Summary Budget at a glance
Estimated consolidated surplus of HK$2.9 billion for 2025/26 and forecast consolidated surplus HK$22.1 billion for 2026/27
Review and enhance tax arrangements for research and development expenditures
Expand the definition of ‘fund’ to include specific funds‑of‑one and broaden the qualifying investment list to cover precious metals and other specified commodities under tax concessions for investment funds and family offices
Provide additional tax incentives to Corporate Treasury Centres and their associates, and introduce a pre-approval mechanism
Explore tax incentives for institutions conducting gold trading and settlement in Hong Kong
Establish an Advisory Committee on Tax Policy to gather stakeholder views and ensure tax policies effectively support Hong Kong’s economic development
Establish the Committee on AI+ and Industry Development Strategy empowering AI for transformation of industries
Empower public services through AI with HK$100 million to accelerate Government digital transformation with leading technologies
Leverage tripartite co-operation between the Government, developers and tech enterprises in the Northern Metropolis to channel land and corporate resources for industrial development and unleash land potential
Inject HK$10 billion to accelerate land development, provide infrastructure, establish venture fund, etc. of the Hetao Co-operation Zone Hong Kong Park
Establish digital asset platform to support issuance and settlement of digital bonds, gradually extending to other digital assets and linked with other tokenisation platforms in the region
Issue HK$160 to HK$220 billion in bonds annually from 2026-27 to 2030-31, with about half used to refinance short-term debts
Viewpoints PwC’s response to the Budget
Viewpoints from tax leaders
Hear the viewpoints of our tax leaders on what stood out for them in this year’s Budget and what it means for businesses.
Viewpoints from industry leaders
Check out viewpoints from our industry leaders on public sector, AI and public finance.
Measures Budget highlights
This highlight includes profits tax, salaries tax, stamp duty, proposed one-off measures and other key proposals.
Practical guide 2026/27 Tax facts and figures
The information in this booklet is based on taxation laws and practices as of 25 February 2026 and incorporates legislative proposals and measures contained in the 2026/27 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.
Get notified about Hong Kong Budget
Subscribe to our tax insights and events
Looking back at 2026/27 Pre-Budget
Our forecasts and recommendations for this year’s Budget
Talk to our professionals
Contact us
Follow us
