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New Tax Relief Measures in Hong Kong Budget

...posed to have a 1-year assessment period for all categories, but it is not a final, definite period. It is reasonable to monitor changes on this matter. • Taxpayers might have a maximum HKD30,000 (USD3,830) tax for 2017-2018. This will work for salaries tax, profit tax and tax under the personal assessment. More than 2 million taxpayers might have their tax reduced by 75 percent for the year ...

Path: Blog