The institute wants to ease the burden on taxpayers who rent property. Photo: Nora Tam

Top Hong Kong accountants’ body urges government not to give out cash handout in budget as it estimates surplus of HK$50 billion for financial year

  • Hong Kong Institute of Certified Public Accountants says big drop in land sales and stamp duty have reduced surplus
  • Calls for tax break of up to HK$100,000 for those who rent residential property
Topic |   Hong Kong economy

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The institute wants to ease the burden on taxpayers who rent property. Photo: Nora Tam
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