Hong Kong Rental Relief
Why tax deduction on domestic rents is not really a win for tenants
Why tax deduction on domestic rents is not really a win for tenants
Under a newly passed bill, about $100,000 can be deducted from a tenant’s annual rent.
Gov’t extends rental concessions on its properties, short-term tenancies
The extension will benefit 24,000 tenants.
The government said it will extend the 75% rental or fee concessions to its properties, and short-term tenancies until 31 December to benefit 24,000 tenants.
Legislative Council OKs bill allowing a tax deduction for domestic rents
It is expected to benefit 430,000 taxpayers.
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