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Written by: Chung Yan and Hu Jiaxin
2021-02-25 07:57
The last update date: 2021-02-25 09:34
[Budget 2021/Electronic Consumer Vouchers/Sugar Dispatch/Stamp Duty] The Financial Secretary Chen Maobo released a new budget on Wednesday (24th), which includes distribution to all adult permanent residents and new arrivals in Hong Kong in installments No specific content was announced for the 5,000 yuan electronic consumer coupon.
Facing the fiscal deficit that will continue to occur in the next five years, Chen Maobo attacked stockholders by substantially increasing the stamp duty on stocks by 30% to 0.13% of the transaction volume. The Hang Seng Index fell by nearly a thousand points.
Chen Maobo attended the joint radio program today (25th) and is expected to answer one by one.
【09:00】Structural fiscal deficits, stock stamp duty and private license plate fees have been raised, the tax base is narrow, have you considered other things?
Chen Maobo's current environment is prudent, and he has considered many aspects and hopes to pay more if he can. For example, the property vacancy tax, the developer sells as soon as possible, so it must increase income; the regressive nature of the goods and services tax has a greater impact on the grassroots; asset value added tax It may be of different nature; the review of rates, the first category of residential non-residential, different tax rates for value and rent, and the inclusion of the radar network research should be tightened.
East Kowloon once suggested a CBD. Is the current rezoning environment different, vacancy is high, and the prospects are not so many? Chen Maobo pointed out that the epidemic business model has changed, and the demand for office buildings may change. Currently, Kowloon East is starting, and Kai Tak is away from wanting to live. Land, Kai Tak Runway may be more suitable for residence.
The audience, Mr. Xu, have you considered Hong Kong as round as the name "wave". Finance is the mainstay of Hong Kong. Why "stomped on the canal with one foot".
Audience Mr. Huang, consider consumer vouchers from the perspective of small merchants. There are few incentives to charge handling fees; if the stock stamp tax is "Beishui more", will you consider "Beishui" levying a stamp duty of 0.15%.
Chen Maobo pointed out that considering stamp duty, mainly considering the status of a financial center, half of the listed companies are mainland companies. They mainly buy mainland stocks to see the development of the mainland. The whole world sees the development of the mainland. Therefore, buying funds from Europe and the United States in the mainland is a historical trend in the stock market; other markets are not For direct competitors, the mainland has more than 0.1% control, and Hong Kong is more free and can enter and exit at any time. The competitiveness is very low.
He also pointed out that when buying stocks, the main consideration is that "buy 1 million and collect 300 more mosquitoes first. Making money depends on the cost." Don't just look at stamps. There are no dividend taxes and value-added taxes in Hong Kong. Other places have collections. It has been in existence for many years and the market is high. Efficiency, confidence, "Development is not about fighting flat, thinking about invigorating the market."
With stocks booming, how can the financial market redistribute resources?
The redistribution of resources is another topic. More people in finance should benefit from it. We should increase the amount of ibond silver bond, and the retail part of financing, such as green bonds, will make investment interest flat. Do retail for the public to do.
The audience Mr. Lin pointed out that the stamp duty was "not at this time, because the epidemic has not passed"; the audience Mr. Li pointed out that any discussion has a principle presupposition, "There are certain factors that will suffer consequences. If people survive, they should send meals. , The company’s bankruptcy is less capable than food; "There are too many cars, and controlling the quantity is not a price increase."
The audience, Mr. Yuan, pointed out that the budget is contrary to the public. "The cost of sending 10,000 yuan is high. It is necessary to write new software. The cost is a little bit. It is a cost to watch the food." , The borrowers are all unemployed, guarantee to pay back the card number..."
Chen Maobo pointed out that yesterday’s correction in the stock market was not just for Hong Kong, but also for others in the region. Food distribution and BUDGET talked about the constant increase of short-term food assistance, and the Octopus is used without e-wallet. He also emphasized that national security expenditures are "absolutely not." It’s military expenses, so don’t make a mistake.”
[08:45] The listener Mr. Ye said that 100% loans were introduced this year. Last year they were also provided to companies. This year they were increased to individuals. However, there was a need for the company to not get loans. "Because of the bank’s efforts, if there are financial problems, The bank didn't look at the application, and it didn't help. If there was a problem with the plan, every individual would provide a government guarantee with the bank."
The listener Mr. Su said that there are unemployed relatives with loans, interest repayment in the first 12 months, interest rate increase in 13 months, the first year cap is 80,000, and the actual collection may not be 80,000. It is known that the epidemic may not fully recover this year or the next year. If you fail, you will have to pay the money in the first year and pay the interest in the second year. You may not be able to pay."
The listener, Mr. Li, pointed out that he was fired in February last year. He was unemployed since March and has been a freelancer. If a freelancer can apply, how can I decide?
He also pointed out whether it would be more convenient for consumer coupons to be provided in supermarkets every month?
