Hong Kong SAR Budget 2015/2016
Deloitte's commentary & summary of tax measures
The Financial Secretary for the Hong Kong Special Administrative Region (HKSAR), John Tsang, has delivered his eighth budget on Wednesday, 25 February 2015.
Our coverage includes a commentary and analysis in response to the Budget prepared by the Deloitte Hong Kong Budget Team, led by Yvonne Law, Partner of Deloitte China, and a summary highlighting the key proposals.
A comprehensive budget with diverse initiatives, but housing measures fewer than expected
The Financial Secretary delivered a comprehensive budget with wide-ranging tax measures and initiatives to address different social and economic challenges, reinforcing Hong Kong's long-term competiveness. Despite the government’s commitment to optimising land utilisation and increasing land supply, there were fewer-than-expected measures to help mitigate the housing burden faced by citizens.
Click here to read the full version.