The Hong Kong Inland Revenue Department has announced the draft bill and orders providing for the implementation of certain measures of the 2022-23 Budget, which will be introduced into the Legislative Council on 16 March 2022
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Gazettal of Revenue (Tax Concessions) Bill 2022
The Revenue (Tax Concessions) Bill 2022 will be gazetted on March 4. The Bill seeks to implement tax concessions proposed in the 2022-23 Budget.
The Budget has proposed one-off reductions of salaries tax, tax unde…