On 9 March 2018, Hong Kong gazetted the Inland Revenue (Amendment) Bill 2018, which includes certain concessionary revenue measures proposed in the 2018-19 Budget (previous coverage). These are mainly limited to individual tax measures, including new bands and rates for salaries tax, increased dependent allowances, a 75% tax reduction capped at HKD 30,000, and other changes.
According to a government release announcing the Bill, it will be introduced into the Legislative Council for approval on 21 March 2018.
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