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Hong Kong Peasants gets TAX REBATES!

uncleyap

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http://hk.news.yahoo.com/article/090525/3/cddo.html

像财神的笑容吗?:biggrin::wink:

151mgoj01rg6i8-i1.jpg



中產有望「加碼」退稅



(星島)2009年5月26日 星期二 06:30

(綜合報道)
(星島日報 報道)逾一百五十億元預算案「加碼」方案最快今日出爐。為了紓解市民受到金融海嘯的衝擊,本報得悉,財政司 司長曾俊華 將提出惠及各階層的「加碼」方案,並會增加預算案只有六千元的退稅金額,但為審慎理財,總數仍會少於一萬元。


  以三項原則制定「加碼」紓困措施的曾俊華,消息人士透露,希望能以「快」、「見效」和「無爭議」為宗旨,令生活在水深火熱的市民,盡快可以受 惠。明白中產人士在金融海嘯深受打擊,消息人士說,除了在二月《財政預算案》公布退稅,讓納稅人最高可獲六千元退稅,上限為其課稅額五成外,亦會增加退稅 金額,但兩者總數不會超過一萬元,相信按照預算案的計算,庫房將少收超過四十一億元。


  今次紓困措施,也會派出逾一百五十億元,協助各階層人士。最普及的方案,消息人士稱,莫過於差餉 , 相信不但是業主、租戶和商會也可以從中得益,相信除了預算案早前公布寬免兩季差餉外,再會進一步寬免兩季差餉。令市民在今個立法年度,完全不用繳交任何差 餉,但為免影響稅收,有能力的富戶人繼續交差餉,每季差餉上限仍設於一千五百元。按早前預算案的公布,涉及金額為四十二億元。


  有子女的父母今年亦會是沉重負擔的一年,因為課程改變,教科書改版,大幅增加教科書的費用,為人父母都要額外預備金錢以應付開支。為了減輕他們 負擔,消息人士稱,將會為學生提供約一千元的津貼,以減輕家長的承擔。去年特首推出一百一十億的紓困措施也採用同一招,當時涉及的開支是五億五千萬元。


  「加碼」方案,也無忽視弱勢社群,消息人士稱,會向公屋住戶提供兩個月的租金寬免。以曾蔭權 的紓困措施計算,若為十六億六千萬元。另外,該消息人士說,將有額外的綜援 和傷殘津貼,對長者也提供額外的生果金。若有額外提供一個月綜援金和傷殘津貼,以特首紓困方案計算,涉及十二億元,兩個月額外的生果金則涉及六億七千萬元。


  已不斷表達難以借貸融資,以接定單的中小企業,在多個政黨不斷要求下,消息人士說,會向中小企提出合適的紓困措施。有傳政府會把承保的成數由七成調高至八成或八成半不等,由於只是涉及政府擔保的信貸金額,相信毋須額外的開支。
  有關逾一百五十億元的「加碼」金額,據了解,仍需要取得立法會 額外撥款,若立法會議員能迅速處理,可望在今個立法年度內,「加碼」措施逐步出籠。
 

uncleyap

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http://www.nasdaq.com/aspx/stock-ma...lan-new-stimulus-measures-worth-hk168-billion

Hong Kong Financial Secretary: Plan New Stimulus Measures Worth HK$16.8 Billion




HONG KONG -(Dow Jones)- Hong Kong Financial Secretary John Tsang said Tuesday the government will implement HK$16.8 billion worth of additional stimulus measures to support the local economy.


The measures will include an increase in income tax rebates of up to HK$8,000 per person, and waivers on property rates for up to two additional quarters, Tsang said.


The new spending package comes as Hong Kong battles a recession, and follows criticism from economists and lawmakers that the stimulus measures taken by the government so far haven't been sufficient.


The stimulus package announced in February included one-time tax-relief measures, including tax breaks of up to HK$6,000 on salary taxes in the fiscal year ended March 31, and up to HK$1,500 on property taxes for each of the April- June and July-September quarters.



-By Chester Yung, Dow Jones Newswires; 852-2832-2331; chester.yung@ dowjones.com
 

uncleyap

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http://www.bloomberg.com/apps/news?pid=20601089&sid=aC4BYXPPaEZs

Hong Kong Adds HK$16.8 Billion of Relief Amid Slump (Update3)
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By Theresa Tang and Kevin Hamlin
data


May 26 (Bloomberg) -- Hong Kong announced HK$16.8 billion ($2.2 billion) of tax cuts, fee waivers and spending to shield people from a recession that’s likely to be the worst on record.



The government could “do something further” if conditions worsen, Financial Secretary John Tsang said at a briefing in the city today.



The global financial crisis has choked off demand for Chinese goods shipped through Hong Kong, triggering the economy’s biggest contraction since at least 1990. Today’s measures, including waiving business registration fees, salary tax cuts and suspending two quarters of property rates, take stimulus and relief spending since 2008 to HK$87.6 billion, or about 5.2 percent of gross domestic product, Tsang said.



“It’s too little, too late,” said Kevin Lai, an economist with Daiwa Institute of Research in Hong Kong. “The problems are hitting us now,” he said, adding that a HK$40 billion package should have been announced today.



A waiver on salary tax payments will be raised to HK$8,000 for 2008-09 from HK$6,000. Fees for business registrations and for entertainment and restaurant licenses will be dropped for a year. The government will waive property rates for two more quarters.
It will also expand a credit program for businesses, Tsang said.
Growth in 2010?



The financial secretary predicted that the second half of this year will be better than the first half and the city may return to economic growth in 2010. He cautioned that uncertainties include the world economy and swine flu.



The government has forecast a full-year contraction of as much as 6.5 percent in 2009, which would be the largest decline since data began in 1962.



Hong Kong’s exports fell a less-than-estimated 18.2 percent in April from a year earlier after a 21.1 percent decline in the previous month, the government said separately today.



“It’s another sign that the downturn in trade is bottoming out and that has to be good for the Hong Kong economy,” said David Cohen, an economist with Action Economics in Singapore.



The jobless rate climbed to 5.3 percent in the three months to April 30, the highest level in three years. It has risen every month since September.



According to Daiwa’s Lai, the city has the resources to spend much more to counter the economic slump. Hong Kong’s fiscal reserves stood at HK$494.4 billion at the end of March and the city had a HK$1.4 billion budget surplus for the year ended March 31, rather than the deficit the government had forecast.



Tsang had rolled out measures including increased infrastructure spending in his February budget.



To contact the reporters on this story: Theresa Tang in Hong Kong at [email protected]; Kevin Hamlin in Beijing at [email protected]
Last Updated: May 26, 2009 06:30 EDT
 
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