Chen Maobo pointed out that a 100% guarantee requires interest in the first year, and the monthly interest is less than 70 yuan. If there is a need to borrow first and then repay the interest, this is a promise, 80,000 yuan for 5 years, that is, if 1,350 yuan a month, the economy will It should start to improve in the middle of the year, and recovery will take time; the 100% plan for small and medium-sized enterprises to be launched early last year, no one can predict that the epidemic will develop severely globally. At the beginning, the rent was increased manually for 6 months. Later, the situation changed and the quota was increased and the repayment was extended. Period, there is need to adjust.
The audience member Mr. Chen said that he lived in public housing, "But rent-free for two months is not good. One month is good. Public housing is very difficult and under-employed; but 80,000 can not be applied for, because the property has been broken, and it is troublesome; The government is calling for CSSA, and Hong Kong people will do everything with CSSA and have mothers and daughters."
Chen Maobo pointed out that the financial situation of public housing rents this year cannot be paid on behalf of everyone this year, and there are voices that public housing is already a large subsidy, how to take care of other things with limited resources, Mr. Chen understands the situation, and the current WFA has been relaxed; there are also recommendations.
Value-added plan.
A loan of 80,000 yuan, I believe that if there is work to do, everyone will try their best to pay back. There is a bad debt "not surprising", but the public chooses; consumer vouchers are not real-named, and the caregiver can purchase goods on their behalf; the economic environment affects the world. The short-term study judges that the opportunity for price increases is not high.
[08:36] Has there been a structural fiscal deficit?
Chen Maobo pointed out that in the past, the government's recurrent expenditures accelerated, to a certain extent, such as the hospital's ten-year plan. Afterwards, we must be more cautious to ensure that the increase is commensurate with income.
It is expected that there will be a recession in the next two years. This year’s economic growth will be 3.5 to 5.5%. This year’s profits tax will be low. It will not catch up next year. Expenditure will be cautious and increase revenue. At present, new sources of income need to be explored. Whether there will be a structural deficit depends on the government’s attitude. What measures are there other than throttling.
It is estimated that the deficit will be 140 billion during the deep recession, and then it will be reduced to more than 20 billion. "The reduction is already painful to everyone, and there is room for adjustment." It is expected that there will be catch-up growth next year and recovery in the second half of the year.
The program host asked whether the unemployment loan can be borrowed up to 80,000 yuan. Is it expected to have the ability and confidence to push forward? Is the economy expected to recover quickly? Chen Maobo pointed out that the difficulties are short-lived. On the one hand, the recovery momentum is good in the second half of this year, and the mainland is stable. European and American countries have experienced a strain on vaccination following the epidemic, and the economy will improve in the second half of the year.
In addition, the Financial Secretary also estimated that the economy will grow by 3.3% in the future. Scholars say that the Secretary is optimistic that the ageing workforce is peaking, and spending may not stop. Is there a countermeasure?
Chen Maobo pointed out that different income-increasing measures must be cautious and the society must discuss. This time stamp duty is increased, salaries will be increased, and the increase of 1% will increase 10 billion yuan. Do, don’t live this year.”
Why does the economic environment freeze the establishment of civil servants instead of setting an example for recruitment?
Zero growth can be outsourced to push the economy, and the establishment of social voices will increase rapidly. It is necessary to overcome the difficulties with the society and save money, which is more responsible than social observation.
▼Budget 2021 Benefits Measures Lazy Package▼
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[08:15] The listener Mr. Leung commented on the budget "off the ground". He pointed out that he wanted shops to charge electronically. It would cost money to install Octopus machines in the market. , I want to die. You don’t eat fireworks!"
The audience member Ms. Huang pointed out that the consumer vouchers will not be available until July, and many people cannot pay the rent and have no food. It is difficult to wait until July. "It’s not until July to die of starvation." But the administrative fee is more than 5,000 yuan.
The audience pointed out that many Hong Kong people work across the border, and relevant people cannot use consumer vouchers. Can they use it to purchase local goods in the Mainland?
They also questioned why the National Security Law used 8 billion yuan.
Chen Maobo pointed out that half of the CSSA living allowance for the elderly is expected to be understood. The tax rebate or other scales have to be reduced. The consumption vouchers are difficult to live and eat. It is very important to use them in the market. There is no problem in the market. Liang Sheng said that there are no octopus in the market. Octopus will help you deal with it; as for the mainland, if you help local online shopping, consumer coupons can be used.
Borrowing is one more option. It is only an option for the unemployed if they need it. In case of need, how many choices are there. It is a supplementary option. Consider whether it is used or not. It is not a substitute for temporary short-term unemployment assistance.
Why not provide unemployment assistance? Secretary Luo Zhiguang has mentioned many times and will not mention it again.
As for the 8 billion yuan provided by the National Security Law for many years, a written report will be submitted to the Legislative Council.
National security expenditures are kept confidential by all countries. In December last year, 8 billion special funds were allocated. The online accounts were published in early February. No more funds are required for 2021.
