The Financial Secretary announced the 2019/20 HK Budget on 27 February 2019, outlining the government’s plan for the economy and proposals for changes to taxation. To keep you ahead of change, our subject-matter experts share their insights on how it impacts you as a business, an industry and an individual.
This year’s Budget signals the start of what may be a 2-3 year period of legislative consolidation.
The information in this booklet is based on taxation laws and practices as of 27 February 2019 and incorporates legislative proposals and measures contained in the 2019/20 Hong Kong Budget announced on the same date.
Note: Legislative proposals do not become law until their enactment and may be modified by the Legislative Council before being enacted.