1. Tax relief for businesses and individual
No changes proposed to tax rates
100% Profits Tax & Salaries Tax Reduction for the assessable 2021/22, subject to a ceiling of HKD10,000. (the assessable year 2021/22: the year-end date within 2021/04/01 to 2022/03/31)
2. Waiver of business registration fees for 2022-23
$0 Business Registration Fees (Only HK$250 of
3. Waiver of Annual return fee for 2021/22 and 2022/23
the registration fees for annual returns delivered to the Companies Registry on time and within the concession period until 30 September, 2022 have been waived.
4. Rental expenses deduction for individual
Introduce tax deduction for domestic rental expenses, subject to a ceiling of HKD 100,000 starting from 2022-23
5. Rates waiver
Rates (For domestic property)
Rates waiver for each domestic property for all 4 quarters of 2021-22, which is subject to a ceiling of HKD 1,500 per quarter in the first 2 quarters and HKD 1,000 per quarter in the remaining 2 quarters.
Rates (For non-domestic property)
Same as the domestic property, rates waiver for each non-domestic property for all 4 quarters of 2021-22, which is subject to a ceiling of HKD 5,000 per quarter in the first 2 quarters and HKD 2,000 per quarter in the remaining 2 quarters
