From the monthly archives:

February 2010

A No Risk Budget

February 24, 2010

Michael Chugani wrote in this morning South China Morning Post that Hong Kong should not pin its hopes on a daring budget.  Perhaps this was why that it was not until after an hour and forty odd minutes through his 2010-11 budget speech that John Tsang announced [...]

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Budget Thoughts – The Misuse of Hong Kong’s Tax System

February 19, 2010

It has become a custom for the Financial Secretary, John Tsang Chun-wah, to leak a few details of his budget measures before he delivers his budget speech.  This year is no exception.  So far this year, it has been suggested that we can expect a salaries tax rebate, a waiver of [...]

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Hong Kong Budget – Further Considerations

February 10, 2010

The budget proposals issued by the Hong Kong Institute of Certified Public Accountants, The Hong Kong General Chamber of Commerce, The British Chamber of Commerce in Hong Kong and The Taxation Institute of Hong Kong always provide interesting reading. Furthermore, they give a very useful overview of the business community’s wish list for the [...]

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Budget Mania

February 8, 2010

It is that time of year when people, typically tax partners of the larger accounting firms, attempt to predict the Hong Kong Government’s budget surplus/deficit for the current year. This is often accompanied by a call for a reduction in the rate of profits tax, i.e. the corporate tax rate. Experience has shown [...]

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