Our commentary and analysis
What's the best way to help Hong Kong's middle class?
Jeremy Choi, Tax Partner, PwC Hong Kong
As in some previous budgets, there has been a temporary reduction in salaries tax and property rates have been waived for four quarters. In addition, the tax reduction period for home loan interest has been extended from 15 to 20 years. The latter measure could be seen as encouraging a housing market which is already quite buoyant enough, or as enhancing the income of people who are into the later stages of paying down their mortgage debt. Arguably the salaries tax reduction is the more direct way to return cash to taxpayers, particularly the younger, less well-off ones who still aspire to be home owners.
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PwC believes the Budget encompasses pillar industries, the public sector and a raft of initiatives to support business.
Agnes Wong, Tax Partner, PwC Hong Kong
Fintech - how to position Hong Kong on the global Fintech map?
Henri Arslanian, FinTech & RegTech Lead, PwC China and Hong Kong
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Research and development - what should be the focus for Hong Kong this year and next?
Huw Andrews, Consulting Partner, PwC Hong Kong
A smart city - how it can help businesses and industries in Hong Kong
Stephen Woolley, Consulting Partner, PwC Hong Kong
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PwC predicts consolidated government surplus to hit HK$70.1 billion
KK So, Tax Partner, PwC Hong Kong
Initiatives to transform Hong Kong into a "Smart City"
Agnes Wong, Tax Partner, PwC Hong Kong
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