Click here to view the Web Version Forward this message to a friend! February 2022 Hong Kong’s financial secretary, the Honourable Paul MP Chan, delivered his 2022-2023 Budget speech to the Legislative Council today. Despite the ongoing COVID-19 pandemic, the Hong Kong SAR government is estima
 ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
 ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

Click here to view the Web Version

Forward this message to a friend!

February 2022

Hong Kong’s financial secretary, the Honourable Paul MP Chan, delivered his 2022-2023 Budget speech to the Legislative Council today.


Despite the ongoing COVID-19 pandemic, the Hong Kong SAR government is estimating a budget surplus of HKD 18.9 billion for 2021-22, while its fiscal reserves are set to increase to HKD 946.7 billion by March 2022. This underlines the strong position of the government’s books and resilience of the Hong Kong economy. In his speech, the Financial Secretary outlined a range of measures to support businesses and residents that have been impacted by the pandemic, foster the post-epidemic economic recovery and enhance Hong Kong’s competitive position as an international trade and financial centre.


A summary of the budget proposals, together with our comments, can be accessed through this link. In addition to the Budget-specific information, the website also includes information and links to various tax-related topics to provide you with a simpler way of getting other useful tax information.


We hope you find this summary a useful and informative read. If you have any comments or questions, please contact us.


Kind regards,

Hong Kong Budget Summary 2022-2023 (EN)

 

Hong Kong Budget Summary 2022-2023 (CN)

John Timpany
Head of Tax 
Hong Kong
KPMG China

Alice Leung
Tax Partner
KPMG China


Stanley Ho
Tax Partner
KPMG China


 

kpmg.com/cn/socialmedia



Privacy | Legal

This e-Mail was sent by KPMG, 8th Floor, Prince's Building, 10 Chater Road, Central, Hong Kong. For enquiries, please click here.

You have received this communication because you have previously expressed an interest in KPMG’s events and/ or publications. Any personal data of yours that we hold is necessary in order to provide you with the information for which you have subscribed. To check your subscription preference or to subscribe to other KPMG communications, please click here. To unsubscribe, please click here. Please allow 10 business days for your opt-out request to take effect.

You have the right to request access, correction or deletion of any of your personal data held by us. If you request access to your personal data held by us, we may charge a reasonable fee in order to respond to your request.

We will keep all personal data confidential. Any personal data held by us will only be disclosed and used as described or as agreed with you or as required by law.


这个电子邮件是由毕马威会计师事务所发出。地址:香港中环遮打道10号太子大厦8楼。如有任何查询,请按这里。

此前阁下曾表示对毕马威的活动或出版物感兴趣,所以向阁下发出了本通讯。我们持有的个人资料是为阁下提供服务所必需。假如阁下希望查询当前订阅或订阅其他毕马威的通讯,请按这里。假如阁下希望取消任何订阅,请按这里。 取消订阅的要求需时10个工作天方能生效。

阁下有权要求查阅我们所持有的个人资料及要求更正或删除有关资料。如果阁下要求查阅我们所持有的资料,我们可能就阁下的要求收取合理费用。

我们会对个人资料保密,并且只会按照已订明的情况、与阁下的协议或按照法律规定披露及使用我们所持有的个人资料。


© 2022 KPMG Huazhen LLP, a People's Republic of China partnership, KPMG Advisory (China) Limited, a limited liability company in Mainland China, KPMG, a Macau (SAR) partnership, and KPMG, a Hong Kong (SAR) partnership, are member firms of the KPMG global organisation of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved.

The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organisation.