{"id":6880,"date":"2023-03-21T08:45:21","date_gmt":"2023-03-21T08:45:21","guid":{"rendered":"https:\/\/www.boardroomlimited.com\/hk\/?p=6880"},"modified":"2024-10-09T14:11:48","modified_gmt":"2024-10-09T06:11:48","slug":"hong-kong-2023-24-budget","status":"publish","type":"post","link":"https:\/\/www.boardroomlimited.com\/hk\/hong-kong-2023-24-budget\/","title":{"rendered":"Hong Kong 2023-24 Budget"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row full_width=&#8221;stretch_row&#8221; css_animation=&#8221;fadeInLeft&#8221; el_class=&#8221;business-insights-content&#8221;][vc_column][vc_row_inner][vc_column_inner][vc_column_text]As Hong Kong enters the post-pandemic era, the Hong Kong 2023-24 Budget laid out the plans and measures for pursuing economic growth, moving to high\u2011quality development and enhancing people&#8217;s quality of life. We\u2019ve outlined the key changes that you\u2019ll need to be aware of, in order to optimise the benefits for your business.<\/p>\n<p>To find out how the tax measures announced will implicate your tax planning, download our Hong Kong 2023-24 Budget Report.<\/p>\n<p>If you have any questions relating to the information contained in this report or require <a href=\"https:\/\/www.boardroomlimited.com\/hk\/services\/tax\/\">tax advisory services<\/a>, please contact our tax advisors via email or call us at <a href=\"tel:+65 6536 5355\">+65 6536 5355<\/a>.[\/vc_column_text][vc_btn title=&#8221;DOWNLOAD THE FULL HONG KONG 2022-23 BUDGET REPORT&#8221; style=&#8221;custom&#8221; custom_background=&#8221;&#8221; custom_text=&#8221;&#8221; shape=&#8221;square&#8221; align=&#8221;center&#8221; el_class=&#8221;common-btn m-t-60 m-b-50&#8243; link=&#8221;url:https%3A%2F%2Fmarketing.boardroomlimited.com%2Fl%2F846413%2F2023-02-27%2Fppqblv%2F846413%2F1677558123vioJElm9%2FBoardroom_Hong_Kong_Budget_2023_EN.pdf|target:_blank&#8221;][vc_column_text]To view this report in Traditional Chinese, click <a href=\"https:\/\/marketing.boardroomlimited.com\/e\/846413\/m-Hong-Kong-Budget-2023-TC-pdf\/ppsjsg\/1134588682?h=gVQGshCww8C0QHNfwhsqnxouhh8KfWyQRhKIOTiCPyg\" target=\"_blank\" rel=\"noopener\">here<\/a>.<\/p>\n<p>To view this report in Simplified Chinese, click <a href=\"https:\/\/marketing.boardroomlimited.com\/e\/846413\/m-Hong-Kong-Budget-2023-SC-pdf\/ppsjsv\/1134588763?h=vZV9IsikJJ97iKzKyh03mYmvN1qpPPZHElone5bIOrY\" target=\"_blank\" rel=\"noopener\">here<\/a>.[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row full_width=&#8221;stretch_row_content_no_spaces&#8221; css_animation=&#8221;fadeIn&#8221; el_class=&#8221;seperator-container common-spacing&#8221;][vc_column][vc_row_inner][vc_column_inner][vc_separator color=&#8221;custom&#8221; border_width=&#8221;2&#8243; accent_color=&#8221;#e9e6ee&#8221;][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row][vc_row full_width=&#8221;stretch_row&#8221; css_animation=&#8221;none&#8221;][vc_column][vc_row_inner][vc_column_inner][vc_custom_heading text=&#8221;Related Business Insights&#8221; font_container=&#8221;tag:h3|text_align:center&#8221; use_theme_fonts=&#8221;yes&#8221;][\/vc_column_inner][\/vc_row_inner][vc_row_inner el_class=&#8221;common-top-spacing business-insights-container&#8221;][vc_column_inner][vc_column_text]        <ul class=\"business-insights list-inline\">\n                            <li>\n                    <a href=\"https:\/\/www.boardroomlimited.com\/hk\/profits-tax-filing-2025-26-key-deadlines-and-compliance-points\/\" class=\"post-image\">\n                        <img decoding=\"async\" src=\"https:\/\/www.boardroomlimited.com\/hk\/wp-content\/uploads\/sites\/3\/2026\/06\/Profits-Tax-Filing-\u2013-202526-Key-Deadlines-and-Compliance-Points-1.png\" alt=\"\" loading=\"lazy\" \/>\n                    <\/a>\n                    <div class=\"article-inner test\">\n                        <p class=\"date\">17 Jun 2026<\/p>\n                        <!