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Results 1 - 10 of 14 for 15 per cent stamp duty

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  1. News - Hong Kong - ECONOMY

    Bumper year in 2012-13 as tax revenue hits record HK$242b

    Posted May 03rd 2013, 12:00am by Dennis Chong

    ... Property tax rose 16 per cent to HK$2.3 billion- another record. Chu expected tax revenue to increase further in the current financial year despite a drop in stamp duty as a result of the government's attempts to cool the overheated property market. In 2010 the government imposed an additional special stamp duty of 15 per cent on homes sold within six months of purchase; 10 per cent ...

    http://www.scmp.com/news/hong-kong/article/1228740/bumper-year-2012-13-tax-revenue-hits-record-hk242-billion
  2. Business - Economy - ECONOMY

    Latest US easing prompts HKMA inflation warning

    Posted Dec 14th 2012, 12:00am by Peggy Sito

    ... further, the buyers can't overcome the impact" of the buyer's stamp duty of 15 per cent that was imposed on non-permanent residents and corporate buyers. It had cut demand ... continues to flow in, UBS expects the Hang Seng Index to rise at least 10 per cent next year. The index is up 22 per cent so far this year. Before the Fed announcement, Hong Kong stocks rose ...

    http://www.scmp.com/business/economy/article/1104934/latest-us-easing-prompts-hkma-inflation-warning
  3. News - Hong Kong - ECONOMY

    Finance chief John Tsang shrugs off Hong Kong's competitiveness rating fall

    Posted Jun 04th 2013, 12:00am by Joyce Ng

    ... increase 1.5 to 3.5 per cent this year. The report issued by the Swiss research institute said Hong Kong had been overtaken by the United States and Switzerland. It had performed worse in all ... in the region, he said, with an unemployment rate of just 3.5 per cent and a 2 per cent rise, after inflation, in the median household income. Lawmakers said high rents would continue to affect Hong ...

    http://www.scmp.com/news/hong-kong/article/1252779/finance-chief-john-tsang-shrugs-hong-kongs-competitiveness-rating
  4. News - Hong Kong - ECONOMY

    Hong Kong’s economic growth in first quarter slowest since 2012

    Posted May 16th 2014, 06:35pm by Amy Nip

    ... of bad weather. Exports of goods to the United States, which was troubled by snowstorms, fell 2 per cent in the first two months. But they bounced back to 15.8 per cent growth in March. Chan ... Amy Nip amy.nip@scmp.com Snowstorms in US caused drop in exports in first two months of the year Growth slows to 2.5pc but likely to pick up Economic growth slowed to 2.5 per cent ...

    http://www.scmp.com/news/hong-kong/article/1513575/hong-kongs-economic-growth-first-quarter-slowest-2012
  5. News - Hong Kong - ECONOMY

    Hongkongers' median income grew only 10pc in last decade

    Posted Jan 11th 2013, 12:00am by Phila Siu

    ... not take inflation into account. Women's incomes went up 10 per cent, from HK$10,000 to HK$11,000. Even more surprising is that the median income for men and women aged 15 to 24 remained ... Phila Siu phila.siu@scmp.com City's median wage goes up by only 10 per cent between 2001 and 2011, with income of young adults unchanged in period of rocketing costs Pay outpaced ...

    http://www.scmp.com/news/hong-kong/article/1125083/hongkongers-median-income-grew-only-10-pc-last-decade
  6. News - Hong Kong - ECONOMY

    Change accounting rules to keep land revenue windfalls separate, urges government adviser

    Posted Jan 17th 2014, 04:14am by Olga Wong

    ... expenditure. With the public better informed, Liu argues, political pressure to offer "unnecessary" handouts will be weaker. Land revenue, which will make up about 15 per cent of government ... equivalent to 7 per cent of total recurrent expenditure for this year. With Leung focusing his spending on poverty alleviation, Tsang is facing pressure to help the middle class when he reveals his ...

    http://www.scmp.com/news/hong-kong/article/1407216/government-adviser-suggests-land-revenue-windfalls-be-kept-separate
  7. News - Hong Kong - ECONOMY

    Good news on growth for city's finances

    Posted Aug 17th 2013, 12:00am by Tony Cheung

    ... growth is now expected to be 2.5 to 3.5 per cent, revised from the original forecast of 1.5 to 3.5 per cent. We are of the view that Hong Kong's economic growth this year is likely to lie within the upper half of the previously announced range forecast The full-year inflation forecast was also lowered from 4.2 per cent to 4 per cent, the government announced yesterday. The updated ...

    http://www.scmp.com/news/hong-kong/article/1297284/good-news-growth-citys-finances
  8. News - China - ECONOMY

    Parallel traders shrug off 15-day border crackdown

    Posted May 30th 2014, 03:57am by He Huifeng

    ... in her 30s. "Business is quite good. I often have no time even to go to the toilet." Traders typically mark up their goods 10-20 per cent higher than pharmacies in Hong Kong, ... with goods. Now the authorities are fighting back with a 15-day campaign that started on Tuesday to crack down on the illegal trade. The traders say the move is futile- they vastly outnumber officials ...

    http://www.scmp.com/news/china/article/1521204/parallel-traders-shrug-15-day-border-crackdown
  9. News - Hong Kong - ECONOMY

    Deloitte China forecasts HK$50.3 billion fiscal surplus

    Posted Jan 28th 2014, 12:49pm by Tony Cheung

    ... They include sweeteners for the middle class, such as waiving 75 per cent of the salaries tax- subject to a HK$12,000 ceiling- as well as stamp duty deductions for those buying a home for the first ... as increasing child and dependent-parent allowances by about 10 per cent, to HK$77,000 and HK$42,000, respectively. To ease the burden on homeowners and tenants, the firm suggested that besides tax ...

    http://www.scmp.com/news/hong-kong/article/1415657/deloitte-china-forecasts-hk503-billion-fiscal-surplus
  10. News - Business - ECONOMY

    Swire Pacific eyes property expansion across region, says chairman

    Posted Apr 29th 2013, 12:00am by Keith Wallis

    ... high hopes of Cathay Pacific's ties with shareholder Air China, which he felt would define this decade for the airline. Pratt said measures such as the doubling of stamp duty and a law ... constrained; money is still historically cheap. In the absence of the increases in stamp duty who knows where the market would be?" Swire Properties was seeing "good retail demand in its ...

    http://www.scmp.com/news/article/1225530/swire-pacific-eyes-property-expansion-across-region-says-chairman

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