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Hong Kong Budget 2024-25: Key Tax and Funding Updates

The Hong Kong Budget 2024-25 introduces new tax arrangements to raise public funds and extends support policies for companies and individuals.

Hong kongPaul chanStatistics departmentHotel accommodation taxEnhancement of the dedicated fund onProtection of wages on insolvency fundTreasury bureauEvaluation departmentFinancial servicesHong kong mortgage corporation limited insuranceMarine departmentDigital transformation support pilot programmeSecurities futures commissionHong kong budgetGovernment implements new tax arrangementsExtends funding

(Budget 2024-25) Sweeteners of HK$11 5b less sweet from previous year

Financial chief Paul Chan Mo-po handed out fewer sweeteners in the annual budget announced on Wednesday, with the one-off measures totaling .

Hong kongPaul chan mo poKong diplomaSecondary educationComprehensive social security assistanceOld age allowanceOld age living allowanceDisability allowanceWorking family allowanceThe standardEction newsOp newsEntral station

(Budget 2024-25) Tax cuts, additional allowances

Hong Kong taxpayers will have salaries tax and tax under personal assessment reduced by 100 percent, subject to a ceiling of HK$ 3,000, fina.

Hong kongPaul chan mo poComprehensive social security assistanceOld age allowanceOld age living allowanceDisability allowanceThe standardEction newsOp newsEntral station

More Hong Kong retirees are homing in on Greater Bay Area but healthcare issues prove hard to handle for some

Growing number of elderly Hongkongers opting to live across the border, but concern groups say fundamental differences between local and mainland’s healthcare system still a deterrent.

Hong kongFlorence fong meng soiHongkonger amy lauResidential care services scheme in guangdongSociety for community organisation soHong kong federation of trade unionsNansha district civil affairs bureauGreater bay areaAsia pacific instituteAgeing studiesLingnan universityAged nanshaDistrict civil affairs bureauResidential care services schemeGuangdong schemeTsang chi man

Subsidies at risk amid major push for budget cuts

Michael Shum The Hong Kong administration should cut non-essential expenditures, such as the old age allowance and extra allowance of social.

Hong kongWendy hong wenMichael shumWelfare departmentElection committeeChinese university asia pacific institute of businessFinancial secretary paul chan mo poSocial welfare departmentLee siu poChinese universityAsia pacific institutePeter koon ho mingComprehensive social security assistanceOld age living allowanceTik chi yuenThe standard

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