On 26 February 2025, Hong Kong Financial Secretary Paul Chan delivered the 2025-26 Budget. The specific tax measures of the budget include:
- A one-off reduction of profits tax, salaries tax, and tax under personal assessment for the year of assessment 2024/25 by 100%, subject to a ceiling of HKD 1,500 per case; and
- Raising the maximum value of properties chargeable to a stamp duty of HKD 100 from HKD 3 million to HKD 4 million, which applies to any conveyance on sale or agreement for sale of …