Tax and budget

Articles: tax and budget

Webb on "Backchat" re Budget
RTHK, 29-Feb-08

The Housing Lark
Why does the HK Government continue prosecuting civil servants and educators for maximising their remuneration by claiming rental allowances which, if they didn't own the property, they would be entitled to anyway? Surely people should be paid what they are worth to an employer, not based on what they own. We also look at the tax loophole which incentivises rental allowances in the first place. (9-Dec-06)

Tax Benefits
One big tax loophole that the Government left open in today's budget is the Housing Loophole - as a result, Hong Kong taxes people not on the basis of how much they are paid, but how they are paid. A person who would otherwise reach the top rate of 16% can cut that to just 6.87%, with the employer's co-operation. We take you through the numbers. (10-Mar-04)