Hong Kong has been a bit lively these two days. The focus of the previous few days was the opening of the new crown vaccine on the first day. The 19 vaccination centers were full of appointments:
But yesterday, The focus of Hong Kong is on a man, he:
That’s right, Hong Kong’s Financial Secretary Chen Maobo, known as the "Treasurer".
Yesterday (24th) was the day when the latest fiscal year (2021/2022) was released. This is about how Hong Kong will spend money in the next year? And what new benefits do Hong Kong citizens have? Naturally attracts attention!
Every year, the government is very particular about the color of the cover.
This year I used the green color which represents hope for the future Hong Kong economy.
Of course, as one of the international financial centers, Hong Kong has sufficient strength to support economic recovery. image
"Treasurer" Chen Maobo said that the budget will invest a total of more than 120 billion Hong Kong dollars to< strong>"Support enterprises, ensure employment, revitalize the economy, and relieve people’s poverty".
What kind of sugar will Hong Kong budget this year? Understand in one article~
01
personal sugar distribution measures
● To each eligible Hong Kong permanent residents and new arrivals aged 18 or above, A total of HK$5,000 electronic consumer vouchers will be issued in installments.
● Concessions100% salaries tax and personal assessment, upper limitHK$10,000.
● Relief Annual rates for residential properties, each quarter for each household in the first two quarters< span style="color: rgb(192, 0, 0);">HK$1,500 is the upper limit, and each of the next two seasonsHK$1,000 is the upper limit.
● Provide 1,000 HKD electricity subsidy for each eligible residential electricity user account.
● To eligible persons receiving social security payments, the amount equivalent to half a month’s CSSA standard amount, old age allowance, and the elderly Similar arrangements will be made for living allowance or disability allowance; working family allowance and individual-applied unit encouragement transportation allowance.
● pay examination fees for school candidates taking the 2022 Hong Kong Diploma of Secondary Education Examination.
● Set up the "100% Guaranteed Personal Preferential Loan Program" with a half-year application period, and the applicant’s loan amount The upper limit is 6 times the average monthly income during the period of employment, with 80,000 Hong Kong dollars is the upper limit. Only interest is required for the first year. After that, the principal and interest can be repaid in up to 5 years. The annual interest rate is fixed at 1% span>. If the payment is made in full on time, the interest paid will be refunded in full.
● Set aside HK$1 billion to subsidize more than 3,000 old buildings with low rates of value Owners, carry out drainage pipe maintenance or upgrading works.
02
Corporate support measures
● Extend the application time limit to the end of the year for 100% special guarantee products; increase each enterpriseMaximum loan amount, increased from the sum of employee salary and rent for 12 months to 18 months, the upper limit increased from < strong>5 million yuan to 6 million yuan; the longest repayment period is changed from 5 years extended to 8 years.
● Increase the "interest but not principal" arrangement from the longest 12 months to 18 months.
● 9.8 billion support enterprises, a 100% reduction in profits tax, capped at 10,000 Hong Kong dollars.
● Waiver of this year’s business registration fee, benefiting 1.5 million business operators.
● Concessions The rates for non-residential properties this year will be calculated on a quarterly basis per household for the first two quarters.HK$5,000 is the upper limit, and the next two seasons are HK$2,000 is the upper limit.
● Starting from April this year, 75% of the water and sewage charges payable by non-residential users will be reduced, with the monthly caps of each household being 20,000 yuan and 12,500 Hong Kong dollars for a period of 8 months.
● Starting from April this year, continued concessions are now applicable to eligible tenants of government properties and the Lands Department 75% rent and expenses of eligible short-term leases and waivers for a period of < span style="color: rgb(192, 0, 0);">6 months.
● Tenants who need to close their premises at the request of the government can continue to receive full rent relief during the closure period .
03
other Measures details
● The government continued to promote iBond and silver bonds, and the subscription age for silver bonds was reduced to 60 years old for 24 billion yuan.
● More than 900 million yuan has been invested to revitalize tourism and continue to develop local green tourism.
● The government will allocate additional funds for 6.6 billion yuan to create contract 30,000no more than 12 months Time-limited position.
● For the super detailed content, please see the following "Government Budget Summary", the content is longer, you can bookmark it before reading Oh~
source | GOVHK, Hong Kong 01, hket and other Hong Kong media
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