Hong Kong’s finance chief has maintained that tax and fee increases for car owners are aimed at reducing congestion, not increasing revenue. Photo: Dickson Lee Hong Kong’s finance chief has maintained that tax and fee increases for car owners are aimed at reducing congestion, not increasing revenue. Photo: Dickson Lee
Hong Kong’s finance chief has maintained that tax and fee increases for car owners are aimed at reducing congestion, not increasing revenue. Photo: Dickson Lee

Hong Kong’s finance minister maintains tax, fee increases for car owners aimed at curbing congestion, not generating revenue

  • Finance chief Paul Chan says licence fees were last raised 30 years ago, with the latest increase not even keeping up with inflation over that period
  • Rather than lining the government’s coffers, Chan says the measures are aimed at curbing the number of private vehicles on the road

Topic |   Hong Kong budget 2021-2022
Hong Kong’s finance chief has maintained that tax and fee increases for car owners are aimed at reducing congestion, not increasing revenue. Photo: Dickson Lee Hong Kong’s finance chief has maintained that tax and fee increases for car owners are aimed at reducing congestion, not increasing revenue. Photo: Dickson Lee
Hong Kong’s finance chief has maintained that tax and fee increases for car owners are aimed at reducing congestion, not increasing revenue. Photo: Dickson Lee
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