Public Finance | South China Morning Post
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Public Finance

Prudent Hong Kong has earned the right to vote

It is intriguing to think that what our legislators will do over the next few weeks is derived directly from an event that took place nearly 800 years ago on the banks of the River Thames in England.

Monday, 6 February, 2012, 12:00am

Who wants a broader base?

The HK$80 billion of largesse announced by Financial Secretary John Tsang Chun-wah in what was seen as his swansong budget on Wednesday, has triggered a fresh debate about whether Hong Kong needs to broaden its tax base.

3 Feb 2012 - 12:00am

Vanquish the blues with hard work and optimism

After graduation, Veronica Lee Wing-men (left) joined Ernst & Young as a staff accountant in the audit department. Through the firm's rotation programme, Lee had a chance to move to the tax department, where she excelled and was promoted to manager of tax and business advisory services. She talks to Wong Yat-hei

What's your academic background?

3 Feb 2012 - 12:00am

SMEs welcome help but could do with more

There were surprises and disappointments in the budget for entrepreneur Ting Wing-fai. He thinks the financial secretary should have offered more support to small and medium-sized enterprises to face the challenging economic situation ahead.

2 Feb 2012 - 12:00am

Taxpayers can look forward to lower bills

Entrepreneur Wilson Shea Kai-chuen, with a family of six, will have HK$24,000 more in his pocket this year thanks to the tax rebates. His family is also expecting to pay HK$5,610 less tax next year after an increase in allowances.

2 Feb 2012 - 12:00am

In a tightspot

When Flashback to February 23, 2011. Financial Secretary John Tsang Chun-wah unveils his 'lai see' budget, so called because it is laden with subsidies and cash offers for Hongkongers. While remembered for its HK$6,000 grant to each permanent resident, the 2011/12 budget was also a potent attack on that persistent income killer: inflation.

30 Jan 2012 - 12:00am

What does Lagarde know about capitalism or fiscal discipline?

As Europe struggles with its debt crisis ... there is a sense at the heavily guarded World Economic Forum that free markets are on trial.'

SCMP, January 26

International Monetary Fund chief Christine Lagarde joined world financial and trade organisation chiefs in warning policymakers gathering at Davos next week against fiscal cuts that jeopardise growth.

29 Jan 2012 - 12:00am

Annual rural-policy ritual goes nowhere

The central government's policies on rural development are not being implemented effectively, say scholars.

Every October since 2004, officials and researchers have gathered behind closed doors at a Beijing hotel to start drafting a lengthy document for release during Lunar New Year.

28 Jan 2012 - 12:00am