RoddysRant.com > Archive by tag 'SME’s'

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SME’s

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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Why Reduce The Tax Rate?

October 6, 2009

I read with interest that the Hong Kong General Chamber of Commerce believes that it is essential to reduce the rate of profits tax, the tax on business profits, to 15% in order to enhance Hong Kong’s competitive position. I question whether a reduction in the rate of profits tax is that important in [...]

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A plea to the Honourable Mr John Tsang

February 20, 2009

A great deal of press coverage has been given to the impact of the current financial tsunami on major corporations, financial institutions etc but little to the plight and hardship felt by small and medium sized businesses. With the tightening of credit lines many SME’s are struggling each month to meet even their staff salary [...]

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Budget Proposal

February 18, 2009

In the past few days there has been media coverage of the proposal to suspend provisional tax and to introduce a one year subsidy of HK$2,000 per month for those persons hiring graduates from Hong Kong universities. Sadly, I doubt whether there is time to introduce additional proposals into next Wednesday’s Hong Kong Budget but, [...]

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