Source:
https://scmp.com/article/202755/future-tax-cuts-possible-if-surplus-holds

Future tax cuts possible 'if surplus holds'

Tax cuts might be considered if there was a continued substantial government surplus, an SAR official said yesterday.

Secretary for Treasury Kwong Ki-chi said: 'If we anticipate a continued substantial surplus in future years, one way of dealing with it is to consider returning part of that to the community in the form of a concession in revenue.' The total financial reserves, including the Land Fund, stand at $382 billion.