARTI Ms. Fifi operated a fashion boutique in Mongkok, Hong Kong, a prime location in the pedestrian zone. A profits tax return was issued to her on 2 April 2017. She forgot about it until she received an estimated assessment on 15 June 2017. She was not satisfied with this assessment. Required: Advise Ms. Fifi what she had to do at once; and the consequence after her actions. (7 marks) PART II Mr. Gordon commenced to operate Gordon's Restaurant in Central District, Hong Kong on 1 July 2016. He employed 10 staff for the restaurant. The restaurant made a profit of $300,000 for the 9-month period ended 31 March 2017. Required: Mr. Gordon enquired you, his tax adviser, his obligation to comply with the requirements of the Inland Revenue Ordinance. (8 marks) Question 1(15 marks) PARTI Ms. Fifi operated a fashion boutique in Mongkok, Hong Kong, a prime location in the pedestrian zone. A profits tax return was issued to her on 2 April 2017. She forgot about it until she received an estimated assessment on 15 June 2017. She was not satisfied with this assessment. Required: Advise Ms. Fifi what she had to do at once; and the consequence after her actions. (7 marks) PART II Mr. Gordon commenced to operate Gordon's Restaurant in Central District, Hong Kong on 1 July 2016. He employed 10 staff for the restaurant. The restaurant made a profit of $300,000 for the 9-month period ended 31 March 2017. Required: Mr. Gordon enquired you, his tax adviser, his obligation to comply with the requirements of the Inland Revenue Ordinance. (8 marks)