Delivered by the Financial Secretary, Mr Paul Chan, the Hong Kong 2022-23 Budget was announced on 23 February 2022. The expansionary budget was curated to provide immediate Covid-19 support to its people and businesses and to achieve future economic growth as the country battles with its fifth wave of COVID-19 outbreak.
Some of the key highlights from this year’s budget includes new and extended personal and corporate tax incentives, business relief measures and long-term tax planning initiatives. As businesses make adjustments to their tax planning, BoardRoom has identified key highlights from the Hong Kong budget to help businesses minimise their tax charges and optimize their earnings.
Download our Hong Kong Budget 2022-23 Report for a concise summary about how these implications might affect your corporate tax planning.
If you have any questions relating to the information contained in this report or require tax advisory services, please contact our tax advisors via email or call us at +852-2598 5234
Profit Tax
Other Business Relief Measures
Stamp Duty Wavier
Double Tax Treaty
Related Business Insights
-
22 Mar 2024
ESG Reporting 101: Your Comprehensive Guide
Dive into ESG reporting in Hong Kong with this comprehensive guide. Understand ESG basics and best practices for re …
READ MORE -
22 Mar 2024
Navigating the Importance of ESG Due Diligence in Hong Kong
Discover why ESG due diligence in Hong Kong is on the rise and it can help in decision-making and risk management. …
READ MORE -
11 Mar 2024
Business transformation: revolutionising finance and payroll functions
Understand how business transformation can enhance your finance and payroll functions and how seamless this can be …
READ MORE