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Hong Kong 2024/25 Budget: Tax Measures and Fee Increases Announced by Financial Secretary

  • 2024/25 budget speech in Hong Kong includes indirect tax measures
  • Special stamp duty, buyer’s stamp duty, and residential stamp duty cancelled
  • Introduction of 3% hotel accommodation tax
  • Annual business registration fee increased by HKD 200 to HKD 2,200

Source: bdo.global

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.

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