To foster a more competitive and favourable investment environment for funds and family offices, the Financial Services and Treasury Bureau issued ...
Hong Kong’s economy grew at a slower pace in 2024 as stagnant consumption and a lackluster property sector weighed on activity, highlighting the risks ahead for Asia’s financial capital amid a looming ...
What you can deduct: A portion of your mortgage or rent; property taxes; the cost of utilities, repairs and maintenance; and similar expenses. Generally, this deduction is only available to self ...
Tax Season 2025: How long will it take to get your refund after filing your return? The standard deduction is a fixed amount you can subtract from your income to reduce the portion that is taxed.
The secret is in leveraging both tax deductions and tax credits. Before you start your tax return, let’s clarify the differences between a tax credit and a tax deduction and how both work to ...
Though the major tax relief is likely to be announced for the new tax regime, taxpayers need to know the current deductions available under the old tax regime. Here’s a comprehensive guide to the key ...
Hong Kong should offer tax benefits to cross-border e-commerce platforms to attract such businesses and look at reviewing the civil service as ways to boost the economy, accounting firm Deloitte ...
The government's flagship, simplified New Tax Regime has slowly but surely gained tax payers' acceptance. In Assessment Year 2024-25, 72% of taxpayers opted for it. Is this change here to stay?
If you are planning a trip to Hong Kong, expect costlier hotels and flights, as Hong Kong authorities are reintroducing the Hotel Accommodation Tax (HAT) and imposing a surcharge on airfare in 2025.