CPA Australia: Hong Kong Budget - Bold steps needed for economic boost
- Written by The Bulletin
- 100 per cent increase in tobacco duty, consider a tax on non-recyclable plastic products
- Offer a two-tiered e-consumption vouchers with a target disbursement period in the first half of 2023, with HK$2,000 as the base amount for all eligible Hong Kong residents, and an additional HK$6,000 for underprivileged groups (in total HK$8,000)
- Maintain the HK$10,000 tax rebate on salaries tax and increase tax allowances
HONG KONG SAR - Media OutReach - 15 February 2023 - One of the largest professional accounting bodies globally, CPA Australia, has released its recommendations for Budget 2023-24 to revitalise the economy and create a better future.
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