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  • August 20, 2014
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  1. News - Hong Kong - SOCIETY

    Civic Party presses for retirement plan it says government report ignored

    Posted Aug 08th 2014, 05:28am by Jennifer Ngo

    ... Jennifer Ngo jennifer.ngo@scmp.com They say universal pension idea excluded from government analysis is sustainable and valid Civic Party presses for its retirement plan No extra taxes ... rules, which would mean they are not universal. Or they may require new or increased taxes, or further contributions from employees or employers in addition to current MPF contributions. Most ...

    http://www.scmp.com/news/hong-kong/article/1568558/civic-party-presses-retirement-plan-it-says-government-report-ignored
  2. News - Hong Kong - SOCIETY

    Crunch time for new pension plan, says Professor Nelson Chow

    Posted Jun 30th 2014, 05:06am by LO WEI

    ... either by the government, employer and employee contributions, or through higher taxes. "In the end, the Hong Kong people will have to decide whether they are willing to pay. If people ...

    http://www.scmp.com/news/hong-kong/article/1543209/crunch-time-new-pension-plan-says-professor-nelson-chow
  3. News - Hong Kong - SOCIETY

    Plan for flat-rate monthly pension for all over-65s is proposed

    Posted May 27th 2014, 04:22am by NG KANG-CHUNG, Johnny Tam

    ... Ng Kang-chung and Johnny Tam Higher taxes may be needed for proposal that would replace old-age allowances, but not CSSA Plan for flat-rate monthly pensions for all over-65s Everyone would ... social work professor has hinted that higher taxes may be needed to pay for the pensions. Chow was commissioned last year to look into various proposals, amid mounting public calls ...

    http://www.scmp.com/news/hong-kong/article/1519826/flat-rate-monthly-pensions-all-over-65s-proposed
  4. News - Hong Kong - SOCIETY

    Age before duty: more tax may follow rise in elderly

    Posted Jun 12th 2013, 12:00am by Tony Cheung

    ... Tony Cheung tony.cheung@scmp.com Age before duty: more tax may follow rise in elderly Hongkongers may need to pay higher taxes to fund services for the city's fast-growing elderly ... Fiscal Planning was announced yesterday, along with four government experts. Wong, a senior tax adviser at PricewaterhouseCoopers Hong Kong, said the group would go beyond previous studies ...

    http://www.scmp.com/news/hong-kong/article/1258655/age-duty-more-tax-may-follow-rise-elderly
  5. News - World - SOCIETY

    Russian expat's London wine shop caters to rich

    Posted Dec 29th 2013, 05:21am by The Guardian

    ... They have paid taxes, when they made big, big deals "They are perfectionists in their life. They can spend their money, and do nice things for themselves." ...

    http://www.scmp.com/news/world/article/1391986/russian-expats-london-wine-shop-caters-rich
  6. News - Hong Kong - SOCIETY

    Businessman Jong Lee makes the solution suit the need

    Posted Nov 25th 2013, 04:52pm by Annemarie Evans

    ... of “caring capitalists” in the city, and with the tax regime, he says, there’s really no excuse. He feels businesses should be doing far more to be care for the community and its workers, while still ...

    http://www.scmp.com/news/hong-kong/article/1365315/businessman-jong-lee-makes-solution-suit-need
  7. News - Hong Kong - SOCIETY

    Public consultation on ageing population slammed by experts

    Posted Oct 25th 2013, 03:26am by Olga Wong, Ada Lee and Jennifer Ngo

    ... to 59 and 240,200 retirees aged 50 to 64. Lam said the government was open to any family-friendly measures, including the use of subsidies and tax incentives to encourage more births. But she warned: "We have to be mindful of the measures' effectiveness while injecting a huge amount of resources, if the city is to keep a low-tax environment. Is encouraging a more flexible ...

    http://www.scmp.com/news/hong-kong/article/1339154/public-consultation-ageing-population-slammed-experts
  8. News - Hong Kong - SOCIETY

    Thumbs down to cash handouts

    Posted Sep 13th 2013, 12:00am by Johnny Tam

    ... be given to lowincome families." Professor Chou Kee-lee, of the Institute of Education's Department of Asian and Policy Studies, thought the government should consider raising taxes ... the poor through in-kind benefits, such as public housing and education." The survey also revealed that 45 per cent of the respondents believed the income tax rate for high-earners was too ...

    http://www.scmp.com/news/hong-kong/article/1308881/thumbs-down-cash-handouts
  9. News - World - SOCIETY

    Danes still world's happiest people

    Posted Nov 12th 2013, 05:13am by AFP

    ... “There is a high degree of financial security. If we lose our jobs we get support, when we fall ill we can go to the hospital, and so on,” he added. Denmark has some of the highest taxes ...

    http://www.scmp.com/news/world/article/1354011/danes-still-worlds-happiest-people
  10. News - Hong Kong - SOCIETY

    Sutherland’s passion – to solve the problem of poverty

    Posted Sep 29th 2013, 04:08pm by Olivia Rosenman

    ... a taxation complication that might otherwise act as a disincentive. If a US citizen based in Hong Kong wants to make a charitable donation, the US system requires tax be paid on this. Friends of Hong Kong Charities is a dual-registered charity that Sutherland created “so that an American citizen that is paying taxes in two countries can get a deduction in both countries if he makes ...

    http://www.scmp.com/news/hong-kong/article/1320612/sutherlands-passion-solve-problem-poverty

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