Hong Kong SAR Budget 2021/2022

Summary of Tax Measures

Financial Secretary of the Hong Kong Special Administrative Region, Mr. Paul Chan Mo-po, delivered the 2021/22 budget speech today. A deficit of $257.6 billion for 2020/21 is expected and fiscal reserves to reach $902.7 billion by 31 March 2021. This Tax Newsflash summarized the major proposals with respect to tax for individual and business.

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