Hong Kong SAR Budget 2022/2023
Summary of Tax Measures
Financial Secretary of the Hong Kong Special Administrative Region, Mr. Paul Chan Mo-po, delivered the 2022/23 budget speech today. A surplus of HK$18.9 billion for 2021/22 is expected and fiscal reserves to reach $946.7 billion by 31 March 2022. This Tax Newsflash summarized the major proposals with respect to tax for individual and business.