The listener, Ms. Li, pointed out that about the 5,000 yuan consumer voucher, the daily expenses of the unemployed are buying food for the market. "Every day I use money to buy food for the market. Many people are in the market. There is really no Octopus. I live in Tuen Mun. , I bought 10 mosquitoes and 3 vegetable shops, so basic. The director may not know the life of the grassroots."
The audience Mr. Zhang pointed out that Chen Maobo once said that the tax base could not be expanded. Why did you not introduce a property vacancy tax. Now that many units are turned off, can you consider? Regarding the budget, Mr. Zhang said: "I don’t know if the team is touching you. Whole cake Amao, feel for yourself!"
Chen Maobo pointed out that the living conditions of the aircraft-level citizens are "good experience". The anti-epidemic fund will follow up on the implementation of the anti-epidemic fund in the future. I hope that after paying 5,000 yuan, it can be used at a time and can be used for daily consumption; There are many regulations in the work schedule due to many laws that have not been drained." The elderly will follow up whether they can use consumer vouchers in the Mainland.
[08:00] The program host asked whether it is appropriate to reduce sweetness. Chen Maobo said that he understands the economic recession and the people are under great pressure. He understands that there will be a deficit of more than 250 billion in 2021, and a deficit of over 100 billion this year.
Rent-free public housing has been abolished because public housing is already a large resource of government subsidy, and CSSA also has a helping hand. The only option is to eat and eat without paying rent.
Last year, 10,000 yuan was distributed, and 5,000 consumption coupons were set up this year. However, the procedures were troublesome a year ago, but this year's time is timely. Why is it different?
Chen Maobo pointed out that last year, there were no consumer coupons for sending 10,000 questions. Last year, there were serious opinions. Last year, I hoped to send the money as soon as possible, so the bank sent the fastest. "It was announced in February that the delivery in June was slow, so it must be convenient. Risk reduction".
I see that the economy is bad now, so I listened to opinions and researches. SMEs are hurting and the retail restaurants are bad. I hope to do business. It is divided into several months, once a month, and every month is in a local business. The boost effect is 0.7%.
How to prevent abuse?
When launching, we will try our best to consider carefully and carefully consider using opinions; for the elderly without smart phones, Octopus will consider it. The most widely used stored-value tool will definitely be considered, but we hope that the public will have a choice.
It can boost the economy by 0.7%. It takes a lot of money, and it costs 1,000 per month. "Many small and medium-sized enterprises are very hungry in the retail industry."
Budget・Overview｜Financial deficit expected to reach 101.6 billion tax refund, 100% cap, 10,000 plus vehicle license plate fee
Budget｜Rates reductions, public housing, no rent-free quarters 3 and 4, only 4 adults free of rates
Budget | 100% reduction in tax rebate, ceiling of 10,000 yuan and 290,000 people will have to pay taxes again
Budget ｜Sweet sugar has shrunk and the tax rebate ceiling is reduced. The 01 tax calculator calculates how much you save
Budget | A record deficit of 257.6 billion this year, expected to continue to "see red" in the next five years
▼The government's launch of electronic consumer coupons can stimulate the consumer market▼
The Budget｜One article to see clearly the application conditions, eligible citizens, and applicable merchants of consumer electronic vouchers
Budget｜Why don't you send money when you transfer consumer electronic vouchers?
Government News: Hope to stimulate consumption
Budget │Electronic consumer vouchers are only limited to two types of residents. Can they benefit if they are overseas?
Budget | 5000 yuan electronic consumer vouchers will be issued in 5 installments. The materials can be issued by Octopus and PayMe
▼Group demonstrations demand that all people distribute money▼
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Budget | This year's "beef jerky" fines close to 900 million, a new high, expected to break 1 billion next year
Budget | The industry points out that there are Tesla cars in the low-cost electric car market that are exempt from registration tax
Budget | Roadmap for the popularization of electric vehicles will be promoted to stop new registration of petrol vehicles by 2035 at the latest
Budget │Private car first registration tax increased by 15%, license fee increased by 30%
Budget 2021 | 15 billion push 100% secured personal loan article to see the eligibility for application
Budget | Guaranteed to borrow 80,000 to save the unemployed, restaurant manager on credit for one year, to rely on government debt
▼The first registration tax rate for private cars is increased by 15%▼
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Budget | This year's "beef jerky" fines close to 900 million, a new high, expected to break 1 billion next year
Budget | The industry points out that there are Tesla cars in the low-cost electric car market that are exempt from registration tax
The Budget｜Potential Lottery Fund to Reduce Lottery Lottery Due to the Epidemic to See Red for Three Consecutive Years
Budget | Housing Department expects next year's expenditure to nearly triple, involving additional posts and pushing rent allowances
The Budget｜One article to see clearly the application conditions, eligible citizens, and applicable merchants of consumer electronic vouchers
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Budget 2021 Budget Chen Maobo Electronic Consumer Vouchers I Home 01 Video