Tax Concession under Salaries Tax and Personal Assessment - Hong Kong
In the 2009-10 Budget delivered on 25 February 2009, the Financial Secretary proposed a one-off reduction of 50 % of the 2008-09 final tax in respect of salaries tax and tax under personal assessment, subject to a ceiling of $6,000. On 26 May 2009, the Financial Secretary proposed to increase the one-off reduction for the 2008-09 salaries tax and tax under personal assessment to 100%, subject to a revised ceiling of $8,000. See Implementation Details of the One-off reduction for details.