Text size

EY sees Hong Kong posting record HK$363B deficit; advises tax cuts to retain international finance hub status

Ernst & Young Tax Services Limited (EY) estimates the fiscal deficit of the HKSAR government will be a record HK$363 billion in 2020/21 financial year, yet the consultant holds that this is “not an appropriate time” to discuss any tax increases and instead suggested measures in the upcoming budget to reduce the tax burden so as to maintain the city’s…

To access this content, please click back to the home screen, then click “Menu” (bars in top left bars) and then “Login”.
To enquire for a free trial, please start here.
Need more help? Click here or email [email protected].