-- <h5><a href=\"https:\/\/www.boardroomlimited.com\/hk\/profits-tax-filing-2025-26-key-deadlines-and-compliance-points\/\">Profits Tax Filing \u2013 2025\/26 Key  [&hellip;]<\/a><\/h5> -->\n                        <h5><a href=\"https:\/\/www.boardroomlimited.com\/hk\/profits-tax-filing-2025-26-key-deadlines-and-compliance-points\/\">Profits Tax Filing \u2013 2025\/26 Key Deadlines and Compliance Points<\/a><\/h5>\n                        <p>The Inland Revenue Department (\u201cIRD\u201d) conducted the bulk issuance of 2025\/26 Profits Tax Returns in early April &hellip;<\/p>\n                        <a href=\"https:\/\/www.boardroomlimited.com\/hk\/profits-tax-filing-2025-26-key-deadlines-and-compliance-points\/\" class=\"common-btn\">READ MORE<\/a>\n                    <\/div>\n                <\/li>\n                            <li>\n                    <a href=\"https:\/\/www.boardroomlimited.com\/hk\/understanding-offshore-tax-claims-in-hong-kong\/\" class=\"post-image\">\n                        <img decoding=\"async\" src=\"https:\/\/www.boardroomlimited.com\/hk\/wp-content\/uploads\/sites\/3\/2026\/06\/Understanding-Offshore-Tax-Claims-in-Hong-Kong-1.png\" alt=\"\" loading=\"lazy\" \/>\n                    <\/a>\n                    <div class=\"article-inner test\">\n                        <p class=\"date\">17 Jun 2026<\/p>\n                        <!-- <h5><a href=\"https:\/\/www.boardroomlimited.com\/hk\/understanding-offshore-tax-claims-in-hong-kong\/\">Understanding Offshore Tax Claims i [&hellip;]<\/a><\/h5> -->\n                        <h5><a href=\"https:\/\/www.boardroomlimited.com\/hk\/understanding-offshore-tax-claims-in-hong-kong\/\">Understanding Offshore Tax Claims in Hong Kong<\/a><\/h5>\n                        <p>Hong Kong adopts a territorial basis of taxation, whereby Profits Tax is generally chargeable only where a person c &hellip;<\/p>\n                        <a href=\"https:\/\/www.boardroomlimited.com\/hk\/understanding-offshore-tax-claims-in-hong-kong\/\" class=\"common-btn\">READ MORE<\/a>\n                    <\/div>\n                <\/li>\n                            <li>\n                    <a href=\"https:\/\/www.boardroomlimited.com\/hk\/individual-tax-filing-2025-26-key-compliance-points-and-reminders\/\" class=\"post-image\">\n                        <img decoding=\"async\" src=\"https:\/\/www.boardroomlimited.com\/hk\/wp-content\/uploads\/sites\/3\/2026\/06\/Individual-Tax-Filing-\u2013-202526-Key-Compliance-Points-and-Reminders.png\" alt=\"\" loading=\"lazy\" \/>\n                    <\/a>\n                    <div class=\"article-inner test\">\n                        <p class=\"date\">16 Jun 2026<\/p>\n                        <!-- <h5><a href=\"https:\/\/www.boardroomlimited.com\/hk\/individual-tax-filing-2025-26-key-compliance-points-and-reminders\/\">Individual Tax Filing \u2013 2025\/26 K [&hellip;]<\/a><\/h5> -->\n                        <h5><a href=\"https:\/\/www.boardroomlimited.com\/hk\/individual-tax-filing-2025-26-key-compliance-points-and-reminders\/\">Individual Tax Filing \u2013 2025\/26 Key Compliance Points and Reminders<\/a><\/h5>\n                        <p>The bulk issue of the 2025\/26 Individual Tax Returns took place on 4 May 2026. Individuals should be aware of their &hellip;<\/p>\n                        <a href=\"https:\/\/www.boardroomlimited.com\/hk\/individual-tax-filing-2025-26-key-compliance-points-and-reminders\/\" class=\"common-btn\">READ MORE<\/a>\n                    <\/div>\n                <\/li>\n                    <\/ul>\n        [\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>As Hong Kong enters the post-pandemic era, the Hong Kong 2023-24 Budget laid out the plans and measures for pursuing economic growth, moving to high\u2011quality development and enhancing people&#8217;s quality of life. We\u2019ve outlined the key changes that you\u2019ll need to be aware of, in order to optimise the benefits for your business.<\/p>\n","protected":false},"author":4,"featured_media":6886,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[3,48],"tags":[],"class_list":["post-6880","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-insights","category-tax"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Hong Kong 2023-24 Budget - BoardRoom HongKong<\/title>\n<meta name=\"description\" content=\"As Hong Kong enters the post-pandemic era, the Hong Kong 2023-24 Budget laid out the plans and measures for pursuing economic growth, moving to high\u2011quality development and enhancing people&#039;s quality of life. 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