75% salary tax cut announced as Finance Sec. warns ‘political volatility’ may affect economy

Financial Secretary John Tsang spoke openly about politics during his budget speech on Wednesday morning, warning that political volatility could affect the economy. Tsang’s ninth budget included a host of measures and subsidies to boost domestic consumption and assist local industries through the economic slowdown. He also announced that salaries tax, and tax under personal assessment … Continue reading 75% salary tax cut announced as Finance Sec. warns ‘political volatility’ may affect economy