【Financial Budget 2023/Electronic Consumer Coupons/Pay Sugar/Chen Maobo/Tax Reduction and Tax Reduction/Rate Reduction/Tax Exemption】Financial Secretary Chen Maobo announced a new budget today (22nd), which mentioned the following The annual plan is to issue no less than 50 billion yuan of silver bonds and 15 billion yuan of green bonds.
Financial Secretary Chen Maobo said that the government will continue to develop the retail bond market through a multi-pronged approach. It plans to issue no less than 50 billion yuan of silver bonds and 15 billion yuan of green retail bonds in the next year. While promoting market development, it will provide returns for the public Stable investment option.
In addition, the government plans to provide MPF scheme members with one more investment option.
Chen Maobo said that there are currently more than 4 million members of the MPF scheme, and the society has obvious demands for MPF funds with stable returns and low handling fees.
Chen Maobo has instructed the Hong Kong Monetary Authority and the Mandatory Provident Fund Scheme Authority to conduct research on this, and plans to allocate a certain percentage of the green bonds and infrastructure bonds issued by the government in the future for priority investment in MPF funds as a first step.
▼▼Financial budget.
Citizens pay attention to redistribution of consumer coupons and how to promote tourism▼
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Budget ‧ Latest｜Distribute 5,000 yuan of consumer coupons this year, the first phase of 3,000 yuan will be released in April Budget｜SME Financing Guarantee Scheme will be extended to the end of March next year to increase support for the tourism industry Budget｜"Hong Kong version of Temasek" starts operation and is looking for Budget for high-quality partners｜Proposed to issue 50 billion silver bonds and 15 billion green bonds in the next year to research MPF priority investment budget｜Two quarters of rates will be reduced by 1,000 yuan per household to restart investment immigration.
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What tax cuts are in the new Budget?
Financial Secretary Chen Maobo announced that the salaries tax and personal income tax for the year of assessment 2022/23 will be reduced by 100%, with a ceiling of $6,000.
What other measures to distribute sugar to benefit the people in the new budget?
In addition to reducing the 100% salaries tax and personal income tax for the 2022/23 tax year, the Hong Kong government will distribute $5,000 electronic consumer coupons to eligible citizens and reduce the rates for the first two quarters of 2023/24. Residential properties With a cap of $1,000 per household per quarter, and the extension of the "Public Transport Fare Subsidy Scheme" until October this year, etc.
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