salaries tax

English Articles | Tax

How does the “wealth tax” affect you? If you are one of them, how should you deal with it?

The Hong Kong terms “emperor of working” refers to highly paid employees whose income surpasses that of many employers. One of the tax measures in the latest budget proposal is the implementation of a two-tier tax rate system for salaries and personal income tax starting from the 2024/25 tax year.

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Business | English Articles

Tips for doing business in a Post-Pandemic Era

Businesses face difficulties in coping with the harsh economic winter. The number of citizens and tourists consuming goods and services in Hong Kong has decreased, and the government’s relief measures in response to the pandemic are no longer available. Additionally, tax incentives have been reduced. Surviving in business has always been more challenging than starting one, especially during an economic downturn.

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