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  1. New Shenzhen zone offers cut-price income tax

    Posted Sep 18th 2011, 12:00am

    ... 'The unification of personal income tax is a necessary step, but we also want Qianhai to adopt the spirit of our legal system. So far we haven't seen any breakthrough,' he said. ... Minnie Chan minnie.chan@scmp.com Hong Kong and overseas professionals working in Shenzhen's Qianhai special development zone will only have to pay income tax at Hong Kong rates, ...

  2. Letters

    Posted Sep 26th 2011, 12:00am

    ... Tax sales to beat offshore profit havens Sally Tang Mei-ching of the League of Social Democrats ('Rich must pay higher tax rate', September 21) is in alignment with US President ... haven for tycoons and large companies. In fact, many Hong Kong firms have subsidiaries in offshore havens such as the British Virgin Islands, where there is no profits tax and no capital gains, ...

  3. Hotels applaud move to waive tax

    Posted Feb 28th 2008, 12:00am by Paggie Leung

    ... Paggie Leung The tourism sector has applauded the decision to waive the tax on hotel accommodation, a move that will strengthen the city's image as a duty-free haven. '[Although] the tax rate is just 3 per cent, not 30 per cent, the abolition will be symbolic because it will give foreigners a better impression of Hong Kong,' Michael Li Hon-sing, executive director ...

  4. Business - Economy - JAKE'S VIEW

    Hong Kong doesn't need Morlocks from the Delta to fix labour woes

    Posted Feb 24th 2014, 03:51pm by Jake Van Der Kamp

    ... of subhumans, the Morlocks, who lived underground in the dark to serve their master race, the Eloi. Except, of course, that they also ate the Eloi. We haven't got quite that far yet in relations ... the manufacturing investment has come from abroad, seeking to take advantage of easy taxes, laid-on facilities, an excellent laid-on port and lots of foreign labour that makes no trouble or will get much ...

  5. Public sector the safe haven

    Posted Nov 12th 2010, 12:00am by Wilson Lau

    ... Wilson Lau In uncertain times, it seems the best boss is still the mother of all employers: government and the public sector. In the case of Hong Kong, working with those who move money around is not bad either. An annual survey by the University Grants C ...

  6. Hong Kong a safe haven for followers

    Posted Apr 30th 2007, 12:00am by Staff Reporter

    ... Traditional Chinese temples, mosques and medieval churches dot the city, providing followers of different religions a safe haven to practise their beliefs. ...

  7. A five-star haven to call home

    Posted Jul 06th 2005, 12:00am by Reggie Ho

    ... are an extension of their homes,' Mr Morrison said. Over the years the club has been a 'comfortable haven' to Americans visiting or living here, especially in earlier years when the divide ...

  8. Sewing the seeds for a profitable future

    Posted Apr 19th 2008, 12:00am by Staff Reporter

    ... and Apparel Committee of the American Chamber of Commerce. 'Every 1per cent reduction in the VAT [Value Added Tax] rebate takes another few million off the bottom line,' he added. ... Cheh, who recently met with commerce officials in Beijing, the pressures haven't gone unnoticed. 'In China, the textile garment industry employs no less than 20 million people. Think ...

  9. Have your say

    Posted Sep 05th 2006, 12:00am by Staff Reporter

    ... New tax will hurt poor people, tourism There are many disadvantages to the introduction of a goods and services tax (GST). The government is hoping the GST will increase its revenue. Faced with an ageing population, the authorities are expecting a reduced income from salaries tax. This is not a valid reason to implement the GST. If the new tax is introduced, everybody, especially poor ...

  10. Expats love low tax, easy life in HK

    Posted Jun 02nd 2012, 12:00am

    ... to relocate. This is something Hong Kong can provide many people. 'Salaries in Hong Kong are comparable to other major financial and business centres,' says Walker. 'And lower taxes give ...




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